Report: UK arms money funneled to Saudi prince

June 7, 2007 12:18

A Saudi prince received millions of pounds for his own use as part of Britain's largest arms deal, the British Broadcasting Corp. said. In upcoming report from its "Panorama" program, the BBC reports that the payments went to Prince Bandar bin Sultan, who negotiated the 40 billion-pound Al-Yamamah arms deal to sell 100 warplanes in 1985. BAE Systems, the prime contractor, has denied that it ever violated British law in relation to the contract. Prince Bandar refused to comment, the BBC said in a statement Wednesday.

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