Downfall and The Airbus Deal Controversy
In May 2000, Hafez Assad decided to expel him from the Baathist party and decided that Zuabi should be prosecuted over a scandal involving the French aircraft manufacturer Airbus. Zuabi and several senior Ministers were officially accused of receiving illegal commissions of the order of US$124 million in relation to the purchase of six Airbus 320-200 passenger jets for Syrian Arab Airlines in 1996. The indictment alleged that the normal cost of the planes was US$250 million, but the Government paid $374 million and Airbus sent on US$124 million to the senior ministers. Three others involved in the transaction, including the former minister for Economic Affairs and the former minister for Transport were sentenced to prison for ten years.
The French company Airbus denied paying off the Syrian officials. It is interesting to note the Syrian Government in September 2003 announced its intention of purchasing six more Airbus planes for the government airline. The official finding within Syrian courts that Airbus paid over a hundred million dollars in bribes to their officials is apparently not a factor in deciding whether to continue to do business with them, especially with Boeing aircraft and spare parts being difficult to attain due to unilateral US sanctions.
Read more about this topic: Mahmoud Zuabi
Famous quotes containing the words downfall, deal and/or controversy:
“Children demand that their heroes should be fleckless, and easily believe them so: perhaps a first discovery to the contrary is less revolutionary shock to a passionate child than the threatened downfall of habitual beliefs which makes the world seem to totter for us in maturer life.”
—George Eliot [Mary Ann (or Marian)
“I have done a great deal of work, as much as a man, but did not get so much pay. I used to work in the field and bind grain, keeping up with the cradler; but men doing no more, got twice as much pay.... We do as much, we eat as much, we want as much.”
—Sojourner Truth (1797–1883)
“And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.”
—Thomas Hobbes (1579–1688)