About
Brian Mulroney served as prime minister of Canada from 1984 to 1993 as leader of the Progressive Conservative Party and is now a law partner in Montreal. He signed the predecessor to the North American Free Trade Agreement and has been called “one of the architects of today's global economy.”In the data
Mulroney is listed in Appleby’s files as a director between 2004 and 2009 of Said Holdings Limited, a Bermuda company controlled by controversial Syrian-Saudi businessman Wafic Said. The company, created in 1994, had other directors, including Lord Powell of Bayswater, a former top foreign policy adviser to Margaret Thatcher, and Robert Zoellick, former president of the World Bank.
Said was a key intermediary in the controversial al-Yamamah oil-for-arms deal, worth tens of billions of dollars, between the United Kingdom and Saudi Arabia. BAE Systems in 2010 settled a U.S. Department of Justice bribery investigation and a separate British probe by pleading guilty to criminal charges and paying about $450 million in fines.
Response
Said responded that “Brian Mulroney did indeed sit on the board of my family investment company, Said Holdings Ltd. for the years you mention, and made a very valuable contribution to it. I am proud of the role I played in helping to secure the Al Yamamah program and with it many tens of thousands of well-paid and highly skilled jobs in the United Kingdom.”
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