Carlyle Group and Bin Laden

Sceala Clann T.D. Location: Derry roots

Who is/are the Carlyle Group?
Carlyle Group and Bin Laden links.
Do you know what your government is doing.
The private global investment firm Carlyle Group is part of the Mallabraca consortium seeking to buy a majority stake in Bank of Ireland, the country's oldest bank.
With the Government concerned with the influence of US defence contractor Declan Ganley, the potential presence of the Carlyle Group, also a US defence contractor, is giving some pause for this multibillion euro deal.
Labour TD Sean Sherlock stressed in the Dáil this week that the Government should be 'very careful' about who it does business with.

He cited the Carlyle Group's past relationship with the bin Laden family which invested in the firm until September 2001 when they had to liquidate their assets following Osama bin Laden's attack on the US (right).
Carlyle is also connected with both George Bushes.
Shortly after his presidency, George HW Bush became a Senior Advisor for Carlyle's Asia Advisory Board. In 2002, the Washington Post reported: 'Saudis close to Prince Sultan, the Saudi defense minister... ...were encouraged to put money into Carlyle as a favor to the elder Bush.'

Current US President George W Bush served on the board of CaterAir, which was owned by the Carlyle Group. According to a 1991 New York Times article, the director of the 1988 Republican Convention and Senior Advisor to Carlyle, suggested to the firm that the president's eldest son would 'be a positive addition to Caterair's board.'

John Major Former US Secretary of State James Baker was a Senior Counsellor at Carlyle from 1993 and former British Prime Minister John Major (left) served as Carlyle's European Chairman between 2001-2004.

Olivier Sarkozy was hired by Carlyle earlier this year to head up its global financial services division. He is the half-brother of French President Nicolas Sarkozy.

Booz Allen Hamilton

Earlier this year, Carlyle purchased the US defence contractor Booz Allen Hamilton, taking control of a good share of US intelligence operations.

Booz Allen was investigated by a European Union panel in 2006 for its role in SWIFT, a surveillance programme the panel concluded may violate European law.

Tim Shorrock, author of the new book Spies for Hire: The Secret World of Intelligence Outsourcing, estimates that of the $50bn US intelligence budget, 70% goes to private contractors like Carlyle and Booz Allen Hamilton.

'Making functions like the gathering of intelligence into profit centers is a remarkably dangerous thing to do,' he adds.

Former Booz Allen Hamilton vice president Michael McConnell is currently the US Director of National Intelligence.
rte.ie/news/2008/1128/carlyle.html

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