keybored
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 Belgium
06/08/2018 10:45 AM
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Report Copyright Violation | The Cost of human rights? UK may relax rules to lure Saudi’s Aramco to London Stock Exchange The Financial Conduct Authority (FCA) is ready to relax its rules to enable state-owned companies such as Saudi Arabia’s Aramco to float on London’s Stock Exchange, despite the kingdom’s questionable human rights record.
After calls for a crackdown on the influence of Russia’s “dirty money,” allegedly via ‘Putin’s cronies,’ it appears the UK is comfortable with Saudi state finances circulating through the City of London. Especially when a tidy £1.5 trillion ($2 trillion) is at stake.
Following the Skripal poisoning case, there was a clamor from politicians to respond to what they saw as Russian state aggression, with clear red lines – politicians such as foreign affairs select committee chair and Conservative MP Tom Tugendhat, who remarked at the time: “We can no longer allow ‘business as usual.’”
So far, there has been no sign of the jingoistic rhetoric from politicians and mainstream political commentators towards a country with a whole range of human rights abuses to its name, following the announcement from the FCA. [ link to www.rt.com (secure)] Well what else did people expect from a bunch of greedy hypocrites. |
