Europe Picking Up on Oil For Food

[Annie]

http://www.timesonline.co.uk/article/0,,2089-1291280,00.html

Excerpt:

Saddam ‘bought UN allies’ with oil
Robert Winnett



A LEAKED report has exposed the extent of alleged corruption in the United Nations’ oil-for-food scheme in Iraq, identifying up to 200 individuals and companies that made profits running into hundreds of millions of pounds from it.
The report largely implicates France and Russia, whom Saddam Hussein targeted as he sought support on the UN Security Council before the Iraq war. Both countries were influential voices against UN-backed action.



A senior UN official responsible for the scheme is identified as a major beneficiary. The report, marked “highly confidential”, also finds that the private office of Vladimir Putin, the Russian president, profited from the cheap oil. Saddam’s regime awarded this oil during the run-up to the war when military action was being discussed at the UN.

The report was drawn up on behalf of the interim Iraqi government in preparation for a possible legal action against those who may have illicitly profited under Saddam. The Iraqis hired the London-based accountants KPMG and lawyers Freshfields to advise on future action.

It details a catalogue of alleged bribery and corruption perpetrated by Saddam under the UN programme, revealing how the regime lined its pockets and those of influential politicians, journalists and UN officials.

The UN oil-for-food scheme was set up in 1995 to allow Iraq to sell controlled amounts of oil to raise money for humanitarian supplies. However, the leaked report reveals Saddam systematically abused the scheme, using it to buy “political influence” throughout the world.

The former Iraqi regime was in effect free to “allocate” oil to whom it wished. Dozens of private individuals were given oil at knockdown prices. They were able to nominate recognised traders to buy the cheap oil from the Iraqi state oil firm and sell it for a personal profit.

The report says oil was given to key countries: “The regime gave priority to Russia, China and France. This was because they were permanent members of, and hence had the ability to influence decisions made by, the UN Security Council. The regime . . . allocated ‘private oil’ to individuals or political parties that sympathised in some way with the regime.”

The report also details how the regime benefited by arranging illegal “kickbacks” from oil sales...

 

[dilloduck]

http://www.timesonline.co.uk/article/0,,2089-1291280,00.html

Excerpt:

It seems as though the GOP would use the word " bribed " a lot more often.
Maybe Cheney can drive this point home as everyone dodged condeming the UN in the presidential debate.