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Weir Group Iraq cash to fund humanitarian projects (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-12-11 11:11 PM
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Weir Group Iraq cash to fund humanitarian projects (BBC)
Cash confiscated from one of Scotland's largest companies after it admitted breaching UN sanctions in Iraq is being sent back to the country.

The Scottish government said £1.5m taken from the Glasgow-based Weir Group would go to fund humanitarian projects.

A £13.9m confiscation order was made against the engineering firm after it admitting paying kickbacks to Saddam Hussein's regime for contracts.

The remaining £12.4m will be used to fund community projects in Scotland.

The £13.9m was seized from Weir Group under the Proceeds of Crime Act for breaching the Oil for Food programme between 2000 and 2002.
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more: http://www.bbc.co.uk/news/uk-scotland-12439531





A drop in the bucket -- what about some Halliburton money?
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