PORT DECISION STIRS POT!

The Port Takeover
Becomes Even More Cynical

Are we any safer now?

John Snow, the Secretary of the Treasurer, who claims he had no knowledge of the takeover of the six ports by the Dubai Group, it turns out was an ex-employee of DSX, another company in port management that was taken over by the Dubai management group.

As it turns out, the Secretary stands to earn about $25 million or so in deferred earnings from the Port takeover. In view of this information leaking out, is it likely that the Secretary was true to his claim that he knew nothing about the Dubai group’s takeover of six of the country’s most important ports?

I’ll leave that for you to decide…

Les Aaron
The Armchair Curmudgeon