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| Post Number: 61
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jimhanson 
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Mar. 15 2004,9:04 am |
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From the London Daily Telegraph| Quote | | UN caves in on inquiry into its Iraq oil-for-food 'scandal' |
Documents captured in December implicate Saddam, Middle East bankers, U.N. incompetence and corruption, and a worldwide bribery scandal. Saddam pocketed about 2.2 Billion Pounds (about $4 Billion U.S.) from the scheme | Quote | KPMG accountants and the Freshfields law firm have been instructed to investigate a list of irregularities including:
UN approval of oil contracts to "non-end users" - middlemen who sold their stake on for a profit.
A standard 10 per cent addition to the value of oil invoices, which generated up to £2.2 billion in illegal cash funds for Saddam.
A fee of two per cent, levied on all oil-for-food transactions to allow the UN to inspect all food and medical imports - which does not appear to have been effectively spent since food was rotten and medicines out of date.
The role of Middle Eastern banks, their auditing and their possible suspected connection to Saddam's secret service. |
Full text: http://www.telegraph.co.uk/news....q14.xml
Perhaps noted Hollywood lefty Michael Moore was unintentionally right when he said "it's all about oil"--but not U.S. use of that oil, U.N. use of the oil! The U.N. can't even hand out free food anymore--and the Hollywood "elite" types are so naive as to think that this "organization"  (sarcasm) should take a leading role in world affairs? 
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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| Post Number: 62
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MrTarzan
Group: Members
Posts: 564
Joined: Feb. 2004
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Posted on: Mar. 15 2004,7:31 pm |
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So how come we don't hear about Russia and Frances bribe taking from Saddam? The documents have been released, we know it happened, (which explains the vetos) but no one seems to care. What is up with that?
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Be not simply good, be good for something-Henry David Thoreau
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