Wednesday, October 19, 2011

Luxury Condo, For Saleh or Rent

Interesting article by Ken Silverstein, thought of sharing it. To read more, please visit the source as this is only PART I of the article, revealing some of Ahmed Ali Saleh real estate assets.


Why is Yemen’s presidential family loaded up with millions of dollars in D.C. real estate?

BY KEN SILVERSTEIN | OCTOBER 18, 2011



Jack Blum, an attorney and former Senate counsel who played a key role in investigations into the Bank of Credit and Commerce International and the Lockheed Corp.'s overseas bribery scandal, summarized the key questions surrounding Ahmed Ali Saleh's condo-buying: "Was an American bank involved at any point in the transactions, and if so, did it file a suspicious activities report? If so, was anything done with it, or did it just make for interesting wastepaper? Where did he get the money? Could he have afforded to buy the properties on his official salary?"

Al-Basha, at Yemen's Washington embassy, would not provide information on the salary of President Saleh, his son, or other top government officials.

Meanwhile, back in Yemen the uprising continues. President Saleh has repeatedly said he's going to leave office -- only to back away at the last minute.
The rental listing suggests that neither the president nor his eldest son plan on retiring to Washington anytime soon, however. The property owner "will consider long term lease," the listing says, so it looks as though Ahmed Ali Saleh isn't ready to move in to his luxury condo just yet.
 source: Foreign Policy

1 comment:

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