Monday 24 August 2009

The Prince and the Kings in the new playground of the rich


To Home Base this morning to look at mirrors for living room, which is half way through being redecorated. How prosaic is that?

So let's move on swiftly to the rich, a much more fun subject, and follow up on the Lockerbie story I posted on yesterday - tho' now the coverage has moved on to the personalities involved.

So, more on the rich world playground which is in full swing in the Adriatic.
Above is the Hotel Splendid, Becici, the setting for the get- together of the Prince of Darkness and his pals, with further details supplied this morning by the Daily Mail.

"And what a small world it is. In March this year, Prince Andrew went to Montenegro to open the new British embassy there.

During the trip he took time out to be shown round the £500million Porto Montenegro marina which is being developed on the coast near Tivat.

Two of the main investors in the project are Mr Deripaska and his financial adviser Mr Rothschild. Indeed, the former's business interests make him the largest private employer in Montenegro.

Early last year, when he was still EU Trade Commissioner and not yet ennobled, Peter Mandelson announced that he had secured a bilateral agreement with the tiny Adriatic nation.

'Today's signature is an important milestone,' he declared at the time. Montenegro's progress toward becoming a reliable world trading partner had been ' remarkable'. Mr Deripaska must have been delighted.

It later emerged that during Lord Mandelson's tenure as commissioner, there had also been two cuts in EU aluminium import tariffs, which has benefitted Mr Deripaska's company Rusal - the EU's biggest importer of the raw metal - by tens of millions of pounds a year.

In June this year what was described as the most lavish celebration ever held in the Adriatic took place near the Tivat marina.

Saif Gaddafi had chosen the Splendid hotel in Becici as the location for his 37th birthday party. Among the guests, who flew in on a fleet of a dozen or more private jets, were Prince Albert of Monaco, Mr Deripaska and Mr Rothschild.


Saif is said to be interested in investing in Montenegro. Presumably he and Mr Deripaska had plenty to talk about - the Russian also controls the oil company Russneft and Libya is looking for foreign investors in the energy industry. Business and pleasure combined in one ostentatious display. "

In the comments, a writer asks an intriguing little question: All Bilderberg members . . . ?

You don't know what Bilderberg is? Watch and learn, reader.

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