February 9, 2004

Oil-for-Food Program

My friend Frank sends this WSJ Article, and writes:

Wow. They are starting to connect the dots on how this "Friends of Saddam" deal worked within the Oil-for-Food program. The UN was either completely incompetent (best case) or thoroughly corrupt (most likely case). The nuts and bolts of the transaction procedures were designed to be abused. They didn't even require the name of the end-user of an oil purchase. Just the middleman. And the pricing was left up to Iraq and the dealers. These are the basic ingrediants for the skimming, that financed the bribes, that kept the whole program afloat and perpetuating itself. Incredible.

This site may need a password. If so, buy a copy of today's WSJ. This could lead to old Kofi himself before its over. Not to mention old Jacques. And old Vladimir.

Posted by John Weidner at February 9, 2004 8:37 AM
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