| Press Release
from Judicial Watch about the
Carlyle Group,
explaining Bush's connection to the Bin Ladens:
|
For Immediate Release |
| Apr 1, 2002 |
MIDEAST TERROR WAR ADDS URGENCY TO CARLYLE GROUP CONTROVERSY
Former President Bush Works for
International Investment Firm With Ties To Saudi Arabia
Company Had Bin Laden Family Connections
(Washington, DC) Judicial Watch, the public interest law
firm that investigates and prosecutes government corruption,
today pointed out that the recent spate of terror attacks on
Israel has lent new urgency to the need for former President
Bush to resign from the Carlyle Group, an international
investment firm with close ties to the government of Saudi
Arabia.
The former president, the father of President Bush, worked
for the bin Laden family business in Saudi Arabia through
the Carlyle Group, meeting with them at least twice. The
terrorist leader Osama bin Laden had supposedly been
“disowned” by his family, which runs a multi-billion dollar
business in Saudi Arabia and was a major investor in the
senior Bush’s firm. Other reports have stated his Saudi
family have not truly cut off Osama bin Laden.
In the wake of Judicial Watch and other criticism of its
ties to the bin Laden family business, the Carlyle Group
reportedly no longer does business with the bin Laden
conglomerate. Yet the Group, among other conflicts of
interest, reportedly has a major business relationship with
the Saudi Arabian government, which many have criticized for
its lack of cooperation in America’s war on terrorism and
its financial and other support for terrorist attacks on
Israel and U.S. interests.
“It stands to reason, as noted in the David Sanger piece in
The New York Times today, that President Bush
consults with his father on issues of the day. In a normal
situation, this would be appropriate, but with President
Bush’s father being effectively an agent of the Saudi
Arabian government, it raises, in the least, a conflict of
interest problem. Questions can be raised, for instance, if
the ‘kid gloves’ treatment of Saudi Arabia by the Bush
Administration has anything to do with his father’s
financial ties to the Saudi regime. Former President Bush
would be doing his son and his country a favor by
immediately resigning from the Carlyle Group,” stated
Judicial Watch Chairman and General Counsel Larry Klayman.
|
|
|
