Saudis may pull out of Eurofighter contract over fraud probe: report
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Saudi Arabia reportedly may pull out of a contract to buy 72 new Eurofighter aircraft from British firm BAE Systems because of a row over an investigation into an alleged slush fund.
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The former Saudi Arabian ambassador to the United States, Prince Bandar bin Sultan, may have received up to $2 billion in confidential payments from a British defense firm, BAE Systems, over a period of nearly 20 years, according to two British media reports.
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US authorities are investigating British arms manufacturer BAE Systems&#39; compliance with anti-corruption laws, including those regarding lucrative Saudi contracts, BAE said Tuesday.
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The Serious Fraud Office has ended its corruption inquiry into a Â£6bn fighter plane deal with Saudi Arabia.
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According to a new U.S. Department of  Homeland Security report, inadequate financing and training  have left many department officers in Saudi Arabia ill-prepared  to enforce a program intended to stop Saudi Arabia terror  suspects from receiving U.S. visas, the New York Times reported  on Friday.
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Britain's biggest defence contractor, BAE Systems, reportedly paid millions of dollars into a slush fund for a leading member of Saudi Arabia's royal family with the knowledge of its chief operating officer.
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The inquiry in alleged bribes paid for Saudi contracts stands to cost the UK billions in lost deals, manufacturers warn the government.
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A US government watchdog warns that a $15bn helicopter contract won by Boeing should be put back out to tender.
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Swedish government prosecutors are conducting an inquiry into bribery allegations to do with Saab's involvement with British defence manufacturer BAE Systems's dealings in the Czech Republic, the Financial Times has reported.
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Saudi Arabia has suspended negotiations with Britain over the its purchase of 72 new Eurofighter aircraft from BAE Systems because of a row over an investigation into an alleged slush fund.
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The kingdom of Saudi Arabia, three Saudi princes and several Saudi financial institutions were dismissed Tuesday as defendants in six civil lawsuits accusing them of providing support to al-Qaida before the Sept. 11 terrorist attacks.
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Saudi Arabia has given Britain 10 days to stop an investigation into allegations of corruption by members of the kingdom's royal family or it will cancel its multi-billion pound deal for British fighter jets, The Daily Telegraph reported.
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Former prime minister Tony Blair raised fears over a probe into an alleged corrupt arms deal between Saudi Arabia and BAE Systems days before it was dropped, according to a letter released Friday.
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As prime minister, Tony Blair demanded the cancellation of a fraud investigation against aerospace company BAE Systems PLC in part because he feared it would jeopardize an arms deal with Saudi Arabia, a newspaper reported Saturday.
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Sale of red roses and red gifts has been banned by Saudi Arabia's religious police in the run-up to Valentine's Day, reports a local newspaper
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Saudi Arabia announced on Monday it has signed a 4.43 billion pound (8.86 billion dollar) deal to buy 72 Eurofighter planes, after tortuous negotiations on one of the largest ever British export orders.
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Britain's head of overseas intelligence warned that Saudi Arabia likely would stop sharing vital information on terrorism if prosecutors pursued an investigation into alleged corruption in an arms deal, lawmakers disclosed Tuesday.