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Tuesday, April 29, 2008

Alba scandal

The Sunday TimesApril 27, 2008
Anna Mikhailova and David Leppard

A billionaire businessman friend of Tony Blair and Peter Mandelson is the subject of a criminal inquiry into alleged bribery and corruption involving a Middle Eastern royal family.

Victor Dahdaleh, a Jordanian-born tycoon who lives in London, is being targeted in an inquiry by the US Department of Justice into alleged fraud against a company owned by the Bahraini royal family. A spokesman for Dahdaleh, who is in his sixties, said the tycoon was “saddened” by the allegations and would be “vigorously contesting” them.

The claims have emerged from a commercial dispute, nicknamed “the aluminium wars”, between the American company Alcoa, one of the world’s largest metals firms, and Aluminium Bahrain (Alba) ................................

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http://www.timesonline.co.uk/tol/news/uk/article3822557.ece


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