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Saddam’s Gifts
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| Contributor | Eddie |
| Last Edited | Eddie Jan 29, 2004 08:38pm |
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| Category | News |
| News Date | Thursday, January 29, 2004 06:00:00 AM UTC0:0 |
| Description | Document: Saddam Supporters Received Lucrative Oil Contracts
ABCNEWS has obtained an extraordinary list that contains the names of prominent people around the world who supported Saddam Hussein's regime and were given oil contracts as a result.
All of the contracts were awarded from late 1997 until the U.S.-led war in March 2003. They were conducted under the aegis of the United Nations' oil-for-food program, which was designed to allow Iraq to sell oil in exchange for humanitarian goods.
Today, the U.S.Treasury Department said that any American citizens found to be illegally involved could face prosecution.
George Galloway, a British member of Parliament, was also on the list to receive 19 million barrels of oil, a $90.5 million profit. A vocal critic of the Iraq war, Galloway denied any involvement to ABCNEWS earlier this year.
According to the document, France was the second-largest beneficiary, with tens of millions of barrels awarded to Patrick Maugein, a close political associate and financial backer of French President Jacques Chirac.
Another 1 million barrels were contracted to the Russian ambassador to Baghdad, 137 million barrels of oil were given to the Russian Communist Party, and 5 million barrels were contracted to the Russian Orthodox Church. |
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