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UN's black gold. (Insider Report).(United Nations oil-for-food program )
In 1990, following Iraq's invasion of Kuwait, the UN slapped sanctions on Baghdad's oil industry. In 1996, supposedly to relieve the suffering inflicted on civilians by the oil embargo and other trade sanctions, the UN created the "oil-for-food" program.
"The oil-for-food program is no ordinary relief effort," observed Claudia Rosett in an April 18th New York Times op-ed column. "Not only does it involve astronomical amounts of money, it also operates with alarming secrecy. Intended to ease the human cost of economic sanctions by letting Iraq sell oil and use the profits for staples like milk and medicine, the program has morphed into big business."
Since its inception, the UN oil-for-food program "has overseen more than $100 billion in contracts for oil exports and relief imports' notes Rosett, and it has also collected "a 2.2 percent commission on every barrel.... According to staff members, the program's bank accounts over the past year have held balances upward of $12 billion. With all that money pouring straight from Iraq's oil taps -- ...
- UN oil-for-food program: scams R us: UN Secretary-General Kofi Annan and his...
- Magazine article from: The New American Jasper, William F. April 19, 2004 700+ words
...of Iraq to the United Nations. Of course...s oil-for-food program between 1996...the oil-for-food program, Benon Sevan...kleptocrats at the United Nations passed Resolution...the oil-for-food program for the "equitable...
- United Nations: Observations on the Oil for Food Program and Areas for Further...
- General Accounting Office Reports & Testimony August 1, 2004 700+ words
...2004 The Oil for Food program was established by the United Nations and Iraq in 1996 to...through the Oil for Food program. The United Nations, through the Office...overseeing the Oil for Food program. However, the Security...
- House acts on oil-for-food.(Legislation/Regulation)(House of Representatives...
- Newspaper article from: The Oil Daily June 20, 2005 700+ words
...on Friday approved a proposal to let independent investigators probe the defunct but scandal-ridden United Nations Oil-for-Food program in Iraq. The proposal, from Energy and Commerce Committee Chairman Joe Barton (R-Texas), was made...
- Probe into Iraq Oil-for-Food Program Looks at United Nations' Staff.
- Newspaper article from: Atlanta Journal-Constitution (Atlanta, GA) June 13, 2004 700+ words
...investigation of the United Nations' controversial Iraq oil-for-food program is close to releasing...supporters of the United Nations will likely have...The oil-for-food program, described as the United Nations' largest humanitarian...
- Wartime Grapevine: Iraq Oil-For-Food Program, Through The United Nations, Ends...
- News wire article from: The America's Intelligence Wire November 21, 2003 700+ words
...Eastern Time, the Iraq Oil-For-Food program, the biggest and most unusual aid program in United Nations history, goes the way of the Dodo...Iraq. Well, during that span, the United Nations delivered $28 billion worth of humanitarian...
- TNT Logistics raises $150,00 for food program.(News Briefs)(United Nations'...
- Magazine article from: Material Handling Management September 1, 2004 700+ words
...America raised more than $150,000 in the U.S., Canada and Mexico in the first half of 2004 for the United Nations' World Food Program (WFP). By teaming up with WFP, TNT is committed to sharing its resources and know-how. Every day...
- United Nations: Oil for Food Program Audits.
- General Accounting Office Reports & Testimony March 1, 2005 700+ words
...2005 The Oil for Food program was established by the United Nations and Iraq in 1996...contracts. The United Nations' Independent...within the Oil for Food program and its overall...conducted by the United Nations' Office of Internal...
- U.S. farmers to get a piece of the oil-for-food program.(FOOD AID)(program run...
- Newspaper article from: The Kiplinger Agriculture Letter April 17, 2003 700+ words
U.S. farmers will also get a piece of the oil-for-food program run by the United Nations in Iraq. The program, set up after the UN imposed sanctions on Iraq in 1991, pays for about 60% of the food consumed in Iraq. Up till now, the U.S. has opted not to participate.
- Novo Nordisk Agrees to Pay $9 Million Fine in Connection with Payment of $1.4...
- Press release article from: M2 Presswire May 12, 2009 700+ words
...Through the United Nations Oil-for-food Program(C)1994...Oil-for-Food Program was established by the United Nations to enable...Oil-for-Food Program mandated that...deposited in a United Nations bank account...
- United Nations: Observations on the Oil for Food Program and Iraq's Food...
- General Accounting Office Reports & Testimony August 1, 2004 700+ words
...2004 The Oil for Food program was established by the United Nations and Iraq in 1996...through the Oil for Food program. This estimate...suppliers. The United Nations, through the...overseeing the Oil for Food Program. However, the...
Source: HighBeam Research, UN's black gold. (Insider Report).(United Nations oil-for-food...