| BUSH FAMILY CONNECTIONS: FRESH DEL MONTE |
Another suspect deal, another Bush brother in the mix By Robert Trigaux, Times Business Columnist St. Petersburg Times, published January 3, 2003 Brother Marvin Gets His Share of the Take January 5, 2003 The most recent incident to surface involves brother Marvin Bush, who recently resigned from his director's seat on the board of Fresh Del Monte Produce Inc., a Florida company spun off from Del Monte. He resigned "for personal reasons," though his term was supposed to go until 2005. The personal reasons may have something to do with a $60-million lawsuit filed by former investors in Fresh Del Monte "accusing majority shareholders IAT Group and Palestinian chairman Mohammad Abu-Ghazaleh of paying bribes to buy the banana and pineapple produce company in 1996 at a ridiculously low price." "Influence and bailouts a business tradition in Bush family" by Robert Trigaux, St. Petersberg Times, October 29 2000 "Lawsuit Says Del Monte Sale Was Rigged" by Anthony Depalma with Diana B. Henriques, December 19 2002 |
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