Firms in Iraq's Oil-for-Food Program Revealed
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UNITED NATIONS, Oct. 22 -- A U.N.-appointed investigator probing corruption in the world body's oil-for-food program in Iraq published today a list of all 4,734 companies that traded with Saddam Hussein's government through the arrangement. The 300-page list provides the most comprehensive public account to date of Iraq's business dealings under the former program, under which Iraq was allowed to sell oil to purchase humanitarian supplies.
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Our position is: United Nations must be more open about mistakes made in oil-for-food scandal. When the United Nations in 1996 began allowing Iraq to sell oil to raise money to buy food and medicine, the program
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A House of Representatives&#39; subcommittee investigating Iraq&#39;s oil-for-food program expanded its probe to the administration Tuesday, agreeing to subpoena documents on the
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New York (AsiaNews/Agencies) - Like an oil slick in the sea, the scandal related to the Oil-for-food (OFF) programme is getting bigger and bigger.
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The United States said it was releasing documents to the independent panel probing the United Nations' scandal-plagued Iraq oil-for-food program, after the inquiry's chief complained about Washington's cooperation.
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Tareq Aziz, deputy prime minister under  Saddam Hussein, denies Iraq exploited the scandal-hit U.N.  oil-for-food program to make billions of dollars, his defense  lawyer said on Friday.
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After creating difficulties last month, Russia is now cooperating with the independent investigation into alleged corruption in the multibillion-dollar U.N. oil-for-food program in Iraq, a spokesman for the investigation said Friday.
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Vivid allegations of widespread corruption at the U.N. oil-for-food program by the top U.S. arms inspector have added credibility to accusations the United Nations looked the other way while Saddam Hussein's government skimmed billions of dollars and offered kickbacks to European and Arab countries and officials.
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As investigators continued their probe into the scandal-tainted U.N. oil-for-food program in Iraq, the Associated Press learned on Sunday that at least two Swiss trading companies paid kickbacks to secure contracts to buy oil from Saddam Hussein.
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Iraq's most important moneymaker &#151; its oil industry &#151; lost $16 billion in two years to insurgent attacks, criminals and bad equipment, a secret U.S. audit says.
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Iraq's government submits a key bill on how to share the country's oil wealth to parliament, officials say.
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Iraq is producing an average of 2.5 million barrels of oil a day, its highest level since the war began in 2003, an oil ministry spokesman said Wednesday.
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CALGARY, Alberta  - Iraq's oil ministry has called  for new bids to develop an oil field in the war-torn country,  blindsiding the Canadian company that appeared to have won the  contract, a top executive with the firm said on Friday.
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An Australian inquiry clears the government of bribing Iraqi officials for contracts under the UN oil-for-food scheme.
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Iraq plans to spend $800m to the end of 2006 on importing oil to prevent a fuel shortage, says the oil ministry.
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The difficulty of finding out who paid kickbacks in the UN oil-for-food program is illustrated by two Liechtenstein-based firms, Alcon Petroleum and Fenar Petroleum.
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The UN oil-for-food programme in Saddam Hussein's Iraq was "tainted", an inquiry report will say.