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British-Canadian billionaire middleman in ‘corruption scheme’

Victor Phillip Dahdaleh, a British-Canadian billionaire honoured recently by York University with his name on a new health institute, is the mysterious middleman in a 20-year “corruption scheme” in which U.S. officials say he “enriched himself” with $400 million (U.S.) in mark-ups and paid tens of millions of dollars in bribes to Bahraini officials, a Toronto Star/CBC investigation has found. Until now, U.S. government court records only identified an anonymous figure named “Consultant A” as the “middleman” between Bahraini and U.S. alumina companies pocketing huge profits and paying bribes through a British Virgin Island-based shell company called Alumet Limited.

By: Robert Cribb
Read the full article in The Star.