In 1989, the Wall Street Journal reported that Richard Perle and Douglas Feith had set up a lobbying company called International Advisors Inc [IAI] to lobby for “appropriation of U.S. military and economic assistance’ to Turkey."” When news of the $600,000 per annum contract got too hot to handle, Perle and Feith folded IAI and helped establish the American Turkish Council (ATC) to accomplish the same goals, but with a more respectable veneer.
Now, nineteen years later, the Wall Street Journal is reporting that Richard Perle is “exploring going into the oil business in Iraq and Kazakhstan” with a “consortium founded by Turkish company AK Group International... Potential backers include two Turkish companies as well as Kazakhstan.”
Richard Perle issued a strange-sounding denial to the Wall Street Journal that he is involved with these latest oil projects, although he also issued a similarly "bizarre" denial to the 1989 WSJ article which reported on his consulting company IAI.
The WSJ continues: