Tag Archives | oil for food

Total, Vitol Fined in Iraq Oil-For-Food Case

By John Lee. French oil company Total and Swiss oil-trading company Vitol have been fined for corruption by a French court in relation to Iraq’s oil-for-food program. According to Bloomberg, Total was guilty of corrupting foreign civil servants, and has been fined EUR 750,000, while Vitol has been fined EUR 300,000. Other corruption charges against Total […]

Court Rejects ‘Oil-for-Food’ Lawsuit

By John Lee. The US Supreme Court has rejected an attempt by Iraq to revive a lawsuit against companies for allegedly conspiring with Saddam Hussein’s government to subvert the United Nations oil-for-food program. According to the Reuters report, more than 80 companies and other entities were named as defendants in the 2008 lawsuit over the […]

Iraq Loses Oil-for-Food Lawsuit

By John Lee. According to a report from Reuters, a US federal appeals court has rejected Iraq’s effort to sue dozens of companies for allegedly conspiring with the Saddam Hussein regime to subvert the United Nations’ oil-for-food programme and deprive Iraqi citizens of humanitarian aid. The court said Iraq’s government could not recoup damages under […]

Australian Oil-for-Food Case Dropped

By John Lee. The Australian Securities and Investments Commission (ASIC) has today discontinued its proceedings in the Supreme Court of Victoria against Charles Stott and Michael Long for alleged breaches of their duties as officers of AWB Limited — formerly the Australian Wheat Board — in connection with the United Nations Oil for Food Programme in […]

Total Cleared of Iraqi Corruption

By John Lee. A Paris court has cleared oil company Total, its chief executive Christophe de Margerie (pictured), and over a dozen other defendants of corruption charges related to the UN’s oil-for-food programme in Iraq. The former interior minister Charles Pasqua, the Swiss oil trader Vitol, and a former French ambassador to the UN, were […]

Iraqi Oil-for-Food Lawsuit Collapses

By John Lee. An Iraqi lawsuit accusing more than 90 companies of conspiring with Saddam Hussein’s regime to frustrate the United Nations’  program, and depriving Iraqis of roughly $10 billion of essential aid, has been dismissed by a court in New York. Reuters reports that U.S. District Judge Sidney Stein said the government of Iraq […]

Total CEO in Court for Oil-for-Food Trial

By John Lee. The CEO of Total, Christophe de Margerie (pictured), is to appear in a Paris court on Monday to fight charges of wrongdoing relating to the United Nations oil-for-food relief program in Iraq. Total, Vitol and 18 individuals, including de Margerie (61), are listed as defendants in the trial over claims the program […]

Former AWB Boss Fined in Oil-for-Food Scandal

By John Lee. The former managing director of Australian wheat exporter AWB has been fined 100,000 Australian dollars ($106,000) and banned from being a company director for two years for his role in paying kickbacks to Iraq’s former dictatorship under the discredited UN oil-for-food program. According to the Sydney Morning Herald, the breaches related to […]

Ex-AWB boss Admits to Iraq Bribe Breaches

After almost 10 years, the former chief executive of Australia’s AWB Ltd has admitted to four breaches of the law relating bribes paid to Saddam Hussein’s government between 2001 and 2005 to secure wheat sales. According to the report in The Australian, Andrew Lindberg’s four admissions relate to his having failed to tell the AWB […]

150 Foreign Companies Pursued over Oil-for-Food Program

Fadel Mohammed, legal adviser to Prime Minister Nouri al-Maliki, has said that the Iraqi government is currently pursuing more than 150 foreign companies accused of corruption in the UN’s Oil-for-Food program. AKnews reports that the government is determined to bring these companies to justice, adding that there are several other companies under investigation. The Oil-for-Food […]

Total CEO Faces Trial over Oil-for-Food

A French magistrate has decided to send giant Frence oil company Total and its chief executive to trial on charges that the company engaged in corruption during the United Nations oil-for-food program in Saddam Hussein’s Iraq, according to Reuters. The magistrate is sending the company to trial on charges of corruption and involvement in fraudulent […]