Quotes from their summary:
“Today’s report reveals new and extensive evidence that corroborates Committee whistle-blowers and exposes how corporate and foreign interests are using their unique access to advocate for the transfer of U.S. nuclear technology to Saudi Arabia,” said Rep. Elijah Cummings, the Maryland Democrat who chairs the committee.
The investigation focuses on company called IP3 International, which is run by a group of retired American generals, and their years-long effort to promote a plan to sell dozens of nuclear power plants to Saudi Arabia and other Gulf countries. The company has been aided in its efforts by two well-known Trump advisers: Flynn and Barrack, a California investment executive who has deep ties in the Middle East.
Barrack promoted the effort as part of what he called a “Middle East Marshall Plan” despite concerns from some White House officials and lawmakers that Saudi Arabia’s true goal was to obtain technology for nuclear weapons, which could heighten tensions in the unstable region.
The efforts continued until recently. Secretary of Energy Rick Perry made several trips to Saudi Arabia apparently related to this “plan.”
I put “plan” in quotes because what I’ve seen of IP3 International and its predecessor companies suggests that their plan was something like
- Sell nuclear reactors to Saudi Arabia and other Middle Eastern countries
- Sell security personnel to guard the reactors
- Peace in the Middle East and PROFIT!
One of the earlier plans was to facilitate selling Russian reactors to Middle Eastern countries. That was quickly switched out, perhaps when someone pointed out that it was poor form under “America First” not to be selling American reactors. No more than one or two of the board members of these companies have any experience at all with commercial nuclear power and the restrictions on selling it.
I haven’t read the report yet, but from what I’m seeing, I think my take is a bit different. I think the whole thing is some sort of grift, although I can’t figure out exactly how it works. A colleague says he saw a very similar “plan” back in the George W. Bush administration.