February, 16 2019 /Politics, Law & Society

Illegal arms dealers are laundering money through their shell companies

Corruption is helping illegal traders to bloom and flourish in their businesses.
 

We often think, from where do terrorists get these arms and weapons to create such chaos in the world? Well, we end up getting no satisfactory answers because things are quite awry in arms and weapons trade. Powerful tycoons like Tony Abi Saab, misuse their power and position and make business deals with the terrorists.

When avaricious temper overpowers humanity then people like Tony Abi Saab are born and they turn a blind eye to the mass slaughter of civilians for the sake of a profit.

The question is, how are frauds and illegal arms dealings take place? The answer lies in deeper scanning of a shadow infrastructure that makes it a business to supply guns and weapon to the suspected terror groups and making a profit out of it.

Highlighting the multi-billion fraud case—Sarah Lee, a non-existing employee of Sima Salazar group of Afghanistan together with the founder of the company, Raymond, embezzled billions of dollars of the US Army in reconstruction contracts. It had acquired contracts of worth $150 million before being caught, but it had no intention of completing any projects for which it was paid. It flew without paying a penny to the local sub-contractors and laborers, and earlier, blaming the US for not sending the full contract amount to pay their employees, which the US had long back sent.

Sima Salazar was winning contracts under the name of Tony owned companies Brescia Middle East and his shadow companies such as Tactical Ltd Afghanistan, K5 Global, Bennet-Fouch, G2Armory and SIMAINT.

The Lebanon-based company, Brescia Middle East (BME) was banned from doing business in the US. But, Tony Abi Saab was out of the US court trial without getting any punishment, this increased his confidence in his powerful sources across the world. Now, he is free to set up his shell companies in Europe and the Middle East. He is more astute than before as now his shell companies are more secretively run than before.

He currently owns and operates over 18 shell companies around the world which assist in purchasing and rebranding of weapons.

Tony Abi Saab is working to establish a strong base in Lebanon by creating a non-descript banking system with an unknown banker friend. His trusted friend and banker is able to semblance funds in the bank using several accounts and ensure that the money is not highlighted to the Lebanese tax authorities. All of the purchases, shipping, re-branding/ packaging is done for Tony's illegal clients so that they don’t face trouble with deliveries.

The government is trying hard to control this situation, but untill Tony Abi Saab and his companies have a valid business license with the permission to trade weapons, the situation is out of control.

 
Chief Editor
2019-02-08
London