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Old 10-27-2005, 05:01 PM   #1
smack
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2,000 companies implicated for providing illegal kickbacks to Saddam Huessein.

http://news.independent.co.uk/world/...icle322856.ece


Quote:
More than 2,000 companies from around the world, including such names as DaimlerChrysler, Volvo Construction, Siemens and Weir Group plc, the Scottish engineering company, paid illicit kickbacks to Iraq allowing the regime of Saddam Hussein to sabotage the oil-for-food programme of the United Nations and pocket $1.8bn (£1bn) in illegal profits, it emerged yesterday.

A catalogue of companies implicated in the scandal was included in the final report into corruption in the $64bn humanitarian programme, released yesterday by Paul Volcker, a former chairman of the Federal Reserve. "Iraq's largest source of income from the programme came from kickbacks paid by companies it selected to receive contracts for humanitarian goods," the report said.
and the plot thickens.
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Old 10-27-2005, 05:01 PM   #2
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Are we surprised lol
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Old 10-27-2005, 05:02 PM   #3
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not surprised. more dissapointed at the scale of it.
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Old 10-27-2005, 05:04 PM   #4
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thats Amerikkka for you
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Old 10-27-2005, 06:42 PM   #5
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bump for exposure
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Old 10-27-2005, 06:43 PM   #6
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Quote:
Originally Posted by nofx
thats Amerikkka for you
The majority of the companies that paid kickbacks were FRENCH - go figure.
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Old 10-27-2005, 11:45 PM   #7
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Nothing new there. Didn't really come as a surprise.
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Old 10-28-2005, 01:07 PM   #8
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It's not really a surprise then..
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