This is a long article. I posted just a little of it.
Where did the Oil for Food $$ go? Besides going
into the pockets of Koffi Annan's family and the
pockets of other highly placed members of the
United Nations - $$$ went to the families of
Palestinian Homicide bombers as well as
possibly to members of the United Nations
Security Council to buy off votes.
Once again, the U.N. has proved itself to be
worse than useless. It is corrupt to the core
and gets in the way of what it was supposed
to be doing - helping countries to get along
and people to live better lives in peace and
The Security Council members were bought off.
Time for the world to wake up to what the U.N.
REALLY is and to close shop.
Probe: Oil-for-Food Money Went to Palestinian Bombers' Families
November 17, 2004
WASHINGTON — Money from the United Nations Oil-for-Food program helped pay the families of Palestinian homicide bombers, the House Committee on
International Relations is expected to reveal Wednesday during a hearing on corruption in the Iraqi relief program.
Investigators working for Illinois Republican Rep. Henry Hyde, chairman of the panel, are expected to say they have traced funds from former Iraqi
President Saddam Hussein's kickback scheme through a Jordanian bank and into the hands of families of bombers who attacked Israeli citizens.
It has long been established that Saddam paid bounties of $15,000 to $25,000 to the Palestinian families of the murderers. Hyde's committee will
reveal at the hearing that some of the reward money was deposited from illegal profits Saddam made by demanding 10 percent kickbacks on all the
contracts of companies that did business with the U.N.'s Oil-for-Food program.
Those funds were then deposited with other Iraqi money, such as Jordanian Oil-for-Food oil payments, into the Central Bank of Iraq account in the
Rafidain Bank in Amman, Jordan. The funds were then transferred to another account in the bank controlled by Iraq's ambassador to Jordan Sabah
Yaseen. It was from Yaseen's account that Saddam's officials would cut and hand out checks to the homicide bombers' families, Hyde's investigators
are expected to say.
Corruption Spreads Outward
As congressional inquiries continue into the scandal-ridden Oil-for-Food program, more evidence has come to light revealing how Saddam was able to
funnel more than $21 billion away from the food and medicine program into the pockets of criminals.
"In essence, the Hussein regime created a system of kickbacks, as we have heard today, skimming schemes and smuggling operations to bilk the
international sanctions regime of all its potential value and profits," Juan Carlos Zarate, an assistant secretary at the Treasury Department, told
lawmakers on Monday.
"He used the implements of the state, the Central Bank, commercial enterprises and his diplomatic and intelligence assets to help skirt international
restrictions. In some cases, he used this system to attempt to procure weapons and other banned goods, all in an effort to fortify his regime,"
According to U.S. officials, the former Iraqi leader spread billions of dollars around the globe, particularly targeting France, Russia and China, all
permanent members of the U.N. Security Council.
< Full Story >
(Read the whole article. It's very interesting and educational.)
[edit on 11/17/2004 by FlyersFan]