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French Russian UN Oil Scam with Saddam Revealed

Discussion in 'Legal' started by JoeSF, Apr 18, 2004.

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  1. JoeSF

    JoeSF Member

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    French Russian UN Oil Scam with Sadaam Revealed

    "Here's how the scam allegedly worked: Saddam sold oil to his friends and
    allies around the world at deep discounts. The buyers resold the oil at huge
    profits. Saddam then got kickbacks of 10 percent from both the oil traders
    and the suppliers of humanitarian goods. Iraqi bean counters, fortunately,
    kept meticulous records."

    "Coincidence. If you wondered why the French were so hostile to America's
    approach to Iraq and even opposed to ending the sanctions after the 1991
    Gulf War, here's one possible explanation: French oil traders got 165
    million barrels of Iraqi crude at cut-rate prices. The CEO of one French
    company, SOCO International, got vouchers for 36 million barrels of Iraqi
    oil. Was it just a coincidence that the man is a close political and
    financial supporter of President Jacques Chirac? Or that a former minister
    of the interior, Charles Pasqua, allegedly received 12 million barrels from
    Baghdad? Or that a former French ambassador to the U.N., Jean-Bernard
    Merimee, received an allocation of 11 million barrels? Perhaps it was just
    happenstance, too, that a French bank with close ties to then French
    President François Mitterrand and one of the bank's big shareholders who is
    close to Saddam became the main conduit for the bulk of the $67 billion in
    proceeds from the oil-for-food program. All told, 42 French companies and
    individuals got a piece of this lucrative trade. No matter how cynical you
    may be, it's sometimes just plain hard to keep up with the French."

    "But they're not alone. Russians received more than 2.5 billion barrels of
    the cut-rate crude. Some 1.4 billion barrels went to the Russian state. Not
    to be left out of the feeding frenzy, even the U.N. got in on the action. It
    received administrative fees of about $2 billion for the program, which may
    be fair, but the senior U.N. official in charge of the program, Benon Sevan,
    is reported to have received 11.5 million barrels himself. Cotecna, a
    Swiss-based firm hired by the U.N. to monitor the import of the food and
    medicine to Iraq, hired Kojo Annan, the son of U.N. Secretary General Kofi
    Annan, as a consultant during the period when the company was assembling and
    submitting bids for the oil-for-food program."

    Read the whole thing.

    http://www.usnews.com/usnews/issue/040426/opinion/26edit.htm
     
  2. El Tejon

    El Tejon Member

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    You mean the Euros opposition to the war was all about the money?:uhoh: :eek:

    Of course, you read that here on THR long before the War of Continuation in Iraq.:D

    THR on the cutting edge of world events and bear/puma control.
     
  3. rich2u

    rich2u Member

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    No no no no no. This is all wrong! Everyone knows Bush went into Iraq for the oil, he's gotta pay off his buddys somehow. Oh wait sorry thats Chirac:cuss: :fire:
     
  4. BigG

    BigG Member

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    All about the Benjamins

    So much for the self righteous French. :uhoh: :barf:
     
  5. Baba Louie

    Baba Louie Member

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    More dog and pony show coming up. UN Resolution to investigate scheduled today 4-21. Heard on news, things like "tip of the iceberg", Kofi and family... seems like the whole world was in on it. Question is, did Iraq get the food and distribute it to those who needed it? Politicians are always after easy money, but did they actually deliver food for their oil vouchers?

    http://www.foxnews.com/story/0,2933,117723,00.html

     
  6. Lennyjoe

    Lennyjoe Member

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    I'm not at all suprised.
     
  7. rich2u

    rich2u Member

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    Its been reported that much of the supplys that were purchased were unusable. The food was spoiled , medicines way out of date etc.

    Yep good old UN:cuss: they represent the future of the globe:banghead:
     
  8. longrifleman

    longrifleman Member

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    Why did you expect anything different? The UN has been corrupt from day one. Some of their smaller agencies do some good but mostly they are a blight wherever they go.

    Kickbacks are business as usual in that part of the world (maybe everywhere). Saddam wanted his people to suffer under the embargo to keep up hatred for the west. If he cared about his people he wouldn't have been a dictator. Duh

    All parties to this abomination, except the common people, were making out like bandits, so why would they want a resolution to the embargo and a true peace treaty. (bad pun intended)
     
  9. PATH

    PATH Member

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    More proof that the French and the UN are not so upstanding as they would like folks to think!
     
  10. Leatherneck

    Leatherneck Member

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    Did the Ketchup King get any of it? Seems like everybody else was pigging out...:D

    TC
    TFL Survivor
     
  11. Baba Louie

    Baba Louie Member

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    If the Iraqi's can smuggle oil right under the noses of UN inspectors, who's to say they couldn't smuggle WM... no, don't go there Baba. THERE NEVER WERE ANY of those. UN Inspectors told us so.
    I know that GWB must be upset because Halliburton and the Greater Texas Oil Cartel (wasn't that from the TV show Dallas?) didn't get their fair share, so he laid plans down in front of Prince Bandar before he told Powell, Donnie told the Prince "you can take it to the bank" and... (singing voice) that's what it's all about. you put yer right foot in...

    They ALL suck! (Politico types) Some just suck less than others. Even here in Las Vegas the local County/City Commissioners are being taken down by the FBI over outright votes for money, Mayor Goodman is under State Ethics investigation, we have State Supreme Court Justices who rule constitutional things ain't constitutional (supermajority vote on taxes)... shaking head... Jim March's expose on Diebold...

    Remember Bill Cosby's old Noah and the Ark routine? "NOAH, HOW LONG CAN YOU TREAD WATER?" Sounds like it's about time to flush the worldtoilet once again.

    I apologize for my cynicism showing thru just a little this morning. I need to go bust some clay pigeons. :D
    Always cheers me up. Even when I miss.
     
  12. JohnBT

    JohnBT Member

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    I'm shocked. ;)

    JT
     
  13. TaurusCIA

    TaurusCIA Member

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    That's impossible. The U.N. Secretary General's son "Kojo Annan" was a consultant with the company that monitored the food. He would not have let that happen. :eek:

    Sorry...you must be wrong. ;)
     
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