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  • Indicted Saudi Gets $80 Million US Contract

    06/05/2008 12:19:13 PM PDT · by swarthyguy · 6 replies · 136+ views
    ABC ^ | 6-5.08 | GRETCHEN PETERS
    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...