Lloyd's Register cleared of oil fraud in Iraq.

Publication: Europe Intelligence Wire

Bookmark this article Print this article Link to this article Email this article Digg It! Add to del.icio.us RSS

COPYRIGHT 2005 Financial Times Ltd.

(From Lloyds List)

Byline: But society is criticised in UN report, writes David Osler

LLOYD'S Register has been explicitly cleared of any fraud or corruption over the Iraq oil-for-food programme, following an independent inquiry into the affair.

However, the final report from the inquiry committee slates the British classification society for possible overcharging, lack of independent verification of bulk cargo, lack of independent testing of medicines and vaccines and long delays in obtaining test...

Read the full article for free courtesy of your local library.