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Indicted Saudi Gets $80 Million US Contract
ABC ^ | 6-5.08 | GRETCHEN PETERS

Posted on 06/05/2008 12:19:13 PM PDT by swarthyguy

The US military has awarded an $80 million contract to a prominent Saudi financier who has been indicted by the US Justice Department. The contract to supply jet fuel to American bases in Afghanistan was awarded to the Attock Refinery Ltd, a Pakistani-based refinery owned by Gaith Pharaon. Pharaon is wanted in connection with his alleged role at the failed Bank of Credit and Commerce International (BCCI), and the CenTrust savings and loan scandal, which cost US tax payers $1.7 billion.

(ABC News Photo Illustration)The Saudi businessman was also named in a 2002 French parliamentary report as having links to informal money transfer networks called hawala, known to be used by traders and terrorists, including Al Qaeda.

Interestingly, Pharaon was also an investor in President George W. Bush's first business venture, Arbusto Energy.

A spokesman for the FBI said Pharaon was not wanted in connection with the French report, but confirmed he was still sought by the US Justice Department.

Ghaith Pharaon is an FBI fugitive indicted in both the BCCI and CENTRUST case," said Richard Kolko, a spokesman for the FBI. "If anyone has information on his location, they are requested to contact the FBI or the US Embassy."

The US military purchases jet fuel from Attock through the contractor Supreme Fuels, according to a US government website. The $80 million contract for 2008 was posted this week on a US government website . Attock supplied the US military more than $40 million in jet fuel in 2007, according to another spreadsheet posted on the site.

An official at Attock, who did not wish to be named, confirmed the refinery was supplying thousands of tons of jet fuel to the US base at Bagram Air Base every month.

The US military has not responded to requests for comment.

Pharaon could not be reached for comment.


TOPICS: Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: 200806; arbustoenergy; attock; attockrefinery; bcci; centrust; clarkclifford; cliffordclark; france; frenchintelligence; fuel; gaithpharaon; ghaithpharaon; gretchenpeters; jihad; kolko; ourfriends; pharaon; richardkolko; saudis; supremefuels; swarthyguy; wot
LOL! Back to BCCI and the whole squalid, sordid ties between the US and Saudis.
1 posted on 06/05/2008 12:19:17 PM PDT by swarthyguy
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To: swarthyguy

Coal to Liquid - Now
Open ANWR - Now
Open ConShelf - Now
Shale oil - Now
Sack Congress -— NOW!!!


2 posted on 06/05/2008 12:28:37 PM PDT by SlowBoat407 (ANWR would look great in pumps.)
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To: swarthyguy

I watched the BCCI hearings. Dem bigshot Clifford Clark? Clark Clifford?, was asked why he had taken the stock gift from BCCI. He answered that he normally would have used his own investment money to buy the stocks, but that the Capital Gains Tax was so high, if he sold stocks to cover the BCCI purchase, he would have lost money! LOL! The Dems stopped askin’ him questions right away!


3 posted on 06/05/2008 12:31:18 PM PDT by Dr. Bogus Pachysandra ("Don't touch that thing")
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To: Dr. Bogus Pachysandra

As far as Saudi and America are concerned, NOTHING, but NOTHING will derail the Saudi Gravy Train.


4 posted on 06/05/2008 12:35:54 PM PDT by swarthyguy (Osama Freedom Day: 2500 or so since September 11 2001! That's SIX +years, Dubya.)
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To: swarthyguy
LOL! Back to BCCI and the whole squalid, sordid ties between the US and Saudis.

Oh, this is great.

The military is now funding a man with terrorist connections.

But hey, he's a Saudi. So it must be okay, right?

5 posted on 06/05/2008 12:51:36 PM PDT by highball ("I never should have switched from scotch to martinis." -- the last words of Humphrey Bogart)
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To: highball

Well, the Jihad has to be funded somehow.

USARMY>ATTOCK>RIYADH>MOSQUES>CHARITIES>PAKISTAN>TALIBANAQ


6 posted on 06/05/2008 12:59:47 PM PDT by swarthyguy (Osama Freedom Day: 2500 or so since September 11 2001! That's SIX +years, Dubya.)
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To: Dr. Bogus Pachysandra

That’s funny.


7 posted on 06/05/2008 2:26:25 PM PDT by swarthyguy (Osama Freedom Day: 2500 or so since September 11 2001! That's SIX +years, Dubya.)
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