Prince Bandar in the Mother of All Scandals
Anyone who wants to understand what really goes on in the Mideast should have a look at the scandal that erupted earlier this month over the outsized character of Prince Bandar of Saudi Arabia.
Bandar has long been a renowned mover, shaker, and charmer. As Saudi ambassador to the US, the influential Bandar schmoozed official Washington for two decades. He became an intimate of the Bush family. He invested a least $60 million in Saudi funds in the Carlyle Corp., in which the Bush family has important interests. Equally significant, Prince Bandar was a particular favorite at the CIA, where he was long considered one of its prime Mideast “assets.”
Bandar flew in his own personal Airbus A-340 painted in the colors of his favorite US football team, and threw lavish parties in his $135 million Aspen house and in Washington. He was Mr. SaudiAmerica. Congress, the media, and the rest of official Washington hailed Bandar as the kind of “good Arab” with whom the US was happy to do business.
After leaving Washington, Bandar returned home to become the highly influential head of national security and chief foreign policy advisor to Saudi Arabia’s King Abdullah. Bandar’s father, Crown Prince Sultan, is the nation’s powerful defense minister and next in line to the throne. Many Saudi observers believed Bandar was being positioned to sit one day on the throne of Saudi Arabia.
On top of all this, Bandar is also a marketing genius.
The UK Guardian newspaper and BBC recently revealed that Bandar personally received over US $2 billion in “marketing fees” from the British defense firm BAE as part of the huge, 1985 al-Yamamah arms deal. Al-Yamamah means dove in Arabic. Charges of massive corruption over the Al-Yamamah deal have swirled for years. But even for the rich Saudis, $2 billion is a lot of money. That’s twice what Washington’s most important Arab ally, Egypt, was given.
For the Saudi royals, Britain’s outgoing PM Tony Blair, and Washington, the “dove” and Bandar’s $2 billion worth of payola have become one big albatross. >>>cont
Bandar has long been a renowned mover, shaker, and charmer. As Saudi ambassador to the US, the influential Bandar schmoozed official Washington for two decades. He became an intimate of the Bush family. He invested a least $60 million in Saudi funds in the Carlyle Corp., in which the Bush family has important interests. Equally significant, Prince Bandar was a particular favorite at the CIA, where he was long considered one of its prime Mideast “assets.”
Bandar flew in his own personal Airbus A-340 painted in the colors of his favorite US football team, and threw lavish parties in his $135 million Aspen house and in Washington. He was Mr. SaudiAmerica. Congress, the media, and the rest of official Washington hailed Bandar as the kind of “good Arab” with whom the US was happy to do business.
After leaving Washington, Bandar returned home to become the highly influential head of national security and chief foreign policy advisor to Saudi Arabia’s King Abdullah. Bandar’s father, Crown Prince Sultan, is the nation’s powerful defense minister and next in line to the throne. Many Saudi observers believed Bandar was being positioned to sit one day on the throne of Saudi Arabia.
On top of all this, Bandar is also a marketing genius.
The UK Guardian newspaper and BBC recently revealed that Bandar personally received over US $2 billion in “marketing fees” from the British defense firm BAE as part of the huge, 1985 al-Yamamah arms deal. Al-Yamamah means dove in Arabic. Charges of massive corruption over the Al-Yamamah deal have swirled for years. But even for the rich Saudis, $2 billion is a lot of money. That’s twice what Washington’s most important Arab ally, Egypt, was given.
For the Saudi royals, Britain’s outgoing PM Tony Blair, and Washington, the “dove” and Bandar’s $2 billion worth of payola have become one big albatross. >>>cont
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