May 28, 2008

MSNBC:

A little-noticed civil lawsuit in Florida is shining a light on an unusual but hugely profitable Pentagon contract to ship millions of gallons of aviation fuel to U.S. bases in Iraq through the kingdom of Jordan.

The deal involves a cast of influential characters, including the king of Jordan’s brother-in-law, who is suing Harry Sargeant III, a top Florida-based fundraiser for Sen. John McCain's presidential bid.

Al-Saleh alleges in the lawsuit that after he arranged the deal, he was cut out in a scheme meant to defraud him. He claims that he and Sargeant and the third partner, Mustafa Abu-Naba'a, a Jordanian businessman, had invested in IOTC Jordan in 2004. But, he says, Sargeant and Abu-Naba'a committed fraud by forming another company called IOTC USA in Florida without informing him and by channeling the Pentagon contracts through that firm. Al-Saleh is suing Sargeant, Abu Naba’a and the company for $13 million as his share of the profit from the 2005 contract, plus an unspecified amount of profit from the 2007 contract. Read on...

No wonder Senator McCain wants to stay in Iraq for 100 years, one of his top fundraisers is making hundreds of millions of dollars in profits from it -- and you can rest assured, Sargent isn't the only war profiteer who keeps McCain neatly tucked in his back pocket.

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