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Posted: 10/3/2004 11:56:10 AM EDT
The media finally admits what most of us have known for YEARS....

France, Russia Implicated in UN Oil Scam
From The Times :

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.
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 is an interim analysis and therefore studies only a sample of oil contracts.

The other main allegations included in the report are that:

Benon Sevan, director of the UN oil-for-food programme, received 9.3m barrels of oil from the regime which he is estimated to have sold for a profit of £670,000. Sevan has always denied any improper conduct.
A former senior aide to Putin allegedly organised the sale of almost 4m barrels of oil at a profit of more than £330,000. At the time the oil was sold, Russia was blocking the UN from supporting America’s demands to attack Iraq. According to the report, the aide, who worked in the presidential office, received 3.9m barrels of oil between May and December 2002.
In the two months during the run-up to the war, the Iraqi regime illegally sold about £30m of oil to a Jordanian-based company with the money deposited in a Jordanian bank account established by the regime. This is suspected to have been an attempt to secure safe passage for Saddam’s family in the event of war.
A French oil company teamed up with the regime to bribe a UN-appointed inspector monitoring exports of Iraqi oil. The inspector, a Portuguese national working for Saybolt, a Dutch firm, was paid a total of £58,000 in cash to forge export documents.
The French firm is linked to a close associate of Jacques Chirac, the country’s president. A spokesman for Saybolt said it would be investigating the allegations.
Link Posted: 10/3/2004 11:59:02 AM EDT
Wow, I guess I would try to keep the US out of Iraq if I was making money this way too.
Link Posted: 10/3/2004 12:12:33 PM EDT
Kerry wants these guys to be our 'global test' judges for international morality.

Link Posted: 10/3/2004 12:17:35 PM EDT

Originally Posted By _Ugly_:
Kerry wants these guys to be our 'global test' judges for international morality.

Yeah, you like that? What a friggin joke Kerry is. Yet, there are the sheeple that are gonna pull that lever for him. Sad aint it?
Link Posted: 10/3/2004 12:22:08 PM EDT
I'm sure the dims will start screaming that it's impossible for Halliburton not to have been involved....
Link Posted: 10/3/2004 12:28:54 PM EDT
well, you have Kerry cheating at the debates, His promise of bringing more allies shot down, whilst his accusations of not getting enough global support annihilated by the implication of France and Russia in the OFF scandal. Kerry's ship is sinking fast.
Link Posted: 10/3/2004 12:30:14 PM EDT
Uh...tell us somthing we don't know...
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