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Victor Dahdaleh: A Huge Fortune, Famous Friends, And Philanthropy

Alcoa’s former agent Victor Dahdaleh, arrested this week in London, seen here with former U.S. President Bill Clinton. Photo courtesy of the National Post‘Victor Dahdaleh, a billionaire Canadian businessman and philanthropist has dined with the Queen and played host to a U.S. President and British Prime Minister, but his arrest in Britain on bribery and corruption charges has brought attention of a different sort.’

— From ‘Canadian billionaire Victor Dahdaleh faces bribery charges in Britain,’ by Adrian Humphreys in the National Post, October 26, 2011 here.

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‘Victor Phillip Michael Dahdaleh is owner and chairman of Dadco and affiliated companies. Dadco Group is a privately-owned investment, manufacturing and trading group. Its founding company was established in 1915. Dadco has operations and investments in Europe, North America, the Middle East, Africa and Australia. . . .

‘Victor Dahdaleh is president of the Canada-United Kingdom Chamber of Commerce. He is a Board Trustee of the William J Clinton Presidential Foundation, and a trustee of the McGill University Trust, Canada. He is a Board member of the International Aluminium Institute (IAI). He is a fellow of the Duke of Edinburgh Award World Fellowship.

‘The Victor Phillip Dahdaleh Charitable Foundation grants scholarships to needy students at several universities. It supports a range of causes including the Heart and Lung Foundation at Imperial College, London, Cancer Research and other types of medical research. The Foundation has also contributed to a wide range of other causes such as the economic and social development of poorer countries.’

— From victordahdaleh.com

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‘October 24, 2011

‘LONDON – Victor Dahdaleh today interrupted his busy scheduled business commitments to voluntarily attend an appointment at Bishopsgate police station.  In accordance with agreed arrangements, he attended to face charges of bribery and offences under the Proceeds of Crime Act 2002.

‘A spokesman for Allen & Overy, Mr Dahdaleh’s lawyers said: “Mr Dahdaleh believes the investigation into his affairs was flawed and that he has done absolutely nothing wrong. He will be vigorously contesting these charges at every stage, confident in clearing his good name.”

‘Mr Dahdaleh was released on police bail.’

— From victordahdaleh.com

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