Thursday, August 18, 2005

U.N. scandal dwarfs even Enron

Claudia Rosett has found that Enron was linked to the U.N. Oil for Food scandal:
[I]nvestigators for Rep. Henry Hyde's International Relations Committee have unearthed documents showing that shortly before Enron imploded in late 2001, the company, among its other deals, was shelling out millions, some of it into Swiss bank accounts, to buy Iraqi crude exported by Saddam under Oil for Food.
Enron didn't deal directly with Saddam but it helped those he bribed sell their oil as a laundering middle man.

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