Saturday, February 06, 2010

Defense Contractor With Ties To McConnell Will Plead Guilty On False Statements Charge

TPM:


A British defense contractor with ties to Senate Minority Leader Mitch McConnell has agreed to plead guilty to having misled the government about payments that may have been used to help win contracts Saudi Arabia, the Justice Department has announced.

In a joint agreement with the U.S. and U.K., BAE Systems will pay a $400 million fine.
Earlier this week,
we reported that McConnell, a Kentucky Republican, has received tens of thousands of dollars in campaign contributions from from BAE, and has steered millions in earmarks toward the firm, which operates a facility in the Bluegrass State.

Last week, McConnell spoke on the Senate floor to oppose a Democratic effort to ensure that foreign corporations can't spend money to sway U.S. elections.
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