Blair spikes Serious Fraud Squad investigation

I was listening to Tones on the radio during PMQ the other day, and it was only then I realised that the impersonators, such as the one that regularly appears on Radio 1 Breakfast With Chris Moyles (I believe it is Jon Culshaw).
His spin has the momentum of a runaway freight train. Unfortunately, the freight train has derailed in the last thirty six hours.

Tony has scuppered an investigation into BAE Systems' (the old British Aerospace) dealings with Saudi Arabia, with BAE ostensibly being involved in corrupt dealings. The British Government has decided not to proceed, on the grounds of "National Interest", a favourite thrown out all over the world. This can be applied to anything, especially takeovers of national incons, much like Peter Costello's pending decision relation to the sale of Qantas.

But this national interest escape clause, and the implicit recognition of the poor news to come out of it, has all the makings of an out of court settlement. Drop the probe and keep the contract (to supply arms).