Oil-for-Food Money Could be Traced to Clintons

[Bonnie]

In the final report of the Independent Inquiry Committee into the United Nations Oil-for-Food Program issued by Paul Volcker (available at their website), an American name turns up that some may remember from the Clinton years. That name is Marc Rich.

The report states that Marc Rich & Company financed 4 million barrels of oil out of 9.5 million that had been allotted to a French businessman by the Government of Iraq. The report went on to say that Marc Rich & Company directed Banque Nationale de Paris (BNP Paris) "not to disclose its identity to BNP New York in connection with its financing of the United Nations contract."

A.J. DiCintio of MichNews.com writes that "Marc Rich was one of the Justice Department's most wanted fugitives, indicted for tax evasion and illegal oil deals with Iran," until Clinton pardoned him in 2001. Rich's ex-wife Denise allegedly "facilitated" Rich's pardon by donating nearly $1 million to Democratic causes, including $70,000 to Hillary Clinton's Senate campaign and $450,000 to the Clinton Presidential library fund.

It is conceivable that some of the money that was used to obtain Rich's pardon came from Rich's illicit connection to the U.N.'s Oil-for-Food program. To learn more about Judicial Watch's effort to obtain Clinton's pardon documents, click here.

http://www.judicialwatch.org/corrchron/archives/2005/11/oil-for-food_mo.html

 

[Annie]

http://www.judicialwatch.org/corrchron/archives/2005/11/oil-for-food_mo.html

The 1 comment is precious:

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And Rich's attorney in the 1990s? None other than recently indicted Cheney second-in-command Scooter Libby.

Rich isn't ours (Dems) or yours (presumably Repubs) he is, unfortunately, ours (although he did renounce his citizenship, so maybe we can foist him off on the Swiss).

Posted by: Joshua Holland at November 3, 2005 05:40 PM
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[Bonnie]

The 1 comment is precious:

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And Rich's attorney in the 1990s? None other than recently indicted Cheney second-in-command Scooter Libby.

Rich isn't ours (Dems) or yours (presumably Repubs) he is, unfortunately, ours (although he did renounce his citizenship, so maybe we can foist him off on the Swiss).

Posted by: Joshua Holland at November 3, 2005 05:40 PM
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Politics does make for strange bed mates

 

[Annie]

Politics does make for strange bed mates

As I said to Cabernet earlier, politicos take care of their own. Regardless of party. It's wrong, but a fact.