UN OIL FOR FOOD REPORT – OIL COMPANIES NAMED

BY KEITH NUTHALLTHE INDEPENDENT Inquiry Committee into financial irregularities bedevilling the UN Iraq Oil for Food Programme has published details of illicit surcharges demanded of oil companies by the Saddam regime to participate in the scheme. Its investigators show how, for instance, from September 2000 to August 2002, US$228.8 million in illegal surcharges were demanded from oil exporters and which were paid to Iraqi controlled bank accounts in Jordan or Lebanon, and to Iraqi embassies. For further details - see ...


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