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Tony Blair Lobbied Chinese Government For Saudi Oil Company

Tony Blair helped a Saudi Arabian-owned oil company lobby the Chinese government during his time as Middle East peace envoy Documents have revealed that during his time the former British prime minister helped an oil company, owned by a Saudi prince, lobby Chinese leaders in exchange for £41,000 a month and a 2 percent commission on any contracts he helped secure. Blair courted Chinese leaders on behalf of Saudi prince Turki bin Abdullah, who agreed to the hefty fees the former Labour leader charged to act as a go-between. The Guardian reports: A series of documents, seen by the Guardian, show how Blair courted some of the most influential Chinese political leaders in 2010 and then introduced them to the Saudi-owned company he worked with, PetroSaudi. The company was not allowed to divulge his role without permission, according to the contract. The emails suggest PetroSaudi was told of fears that the City regulator was targeting Blair over concerns he was not just opening doors but arranging and advising on deals for investors – a regulated corporate function that he is not authorised to conduct. Blair began lobbying for PetroSaudi, a London-based company co-owned by Prince Turki bin Abdullah – the [...]