Dubai Company Still Controlling 22 American Ports...

CNN | Posted June 19, 2006 10:48 PM

DOBBS:...It's been more than three months since Dubai Ports World agreed to sell its port operations at 22 U.S. ports. But as of today, all 22 of these terminal facilities remained under the control of Dubai Ports and the government of Dubai. You thought we weren't watching, didn't you? Bill Tucker reports

(BEGIN VIDEOTAPE)

BILL TUCKER, CNN CORRESPONDENT (voice-over): The bottom line of the Dubai Ports World deal is pretty easy to understand.

JOE MULDOON, FULLER & COMPANY: Since March 6th, Dubai Ports World has owned and controlled operations in 22 U.S. ports and that Congress now has dropped the provision that would prohibit their approvals....