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.
There are legitimate uses for offshore companies and trusts. The inclusion of a person or entity in the ICIJ Offshore Leaks Database is not intended to suggest or imply that they have engaged in illegal or improper conduct. Many people and entities have the same or similar names. We suggest you confirm the identities of any individuals or entities included in the database based on addresses or other identifiable information. The data comes directly from the leaked files ICIJ has received in connection with various investigations and each dataset encompasses a defined time period specified in the database. Some information may have changed over time. Please contact us if you find an error in the database.
There are legitimate uses for offshore companies and trusts. Read more
