Switzerland Investigating BAE Arms Deals

[bobthedrummer]

Source: Guardian article by AP's Balz Bruppacher

Swiss prosecutors have begun an investigation into corruption allegations surrounding arms deals by the British aerospace company BAE Systems PLC, an official said.

Read more: http://www.guardian.co.uk/worldlatest/story/0,,-6628105,00.html

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Archived post that relates to this-btw, some of the links are gone.
"One of the most sinister BCCI components is BAE"
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x490176#493385

Archived parent thread of that post started by Stephanie 2-22-2006 that is related to the history of the "corruption allegations"!
"UAE & BCCI"
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x490176

[bobthedrummer]

1. "Radar Love: Robbing the Cradle to Pay War Profiteers" by Chris Floyd (Truthout.org)

This was published 1-27-07 and is also a good backround article for those that give a damn.

http://www.truthout.org/docs_2006/012707D.shtml

[jwirr]

2. The secrecy of Swiss banks is one of the things that has helped

arms proliferation. Much of the money is funneled through there.

[Heidi]

3. It's true that Swiss banks take customers' privacy rights

more seriously than do US banks, but that's generally because failure to report income or assets is not considered a crime in Switzerland. However, "since 1998 it has been a criminal offense for a Swiss banker not to properly document the source of wealth and the "end beneficiaries" behind a bank account. The laws are far tougher than anything on the books in the U.S."
http://members.forbes.com/forbes/2001/1112/080s01.html

(Edited to add: I understand that this particularly LBN article is about events occurring two decades ago, so your point is valid.)

[burrowowl]

4. Interesting! K&R

[bobthedrummer]

5. When you consider the history and what was known decades ago

it is more than interesting, it becomes a pattern.

[bobthedrummer]

6. It is intriguing indeed.