Talk:Nimir Petroleum

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SHEIKH KHALID BIN MAHFOUZ AND NIMIR PETROLEUM: AN APOLOGY BY MICHAEL GRIFFFIN AND PLUTO PRESS

In the autumn of 2003, Michael Griffin wrote and Pluto Press published the second edition of a book entitled "Reaping the Whirlwind", in which it was wrongly alleged that Sheikh Khalid Bin Mahfouz was a supporter and funder of terrorism, Osama Bin Laden and Al Qa'ida and that he had transferred funds to support terrorist activities through the National Commercial Bank of Saudi Arabia. It was further wrongly suggested that the Saudi authorities discovered this funding after a secret audit of National Commercial Bank and then forcibly bought Sheikh Khalid's shares in National Commercial Bank, stripped him of his Saudi passport and confined him to a military hospital to punish him for these activities. It also wrongly alleged that Nimir Petroleum Limited is owned by a funder and supporter of Osama Bin Laden and Al Qa'ida and that it was a party to negotiating with the Taliban regime in connection with an oil pipeline to be built across Afghanistan.

Michael Griffin and Pluto Press accept that there is no truth whatsoever in any of these serious and highly defamatory allegations. Neither Sheikh Khalid nor Nimir Petroleum have any connection with Osama Bin Laden and have never supported terrorism or Al Qa'ida in any way. There was never any secret audit of National Commercial Bank which uncovered any transfers by Sheikh Khalid which supported terrorism. Michael Griffin and Pluto Press accept that Sheikh Khalid and his family abhor terrorism in every way and apologise to Sheikh Khalid Bin Mahfouz and Nimir Petroleum for the grave distress and embarrassment that they caused. They have agreed to pay substantial damages which Sheikh Khalid and Nimir are donating to charity, together with a contribution to their legal costs. [1]