Monday, December 9, 2013

Finally, it all makes sense… Sort of. (speculation, truth and fiction on the subject of the HLG affair in the ME)

My latest theory is this: In spite of all my previous predictions, (including yesterday’s post)  Mr Habtoor will walk away from HLG scratch free and leave the tab for Mr Sadik to pick up as the company called HLG turns into custard in the very near future.

And (probably) rightly so.
After all, wasn’t Mr Sadik the naughty boy that conspired with the Leighton-brothers and got out on his own, unchecked, unapproved?
By disregarding old alliances he went into sabotaging the parent company, in spite of the’ whole ball of wax’ Mr Habtoor had done for him over their long association as business partners!

Mr Habtoor gave him everything that a talented and hardworking, yet displaced and disadvantaged Palestinian young engineer could hope for.
A piece of a sweet pie, a citizenship to a country few of his type can hope for, money, luxury, fame.
A business outside of the reach of the jittery construction market, a bite at the hospitality industry, his own hotel.
He even let Mr Sadik be the chairman of the newly formed alliance with the greedy Australians once HLG was born, the only condition was to have his younger boy in the board too, as an apprentice to learn the trade.
The boy needed some hands-on experience beyond collecting and driving expensive cars, this was not a lot to ask for and could have also been easily the ticket back to Mr Habtoor’s heart, had Mr Sadik recognised so and genuinely undertook to mentor the young chap.

Unfortunately, and at the cost of the long lasting friendship of Mr Sadik and the Habtoor chief, the future that the Savage-lead, ‘quasi Leighton team’ had waived before Mr Sadik’s eyes was too hard to ignore, let alone resists, full of glitter, status, privileges and class.
Directorships at various international companies, people that truly needed him for once, and  no-more, around the clock checking of dusty construction sites, cheap coffees, paper cups and needy Pilipino draftsmen and women to tend to.
He got dazzled by it all, enjoyed the bliss. And paid the price. Or will so, in the future.

Far away minefields of diamonds and gold were calling while local construction sites went for months unchecked, down the tube of disastrous delays, defects and cost overruns.
Arrogant, negligent and incompetent Leighton staff led the disenfranchised Pilipino drafting army.

It could have been easily assumed, that Mr Habtoor knew what the end chapter of this fairy-tale was going to be all along – alternatively maybe, he made it up as the story was unfolding and let his once-friend walk in the trap he dug himself.
Regardless of the preambles, the results were similar and brutal:

These days, Mr Habtoor is all but ready to jump ship, abandon the construction-arm of his multiple mega-businesses, once a fundamental part of success, now a shrivelled body part – not-good for anything, something to kick aside with petty – leave to Mr Sadik to salvage – or sink with it.
Either way Mr Habtoor will not be around to see the final chapter.

Too much other stuff to do.

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