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Oil for Food Scandal!! Oil for Food Scandal!!

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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-08-07 01:20 PM
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Oil for Food Scandal!! Oil for Food Scandal!!
Atrios spies something stirring in the right's favorite answer to the Plame outing:


http://feeds.feedburner.com/~r/blogspot/bRuz/~3/115097964/2007_05_06_archive.html

It's almost a forgotten chapter of blog wingnuttia, that oil for food scandal which was going to take down every politician in the world that the wingnuts didn't like, or something. It was never quite clear. Anyway, maybe it'll get one after all.


Chevron, the second-largest American oil company, is preparing to acknowledge that it should have known kickbacks were being paid to Saddam Hussein on oil it bought from Iraq as part of a defunct United Nations program, according to investigators.

The admission is part of a settlement being negotiated with United States prosecutors and includes fines totaling $25 million to $30 million, according to the investigators, who declined to be identified because the settlement was not yet public.

...

According to the Volcker report, surcharges on Iraqi oil exports were introduced in August 2000 by the Iraqi state oil company, the State Oil Marketing Organization. At the time, Condoleezza Rice, now secretary of state, was a member of Chevron’s board and led its public policy committee, which oversaw areas of potential political concerns for the company.

Ms. Rice resigned from Chevron’s board on Jan. 16, 2001, after being named national security advisor by President Bush.


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yellowcanine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-08-07 01:27 PM
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1. Dupe
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