Probe 'threat' to British firms

Posted on: Dec. 4th, 2006 || Source: news.bbc.co.uk | E-mail Article | Print Article

Top British defence and manufacturing firms have written to the government to warn that billions of pounds could be lost in contracts with Saudi Arabia.

The Defence Industries Council says the UK stands to lose out as a result of a breakdown in Saudi-British relations.

The DIC's letter is the latest twist in the row over an inquiry into bribes allegedly paid in the huge Al-Yamamah arms deal won by BAE Systems.

Saudi Arabia's government and BAE deny any wrongdoing.

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