Security firm’s Olympic windfall

UKPA – July 13, 2012

The firm at the centre of the Olympic security row saw its contract to manage civilian staff increase by more than £50 million over the past two years, it has been reported.

With just two weeks to go until the opening ceremony, the Government has drafted in an extra 3,500 military personnel to protect London 2012 venues after private company G4S admitted it might not be able to provide enough guards.

Former Army chief General Lord Dannatt issued a plea for spectators at the Games to show their appreciation to the troops, some of whom have recently served in Afghanistan and are facing possible job losses as the forces are cut back.

Lord Dannatt told BBC2’s Newsnight: “When you see those soldiers checking your bag, checking your ticket, remember they would have been on leave and just say thank you to them.”

Confidential papers obtained by the Daily Telegraph indicated that the fee charged by G4S for “programme management” rose dramatically as the number of staff required grew.

G4S was initially contracted by Games organiser Locog in 2010 to provide 2,000 security staff for £86 million, but that figure has since risen to 10,400 personnel in a contract now worth £284 million. The Daily Mail have since reported that the people employed will include A-level students.

The documents seen by the Telegraph suggested that the firm’s management fee rose over that time from £7.3 million to £60 million. Almost £34 million of the increase was for the G4S “programme management office” overseeing the security operation, compared to an increase of just £2.8 million in the firm’s recruitment spending.

There was no immediate response from G4S last night to a request for comment on the figures.


Comment – July 13, 2012

Of course, speculation about a pending false flag at the Olympic Games is just that: speculation. It is however, chilling reminiscent of Larry Silverstein’s profit mongering in the wake of 9/11.
Echoes of that pathological profiteering can be seen G4S.
Is it a coincidence that Larry Silverstein made such an obscene profit from the collapse of the World Trade Center or that the firm handling security for the London Olympics, G4S has such close ties to Israel?
Of course speculation about a false flag at the 2012 Olympics is only speculation but this is worth bearing in mind if it does occur.  

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