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Chevron to acknowledge aiding Saddam (oil-for-food scandal)

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-08-07 01:04 PM
Original message
Chevron to acknowledge aiding Saddam (oil-for-food scandal)
http://thinkprogress.org/2007/05/08/chevron-to-acknowledge-aiding-saddam/

Chevron to acknowledge aiding Saddam.

“Chevron, the second-largest American oil company, is preparing to acknowledge that it should have known kickbacks were being paid to Saddam Hussein on oil it bought from Iraq as part of a defunct United Nations program, according to investigators. … At the time, Condoleezza Rice, now secretary of state, was a member of Chevron’s board and led its public policy committee, which oversaw areas of potential political concerns for the company. Ms. Rice resigned from Chevron’s board on Jan. 16, 2001, after being named national security advisor by President Bush.”


http://atrios.blogspot.com/2007_05_06_archive.html#1683905673007911326

THE OIL FOR FOOD SCANDAL!@!@!@@@!#$

It's almost a forgotten chapter of blog wingnuttia, that oil for food scandal which was going to take down every politician in the world that the wingnuts didn't like, or something. It was never quite clear. Anyway, maybe it'll get one after all.


Chevron, the second-largest American oil company, is preparing to acknowledge that it should have known kickbacks were being paid to Saddam Hussein on oil it bought from Iraq as part of a defunct United Nations program, according to investigators.

The admission is part of a settlement being negotiated with United States prosecutors and includes fines totaling $25 million to $30 million, according to the investigators, who declined to be identified because the settlement was not yet public.

...

According to the Volcker report, surcharges on Iraqi oil exports were introduced in August 2000 by the Iraqi state oil company, the State Oil Marketing Organization. At the time, Condoleezza Rice, now secretary of state, was a member of Chevron’s board and led its public policy committee, which oversaw areas of potential political concerns for the company.

Ms. Rice resigned from Chevron’s board on Jan. 16, 2001, after being named national security advisor by President Bush.

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hippiechick Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-08-07 01:06 PM
Response to Original message
1. "aiding a terra-ist" ??
:shrug: Sounds like she (and the rest of the Chevron execs) should be getting their tickets to Gitmo, soon. Never mind that little detail about Iraq having nothing to do with 9/11.
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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-08-07 01:08 PM
Response to Original message
2. dont forget that she had a tanker named after her
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yellowcanine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-08-07 01:09 PM
Response to Original message
3. No No No No - it was Kofi Annan's fault!
:sarcasm:

It must be really hard being a wingnut these days. All of the favorite memes are turning out to be wrong.
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