Just Foreign Policy Iraqi Death Estimator    

Saturday, December 23, 2006

Iraqi $200m suit over UN 'oil-for-food'

Going to be interesting to see if the other 2200 Companies are going to have lawsuits filed against them?

In October 2005, a U.N.-backed investigation said in a report that about 2,200 companies in the oil-for-food program, including corporations in the United States, France, Germany and Russia, paid a total of $1.8 billion in kickbacks and illicit surcharges to Saddam Hussein's government.

By LARRY NEUMEISTER Associated Press Writer

NEW YORK (AP) -- Iraqi citizens filed a $200 million lawsuit Friday against a prominent European bank and an Australian wheat exporter, saying they were cheated out of humanitarian goods when the companies permitted the U.N. oil-for-food program to be corrupted.

The lawsuit, brought by seven Iraqi individuals seeking class-action status on behalf of northern Iraqis, said the bank, BNP Paribas, and AWB Limited, the largest humanitarian goods provider under the oil-for-food program, cheated the citizens of Iraq from June 10, 1999, to June 3, 2003.

The suit, in U.S. District Court in Manhattan, seeks at least $200 million in damages under the federal Racketeer Influenced and Corrupt Organizations Act, the Foreign Corrupt Practices Act and the International Emergency Economic Powers Act.

According to the lawsuit, residents of the Irbil, Dokuk and Sulaimaniyah areas of Iraq claimed they did not receive the full benefits to which they were entitled. >>>cont

LinkHere

The Oil-For-Food 'Scandal' is a Cynical Smokescreen

Bush Allowed Saddam To Circumvent And Profit Illegally From Oil-for-Food Program

The Quiet Oil-for-Food Scandal

By Joshua Holland, AlterNet. Posted November 4, 2005.
We aren't going to hear much about the corporations that paid bribes in the Oil-for-Food scandal because Bush's family, friends and closest advisors are in it knee-deep, along with some Democrats.

0 Comments:

Post a Comment

<< Home

free hit counter