I brought more than 3 paragraphs over for the excerpt
because registration is required at The Wall Street Journal
and I figured some folks wouldn't want to register.
This is still just an excerpt - but if the mods want to cut
it back to less paragraphs, please feel free to do so.
REF the article - I hope this spells the end of Koffi Annans
reign at that corrupt cesspool called the United Nations.
I hope people will wake up to the fact that France and
Russia vetoed going into Iraq and saving lives, not because
of any moral stand but because they had their own illegal
multi billion $$$$ deals with Saddam and they thought more
of the $$$ than human life in Iraq.
Combine the information in the UN Oil for Food Scandel and
the newly emerging facts that Russia probably moved the
allegedly missing 380 (really THREE) tons of explosives
(at Saddams order) to Syria before America liberated Iraq ...
and you get a nasty and messy UN/France/Russia triangle of
disgusting corruption that stinks to high heaven. America
should take careful note of these things and let the full impact
and meaning sink in.
Saddam's U.N. Payroll
Oil for Food bribery means sanctions against Iraq were doomed to fail.
The Wall Street Journal
Thursday, October 28, 2004
Out on the campaign trail, John Kerry continues to diminish our allies in Iraq and decry President Bush for "rushing" to war without U.N. Security
Council approval. But we hope his would-be Secretaries of State, Biden and Holbrooke, are paying attention in private to revelations about the
crumbling sanctions regime they would have had us continue and the related corruption in the U.N.'s Oil for Food program.
These folks are in for a rude awakening if they really think Old Europe will be rushing to help a President Kerry in Iraq, or that the United Nations
is competent and trustworthy enough to manage their foreign policy projects.
The latest pieces of news are last week's data dump from Paul Volcker's U.N.-blessed investigation of Oil for Food, and U.S. weapons inspector
Charles Duelfer's report to Congress earlier this month. Everybody is still digesting these massive documents. But the most important conclusion is
already clear: Saddam Hussein exploited the program to run the largest bribery scheme in the history of the world.
Yes, we mean that literally. Total turnover between 1996 and 2003 was about $97 billion, or $64.2 billion in oil sales and $32.9 billion worth of food
and other "humanitarian" goods. Crucially, Saddam was able to manipulate the program largely because U.N. Secretary-General Kofi Annan--who was
given more or less complete discretion to design Oil for Food by the Security Council resolution that created it--allowed him to pick and choose the
buyers of his oil and the sellers of the humanitarian goods.
This meant the Iraq dictator could reward his friends and political allies with oil at below market prices and goods contracts at inflated ones. In
the middle of the program, he also started demanding kickbacks on the contracts to add to the stream of unmonitored revenue he was already getting
from oil smuggling.
It can't be stressed enough that both the Duelfer and Volcker investigations confirm that this global web of corruption is no mere allegation trumped
up by Ahmed Chalabi and "neoconservatives," as U.N. officials tried to pretend in January when Iraq's al Mada newspaper published a list of the oil
Mr. Duelfer's list of recipients--which more or less confirms al Mada's--was compiled based on information from current and former Iraqi officials
and lists maintained by former Iraqi Vice President Taha Yasin Ramadan (now in U.S. custody) and the former Iraqi Oil Minister. Mr. Volcker's
lists--which include the 248 companies that bought Iraqi oil under the program and the 3,545 companies supplying humanitarian goods--are compiled from
the U.N.'s own records and cross-checked against Iraqi and other sources, including the French bank BNP Paribas that administered program
High-level officials of Saddam's regime have told investigators that oil and goods contracts were always awarded with an eye to helping Saddam
politically, particularly to promote the lifting of the sanctions. The Volcker data bears this out. Iraq's top customer was Russia, whose firms
bought $19.2 billion worth of Iraq oil and exported $3.3 billion in humanitarian goods. Fellow Security Council member France was a distant but
significant second, at $4.4 billion and $2.9 billion respectively. China is also high on the list.
Oil voucher recipients are alleged to include the Russian presidential office, former French Interior Minister Charles Pasqua, and even former Oil for
Food program director Benon Sevan of the U.N. Just this week our news side colleagues reported that French authorities have placed under formal
investigation a top official of French oil giant Total, for possible misuse of funds including payment of the Iraqi kickbacks. Before the war Total
was also openly courting Baghdad for the rights to develop two large Iraqi oil fields.
Against this backdrop, it is impossible to take Secretary-General Annan seriously when he calls it "inconceivable" that this could have affected the
Security Council's handling of Iraq. "I don't think the Russian or the French or the Chinese government would allow [themselves] to be bought," he
said recently. But even in the unlikely event that they weren't too worried about the possible financial losses, they surely never wanted this
information to see the light of day.
Read the rest here.
[edit on 10/28/2004 by FlyersFan]