Thursday, May 19, 2011

Tanzania demands it gets radar cash refund from BAE

Remember the BAE case? No it didnt die away silently ...
Apparently We have demanded our 'moneyback' ...All of it...
Yes...they had a little plan to 'pay back through charity' that was i was afraid was just another Rip off to get out of paying the actual amount

 Tanzania rejected on Tuesday plans by BAE systems (BAES.L: Quote) to pay the remainder of a 30 million pound ($50 million) settlement to charity rather than state coffers, said a government  BAE said the agreement struck with the SFO allowed for the outstanding funds to be paid as a charitable payment for the benefit of the people of Tanzania.minister. .
These funds were stolen from the (Tanzanian) government and should be duly returned to our government," Tanzania's Foreign Affairs Minister BAE's decision is deliberately intended to create a false perception that Tanzania is governed by corruption and cannot be trusted with this money, while in actual fact it is BAE itself that has been under corruption investigations,
Bernard Membe told a news conference.
Tanzania says it has already agreed with the British government that these funds will be invested in the impoverished country's education sector. Wait..this does mean Cash n cheque right? 
Read More Here

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