The day that LSE sold its soul to Libya: BP chief makes oil deal with Gaddafi...

Daily Mail ^ | 03/05/11 | Michael Seamark

[TigerLikesRooster]

The day that LSE sold its soul to Libya: BP chief makes oil deal with Gaddafi... and drags prestigious university into disrepute

By Michael Seamark

Last updated at 1:33 AM on 5th March 2011

. •BP boss who signed £545m oil pact was lobbying for university too

In a desert tent outside Colonel Gaddafi's home town of Sirte four years ago, Tony Blair shook hands with the Libyan dictator in a controversial 'blood money' deal which laid the foundations for the release of the Lockerbie bomber.

Also inside the tent was Peter Sutherland, then chairman of BP, who subsequently announced a £545million oil deal.

It was the moment when Gaddafi came in from the cold - and when the distinguished name of the London School of Economics was dragged firmly into the murky world of corporate politics.

For we now know that Mr Sutherland was peddling the interests of that institution as much as the oil company he headed.

As well chairing BP, he was about to become chairman of the LSE's court of governors, party to all key decisions.

So not only was he backing a shameless Blairite rehabilitation programme for a brutal despot and touting for business for BP, he also had the begging bowl out on behalf of the LSE.

The conflicts of interest are dizzying.

It was Mr Sutherland, a former Irish politician and chairman of Goldman Sachs International, who on Thursday night as chairman of the court of governors, accepted with 'great regret and reluctance' the resignation of Sir Howard Davies.

[He Rides A White Horse]

I would push my car past a BP if I were out of gas (or as they say, petrol) until I found another station.

[He Rides A White Horse]

There’s no excuse for releasing the Lockerbie bomber. None at all. Think what those people on Pan Am 103 went through as the plane broke up @30,000ft.

I detect a foul stench.

[He Rides A White Horse]

In a desert tent outside Colonel Gaddafi's home town of Sirte four years ago, Tony Blair shook hands with the Libyan dictator in a controversial 'blood money' deal which laid the foundations for the release of the Lockerbie bomber.

Also inside the tent was Peter Sutherland, then chairman of BP, who subsequently announced a £545million oil deal.

Just an expression of disgust F-15. Not aimed at you.

[Cardhu]

I am sure that you will all find this May 4th Al Jazeera's interview
with Saif Qaddafi very interesting or perhaps disturbing.

Set the speed for 240p if you have a slow connection.

Saif Qaddafi interview with Al Jazeera

[Cardhu]

Sorry March 4th 2011

[SunkenCiv]

Thanks TigerLikesRooster.

In a desert tent outside Colonel Gaddafi's home town of Sirte four years ago, Tony Blair shook hands with the Libyan dictator in a controversial 'blood money' deal which laid the foundations for the release of the Lockerbie bomber. Also inside the tent was Peter Sutherland, then chairman of BP...