billion dollar bribery shares up

NEWS Global corruption watchdogs are keeping a close eye on hearings at the UK House of Lords where the Serious Fraud Office is arguing against a High Court decision to reopen a multibillion bribery case. In the meantime, financial press followed the money.

"Meanwhile, shares in BAE Systems added 5-1/4 pence to 431-3/4, as investors focus on Britain's upper House of Parliament Monday when the government challenges a court's verdict that ministers were wrong to drop a probe into bribery allegations surrounding the UK defence group's arms deals with Saudi Arabia.
Forbes reports House of Lords is scheduled to hear a government appeal against a High Court ruling "that the Serious Fraud Office acted unlawfully in ditching its investigation into the 43-billion-pound Al-Yamamah arms deal in 1985." LINKS Forbes story on rising death shares Exposed: the arms lobbyist in Parliament Google news stories on House of Lord hearings avaiki pick : Mixed Messages on Fighting Foreign Bribery, Says TI Report avaiki link : rich states ‘failure’ on corruption
BBC News
UK Lords consider BAE-Saudi arms deal probe Forbes, NY - 2 hours ago ... Saudi Arabia and BAE Systems PLC reached Britain's highest court Monday, as the House of Lords began considering whether the decision was lawful. ... SFO dropped BAE inquiry over 'national security' concerns, law ... Times Online all 14 news articles »