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WASHINGTON,
DC - Judicial Watch, the public interest law firm
that investigates and prosecutes government corruption,
today pointed out that the recent spate of terror
attacks on Israel has lent new urgency to the
need for former President Bush to resign from
the Carlyle Group, an international investment
firm with close ties to the government of Saudi
Arabia.
The former president, the father of President
Bush, worked for the bin Laden family business
in Saudi Arabia through the Carlyle Group, meeting
with them at least twice. The terrorist leader
Osama bin Laden had supposedly been "disowned"
by his family, which runs a multi-billion dollar
business in Saudi Arabia and was a major investor
in the senior Bush's firm. Other reports have
stated his Saudi family have not truly cut off
Osama bin Laden.
In
the wake of Judicial Watch and other criticism
of its ties to the bin Laden family business,
the Carlyle Group reportedly no longer does business
with the bin Laden conglomerate. Yet the Group,
among other conflicts of interest, reportedly
has a major business relationship with the Saudi
Arabian government, which many have criticized
for its lack of cooperation in America's war on
terrorism and its financial and other support
for terrorist attacks on Israel and U.S. interests.
"It
stands to reason, as noted in the David Sanger
piece in The New York Times today, that President
Bush consults with his father on issues of the
day. In a normal situation, this would be appropriate,
but with President Bush's father being effectively
an agent of the Saudi Arabian government, it raises,
in the least, a conflict of interest problem.
Questions can be raised, for instance, if the
"kid gloves" treatment of Saudi Arabia by the
Bush Administration has anything to do with his
father's financial ties to the Saudi regime. Former
President Bush would be doing his son and his
country a favor by immediately resigning from
the Carlyle Group," stated Judicial Watch Chairman
and General Counsel Larry Klayman.
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Copyright 1997-2002, Judicial Watch, Inc.
Contact Press Office 202-646-5172

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