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Questions Raised About Nuclear Deal Between U.S.-Based Company, Yemen
A report in the Mareb Press news service has raised questions about a $15 billion deal signed recently between the Yemeni government and the Houston-based Powered Corporation, to build five nuclear reactors in Yemen in the next decade. According to the report, by Munir Al-Mawri, the Powered Corporation website lists Jamal Alghani, a Yemeni immigrant, as its co-chairman and CEO for the Middle East and Africa. Alghani, formerly 'Abd Al-Ghani, lived in Oklahoma at the same time as current Yemeni Energy Minister Mustafa Bahran, raising the question of whether personal connections had played a role in the deal. Al-Mawri also reports that Alghani had previously been removed from the board of directors of Adair International Oil & Gas (AIGI) following allegations of fraud and lying about his personal history. He adds that Powered Corporation was listed on the stock exchange only months ago, in July 2007. When Al-Mawri attempted to phone the number listed for the Houston office, he was answered by company co-chairman James Jeffrey, speaking on his mobile phone from Dubai. Jeffrey declined comment. Source: www.marebpress.net, September 29, 2007
Posted at: 2007-10-01
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