Volvo and , paid $1.8 billion kickbacks and illicit surcharges to Saddam Hussein's government, a U.N.-backed investigation said in a report released Thursday." /> Oil-for-Food Fraud was Rampant | Balanced News Blog

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Oil-for-Food Fraud was Rampant

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by admin | October 27, 2005 at 1:49 pm UTC

About half of the 4,500 companies in the U.N. oil-for-food program, including and , paid $1.8 billion kickbacks and illicit surcharges to Saddam Hussein‘s government, a U.N.-backed investigation said in a report released Thursday.

The report alleged that Jean-Bernard Merrimee, France’s former U.N. ambassador, received $165,725 in commissions from oil allocations awarded to him by the Iraqi regime. He is now under investigation by the French authorities.

“While serving as a special adviser to the secretary general of the UN, with the rank of undersec general, Jean-Bernard Merrimee began receiving oil allocations that would ultimately total approximately six million barrels from the government of Iraq,” the report said.

Source: MSNBC.

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