Source: AP News via Yahoo News
It looks like the announcement that DP World was pulling out of the ports deal is a farce and an outright lie at best.
WASHINGTON--The Dubai-owned company that promised to surrender its U.S. port operations has no immediate plans to sell its U.S. subsidiary's interests at Miami's seaport, a senior executive wrote Monday in a private e-mail to business associates.
Even if DP World were to sell its Miami operations to quell the congressional furor over an Arab-owned company managing major U.S. ports, "that would probably take a while," wrote Robert Scavone, a vice president for DP World's U.S. subsidiary.
The e-mail, obtained by The Associated Press, added to questions raised since DP World's announcement last week that it will divest U.S. port operations it acquired when it bought London-based Peninsular and Oriental Steam Navigation Co.
DP World has said those operations are worth roughly $700 million.
The takeover touched off a political uproar over the Bush administration's earlier approval of the deal without an intensive 45-day security investigation. The company initially sought to quiet the dispute by submitting voluntarily to such an investigation.
That promise to "transfer fully" its U.S. operations to an American company seems even more suspect now.
If that company ends up being...let's say Halliburton, perhaps...this whole ordeal could inflame once again.
Last week, DP World backed away from the deal further. It pledged to "transfer fully" its U.S. operations to an unspecified American company and said DP World will not suffer economic loss.
The company has steadfastly declined to clarify its statement or the timing of any possible sale, and leading congressional critics have threatened to intervene if DP World's plans fall short of a full divestiture of its U.S. operations.
I'm curious. The announcement by Sen. John Warner (R-Va) on the Senate floor last week was a deliberate lie and a bunch of BS then?
And I guess the comments by White House spokesman Scott McClellan were a part of the "spin and lies machine," too.
At the White House, moments before DP World's announcement, spokesman Scott McClellan said company executives had earlier promised to transfer their U.S. businesses, "and it's important that they fulfill the commitment that was made."
"They have expressed that they are fully committed to doing so, and the Treasury Department said that they would work with them on implementing that decision," McClellan said.
This is a huge failure of national security and the truth on so many levels. Now we have solid proof of a conspiracy to deliberately mislead the public on this ports deal. Basically: we will tell people what they want to hear while our secret, illegally-brokered deal still go through.
You have to love the many levels of the "seriously corrupt" American politics scene!
Tags: [DP World], [ports deal], [U.S. port operations], [Miami's seaport], [spin and lies], [failure of national security]
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