Spicer’s millions

Today’s Sunday Times confirms that Tim Spicer has been raking it in over in Iraq. Interestingly, there’s no mention of any outcome of the investigation into whether Aegis personnel were involved in making the trophy videos which sparked an outcry in December.

THE private security company run by Tim Spicer, the former Guards officer at the centre of an arms-running controversy in the 1990s, is to announce financial results that put it among the big winners of the Iraq war.

Aegis Defence Services has seen turnover rise more than 100-fold in three years thanks to contracts for overseeing the safety of thousands of civilian contractors working in Iraq on behalf of the Pentagon.

According to Spicer, Aegis’s chief executive, turnover last year was £62m, of which three-quarters came from work in Iraq. The official figures will be posted at Companies House shortly. (Sunday Times)






2 responses to “Spicer’s millions”

  1. Spooky Pete avatar

    Glad to see Mr Spicer has become respectable.

  2. Tom Griffin avatar

    Quite a turnaround, isn’t it? It’s going to be interesting to see what he gets up to now that the Baghdad bubble is deflating.

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