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InvisibleXlea321
Stranger
Registered: 02/25/01
Posts: 9,134
Thatcher and Saddam..and the taxpayer
    #1341363 - 02/27/03 05:46 PM (21 years, 2 months ago)

UK taxpayers forced to pay millions for Iraq arms

David Leigh and Rob Evans
Friday February 28, 2003
The Guardian

The British taxpayer has unknowingly picked up huge bills for helping to arm Iraq before the last Gulf war, the Guardian can disclose.

The government has secretly written cheques totalling more than ?33m for arms companies who supplied Saddam Hussein in the 1980s.

The files on these disastrous insurance deals have been locked up for 12 years since they were secretly authorised by Margaret Thatcher. The total loss to the taxpayer on military and civil credit sales her administration carried out with Iraq now exceeds ?1bn.

In a detailed investigation, we have identified for the first time from Whitehall documents all the arms contracts concerned and the firms and banks who benefited.

Racal, Thorn-EMI and Marconi secretly supplied President Saddam's army with artillery control, anti-mortar radar and secure radio systems, much of which it is believed still to possess. The firms are all now subsidiaries of defence giants BAE and Thales.

Military deals also included generators to start up military jets and helicopters from Houchin Ltd and Braby Auto Diesels; air force reconnaissance cameras from Vinten; and an electron microscope from Cambridge Instruments.

The giant construction firm John Laing, and a smaller firm, Tripod Engineering, were given government insurance for a ?23m contract to build a training complex for Iraqi fighter pilots. Whitehall paid out ?2.9m on the collapse of the project when the Gulf war broke out.

Other purely civilian deals included a 1990 guarantee for a Rolls-Royce subsidiary to build a power station near Baghdad. The government wrote a compensation cheque for ?65m.

Whitehall files show that the government guarantees were given regardless of President Saddam's brutal record and regardless of his being a normally unacceptable credit risk.

The details of these guarantees have hitherto been kept secret by claims of "commercial confidentiality". But in an unprecedented display of commitment to open government, the export credit guarantee department last week agreed to release thefiles.

http://www.guardian.co.uk/armstrade/story/0,10674,904684,00.html




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Invisiblecarbonhoots
old hand

Registered: 09/11/01
Posts: 1,351
Loc: BC Canada
Re: Thatcher and Saddam..and the taxpayer [Re: Xlea321]
    #1341400 - 02/27/03 06:14 PM (21 years, 2 months ago)

same old story eh?

margaret thatcher. what a neocon.

i feel for britain, having her as pm. she really rode that first wave of the neocon tide. when it was still sort of unknown and that gave it a bit of innocence...

what a bitch.



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  -I'd rather have a frontal lobotomy than a bottle in front of me

CANADIAN CENTER FOR POLICY ALTERNATIVES

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InvisibleXlea321
Stranger
Registered: 02/25/01
Posts: 9,134
Re: Thatcher and Saddam..and the taxpayer [Re: carbonhoots]
    #1342017 - 02/28/03 03:50 AM (21 years, 2 months ago)

Good point carbon.

Thank god we've now got....Blair  :frown:


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Don't worry, B. Caapi

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Offlineruskifile
droog

Registered: 05/11/02
Posts: 258
Loc: nowhere
Last seen: 16 years, 5 months
Re: Thatcher and Saddam..and the taxpayer [Re: Xlea321]
    #1342249 - 02/28/03 06:12 AM (21 years, 2 months ago)

But then, the Aust PM aka Deputy Sheriff of the South Pacific (or "little Johnny" for short) said just last year that in his opinion, "Margaret Thatcher was one of the finest and most important political figures of the last 50 years..." which promptly made everyone lose their breakfast...  :crazy: poor old Winnie huh...



     


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(zhukov in a previous life....)

2SER FM underground radio

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Offlineuno
enthusiast

Registered: 04/06/02
Posts: 448
Last seen: 12 years, 6 days
Re: Thatcher and Saddam..and the taxpayer [Re: Xlea321]
    #1355815 - 03/06/03 10:47 PM (21 years, 2 months ago)

Quote:

Good point carbon.

Thank god we've now got....Blair  :frown: 


Where did Blair go wrong?  He used to be a good guy, into that whole democracy thang.


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- uno

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