06-19-2019, 03:10 PM
(This post was last modified: 06-19-2019, 03:10 PM by Firestarter.)
Supplying Saddam with arms
So while Iran was supplied with weapons from the Western “democracies”, Iraq’s Saddam Hussein was also armed to the teeth to fight the evil Ayatollah Khomeini (that had been put in charge of Iran by Britain and the US)....
In the 1980s, UK officials shredded documents after deliberately smuggling Chieftain tank hulls to Iraq via Jordan.
The ECGD gave insurance guarantees that were supposed to cover only civil projects but were used on arms sales to Saddam Hussein’s regime. About £1 billion of money was paid by the British taxpayer to supply Saddam with weapons.
Firms who benefited from this wonderful example of “freedom and democracy” are: the Midland Bank (now part of money laundering giant HSBC); Morgan Grenfell (now part of – once again - the Deutsche Bank); Racal and Thorn-EMI (both sold to the French Thales); and Marconi (acquired by the giant BAE Systems).
The first arms firm to profit was Racal, which was provided with a secret "defence allocation" of £42 million of special ECGD insurance, after getting a contract with Iraq in 1985. Racal shipped sophisticated Jaguar V radios to Iraq´s army on credit.
Racal was building a factory in Iraq when the Gulf war broke out. Then the ECGD had to write Racal's bankers an insurance cheque for £15.7 million.
In 1987, ECGD's secret "defence allocation" had been used up by Racal. So Ministry of Defence officials reclassified the contract as civil.
In 1987 Marconi Command & Control got a taxpayer guarantee for £10 million, to sell Amets to the Iraqi army. The ECGD ended up writing a cheque for £8.2 million when Marconi didn´t get paid.
In 1988, an £18 million deal for Tripod Engineering on a fighter pilot training complex for the Iraqi air force got reclassified as civil. The taxpayer ended up paying £2.9 million on compensation for this deal.
In 1988, Thorn-EMI got ECGD insurance to ship supplies of Cymbeline mortar-locating radar to the Iraqi army and to train Iraqi officers. The taxpayer had to pay out almost £1 million in compensation: https://www.theguardian.com/world/2003/f....politics1
It has also been reported that Prime Minister Margaret Thatcher’s son Mark Thatcher received $18 million in kickbacks for the help to secure arms sales to Saudi Arabia: https://www.lawfulpath.com/forum/viewtop...cher#p5274
So while Iran was supplied with weapons from the Western “democracies”, Iraq’s Saddam Hussein was also armed to the teeth to fight the evil Ayatollah Khomeini (that had been put in charge of Iran by Britain and the US)....
In the 1980s, UK officials shredded documents after deliberately smuggling Chieftain tank hulls to Iraq via Jordan.
The ECGD gave insurance guarantees that were supposed to cover only civil projects but were used on arms sales to Saddam Hussein’s regime. About £1 billion of money was paid by the British taxpayer to supply Saddam with weapons.
Firms who benefited from this wonderful example of “freedom and democracy” are: the Midland Bank (now part of money laundering giant HSBC); Morgan Grenfell (now part of – once again - the Deutsche Bank); Racal and Thorn-EMI (both sold to the French Thales); and Marconi (acquired by the giant BAE Systems).
The first arms firm to profit was Racal, which was provided with a secret "defence allocation" of £42 million of special ECGD insurance, after getting a contract with Iraq in 1985. Racal shipped sophisticated Jaguar V radios to Iraq´s army on credit.
Racal was building a factory in Iraq when the Gulf war broke out. Then the ECGD had to write Racal's bankers an insurance cheque for £15.7 million.
In 1987, ECGD's secret "defence allocation" had been used up by Racal. So Ministry of Defence officials reclassified the contract as civil.
In 1987 Marconi Command & Control got a taxpayer guarantee for £10 million, to sell Amets to the Iraqi army. The ECGD ended up writing a cheque for £8.2 million when Marconi didn´t get paid.
In 1988, an £18 million deal for Tripod Engineering on a fighter pilot training complex for the Iraqi air force got reclassified as civil. The taxpayer ended up paying £2.9 million on compensation for this deal.
In 1988, Thorn-EMI got ECGD insurance to ship supplies of Cymbeline mortar-locating radar to the Iraqi army and to train Iraqi officers. The taxpayer had to pay out almost £1 million in compensation: https://www.theguardian.com/world/2003/f....politics1
It has also been reported that Prime Minister Margaret Thatcher’s son Mark Thatcher received $18 million in kickbacks for the help to secure arms sales to Saudi Arabia: https://www.lawfulpath.com/forum/viewtop...cher#p5274
The Order of the Garter rules the world: https://www.lawfulpath.com/forum/viewtop...5549#p5549