LETTER (SANITIZED) FROM RICHARD L. DAERR, JR.

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP89-00244R000200260011-5
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 5
• Document Creation Date: December 22, 2016
• Document Release Date: June 27, 2008
• Sequence Number: 11
• Publication Date: May 14, 1982
• Content Type: LETTER

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ILLEGIB
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 Approved For Release 2008/06/27: CIA-RDP89-002448000200260011-5 N0.
Richard L Daerr, Jr.
Vice President
General Counsel
14 MAY 1982
L&PLD/OGC
Central Intelligence Agency
Washington, D.C. 20505
1100 Warn BuAin,_
Suite 500
Houston. Tex -7.'-
Tel [phone] Tel, < ?, 3e
via Federal Express
Re: CIA Headquarters Facilities, Langley, Virginia
This letter will confirm the opinion I expressed in our telephone
conversation today that the award or the potential award of the above
project to the CRS/Sirrine Joint Venture would not be considered a
"material" event for S.E.C. purposes and thus would not trigger any
disclosure or reporting requirements under Federal Securities laws.
Further, any information relating to any potential government contract is
held highly confidential within the CRS organization.
Interedec (USA), inc., a U.S. company indirectly held by Dr. Ghaith R.
Pharaon, a Saudi Arabian national, currently holds approximately 16.91%
(449,622 shares) of the issued and outstanding shares, including treasury
stork, of The CRS Group, Inc. ("CRS"). Interedec shares are held for
investment purposes only and Interedec does not and cannot exercise any
control over CRS nor may Interedec elect a representive to the CRS Group
Board of Directors. The CRS Group, Inc. Bylaws do not permit cummulative
voting. As I mentioned, CRS has a Department of Defense SECRET Facility
Security Clearance. In addition, ten CRS officers, directors and
executive personnel have individual SECRET Security Clearances. Any CRS
officer or director that does not have a Security Clearance is prevented
by Board Resolution from access to classified information. I am
enclosing the following documents for your consideration:
1. The CRS Group, Inc. Bylaws;
2. February 16, 1982 SECRET Facility Security Clearance;
3. June 17, 1981 Department of Defense Security Agreement;
4. Listing of CRS officers, directors and executive personnel with
individual SECRET Facility Security Clearances; and
5. Department of Defense Certificate Pertaining to Foreign Interests.
If you I*e any additional quest~ please give me a call.
STAT
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 I 1 IL l,1 1 ) of luuf-, II V V.
A Approved For Release 2008/06/27: CIA-RDP89-00244R000200260011-5
Richard L Daerr, Jr.
Vice President
General Counsel
1100 I 'Adam buitoma
Sute 500
Houston, Tex
Tel [phone] Tel, c y
via Federal Express
140
STAT
L & PLD OGC
Central Intelligence Agency
Washington, D.C. 20505
Re: CIA Headquarters Facilities, Langley, Virginia
Dear Jim:
This letter will confirm the opinion I expressed in our telephone
conversation today that the award or the potential award of the above
project to the CRS/Sirrine Joint Venture would not be considered a
"material" event for S.E.C. purposes and thus would not trigger any
disclosure or reporting requirements under Federal Securities laws.
Further, any information relating to any potential government contract is
held highly confidential within the CRS organization.
Interedec (USA), Inc., a U.S. company indirectly held by Dr. Ghaith R.
Pharaon, a Saudi Arabian national, currently holds approximately 16.91%
(449,622 shares) of the issued and outstanding shares, including treasury
stock, of The CRS Group, Inc. ("CRS"). Interedec shares are held for
investment purposes only and Interedec does not and cannot exercise any
control over CR.S nor may Interedec elect a representive to the CRS Group
Board of Directors. The CRS Group, Inc. Bylaws do not permit currJllulative
voting. As I mentioned, CRS has a Department of Defense SECRET Facility
Security Clearance. In addition, ten CPS officers, directors and
executive personnel have individual SECRET Security Clearances. Any CRS
officer or director that does not have a Security Clearance is prevented
by Board Resolution from access to classified infonitation. I am
enclosing the following documents for your consideration:
1. The CRS Group, Inc. Bylaws;
2. February 16, 1982 SECRET Facility Security Clearance;
3. June 17, 1981 Department of Defense Security Agreement;
4. Listing of CPS officers, directors and executive personnel with
individual SECRET Facility Security Clearances; and
5. Department of Defense Certificate Pertaining to Foreign Interests.
ve any additional questjo please give me a call.
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