Our board chairman, a citizen of Dubai, went to Temple University. Our Chief Executive Officer also a citizen of Dubai, is a graduate of the University of Arizona.
I do not have influence on the government of Dubai.
DP World will transfer fully the U.S. operations ... to a United States entity.
DP World has a long and rich history of supporting the global operations of the U.S. military.
I respectfully submit that DP World is a company that in good faith sought to comply with applicable US legal requirements, and having been told by the US government that we met those requirements, now finds itself in the position of being told that that was not good enough.
The reaction in the United States has occurred in no other country in the world. We need to understand the concerns of the people in the U.S. who are worried about this transaction and make sure that they are addressed to the benefit of all parties.
We hope that voluntarily agreeing to further scrutiny demonstrates our commitment to our long-standing relationship with the United States.
We couldn't afford for anything to go wrong.
At that time we have to mail out 6.8 billion dollars to the various shareholders.
We are not in a position now to stop this.
