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NVMojo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 04:09 PM
Original message
Va. Firm Pleads in Oil-For-Food Scandal
ah, so I see, it wasn't just the UN dudes who got in trouble ...

NEW YORK (AP) - A Virginia oil trading company pleaded guilty to grand larceny in the U.N. oil-for-food scandal and will pay a $250,000 fine, prosecutors said Thursday.

Midway Trading of Reston, Va., one of thousands of companies connected to the oil-for-food program, took part in a scheme to pay more than $440,000 in kickbacks to Iraqi officials, Manhattan District Attorney Robert Morgenthau said.

The charges are just the latest to come out of the scandal. More charges are expected once the U.N.-backed Independent Inquiry Committee releases its final report, probably later this month.

more...

http://www.lasvegassun.com/sunbin/stories/nat-gen/2005/oct/20/102005911.html
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ewagner Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 04:16 PM
Response to Original message
1. So the scandals
involved US companies not just those "evil" Frenchies...
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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 05:28 PM
Response to Original message
2. Virginia oil firm admits kickbacks to Iraq (oil-for-food)
Virginia oil firm admits kickbacks to Iraq
By Jeanne King
Thu Oct 20,12:50 PM ET

NEW YORK (Reuters) - A Virginia oil trading company pleaded guilty on Thursday to charges of scheming to pay more than $400,000 in kickbacks to Iraq for oil purchases made as part of the defunct U.N. oil-for-food program for Iraq.

Midway Trading, a Reston, Virginia-based firm, agreed to pay a $250,000 fine in a plea deal, according to the Manhattan district attorney's office.

The kickback scheme also involved one of its trading partners, Bulf Oil, the office said. But it provided no details on Bulf Oil.

The case grew out of an investigation into the scandal-ridden $64 billion oil-for-food program launched by District Attorney Robert Morgenthau's office this year.

(more)

http://news.yahoo.com/s/nm/20051020/us_nm/iraq_un_oil_dc


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Justitia Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 05:28 PM
Response to Reply #2
3. Well, lookie there. What do we tell France??? -eom
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leesa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 05:35 PM
Response to Original message
4. So let's find out which Republicans are involved with this.
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cantstandbush Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 10:29 PM
Response to Original message
5. But the MSM didn't make much of this news as Kofi's son's involvement.
And to hear the Repub who against the UN, only foreign folks were involved.
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cantstandbush Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-05 10:30 PM
Response to Original message
6. Were they big contributers to the Republicans or Dems? n/t
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