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Monday, August 11, 2008

BAE in new £20bn Saudi arms deal

BAE Systems is in talks to sell dozens more Eurofighter Typhoon aircraft to Saudi Arabia in a deal that will reawaken bribery allegations made over earlier arms sales to the Gulf kingdom.

Senior defence-industry sources said last week the negotiations, which have been under way for some months, have been given added impetus by a controversial House of Lords decision last month.

The Lords said the Serious Fraud Office had been right to suspend a probe into alleged bribery, reversing an earlier Court of Appeal decision.

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