Re:Did somebody just try to buy the British government?
by thaumaturgy on Wednesday November 03, 2010 @12:32PM
(#1865347)
Ah, and there's a connection, too: the OITC and David James were both involved in bidding to rescue MG Rover. (http://news.bbc.co.uk/2/hi/business/4681369.stm)
Re:Did somebody just try to buy the British government?
by shrikant on Wednesday November 03, 2010 @01:35PM
(#1865625)
I don't see any reference to the OITC in that BBC article - am I missing something?
Re:Did somebody just try to buy the British government?
by adnam on Wednesday November 03, 2010 @01:48PM
(#1865686)
See the wikipedia article in dansingerman's comment
Re:Did somebody just try to buy the British government?
by angusgr on Thursday November 04, 2010 @08:21PM
(#1871442)
Apparently he's quoted as saying it's not the OITC.
http://www.zdnet.co.uk/blogs/security-bullet-in-10000166/lor...
Although why a more mainstream news organisation hasn't picked it up, I do not know (too wacky?)
Significant excerpt:
"The OITC proposed to invest US$150 million in a hydro-electric project in the region, subject to Ullauri placing $20,000 in a bank account in Kuala Lumpur, Malaysia as a deposit. She paid in the money as requested in December 2005 but several months later there was no sign of the promised millions from the OITC.[11] In mid-April 2006 Ullauri publicly denounced the OITC as a fraud and lodged a complaint against its principal, Ray Cchat Dam, and two Ecuadorians said to be its local agents.[12]"