NEWS: Politics House of Lords ruling defends decision to halt SFO investigation The Law Lord’s enquiry centred on the decision by the then head of the SFO Robert Wardle, to end an investigation into BAE systems dealings with Saudi Arabia, in what was known as the Al Yamamah deals. Originally a bilateral “Arms for Oil” agreement set up under the Conservatives in 1985, Al Yamamah represents the largest series of export agreements in British history. However allegations of bribery of Saudi Officials, and the existence of a £60 million “slush fund” began to surface in 2004, prompting a full investigation by the SFO in November that year.
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