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The War Dividend: The British companies making a fortune out of conflict-riven Iraq

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At news.independent.co.uk

The evidence of massive investments and the promise of more multimillion-pound profits to come was discovered in a joint investigation by Corporate Watch, an independent watchdog, and The Independent. The findings show how much is stake if Britain were to withdraw military protection from Iraq. British company involvement at the top of Iraq's new political and economic structures means Iraq will be forced to rely on British business for many years to come. A total of 61 British companies are identified as benefiting from at least £1.1bn of contracts and investment in the new Iraq. But that figure is just the tip of the iceberg; Corporate Watch believes it could be as much as five times higher, because many companies prefer to keep their relationship secret. The waters are further muddied by the Government's refusal to release the names of companies it has helped to win contracts in Iraq. [Yes Gawd please judge Blair and Bush and all their crooked, crony deals...]

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At news.independent.co.uk


 

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