Sunday, 9 November 2014

1MDB Funded RM218,000 Per Month Retainer To Tony Blair!

SARAWAK REPORT: London’s Sunday Times newspaper has published a front page story revealing that the former UK Prime Minister Tony Blair was hired by PetroSaudi International for RM218,000 ($65,000) a month, plus a 2% ‘success fee’ on transactions.

The controversial company was itself funded by a billion plus dollar loan from the Malaysian Development Fund 1MDB and has provided no other evidence of substantial income for that period.

It works out at an annual ‘retainer’ of over RM2.6million for the ex-British PM, all apparently funded by Malaysian development money.

There has been considerable criticism that Blair has been combining his role as a Middle East negotiator with involvement in private oil deals.

This new Sunday Times report provides devastating new evidence what it dubs his “cash-for-contacts” business. Read on and comment » | Saturday, November 08, 2014

THE SUNDAY TIMES: ARTICLE AS A PDF FILE: Blair’s secret cash-for-contacts deal with Saudis » | Jon Ungoed-Thomas | November 09, 2014


MAIL ON SUNDAY: Blair ‘signed secret contract with Saudi oil firm promising him £41,000 a month and a slice of any deals he helped broker’ » | Gemma Mullin for MailOnline | Sunday, November 09, 2014