Saddam was profitable. No wonder so many in Europe opposed deposing him.
Vitol Pleads Guilty In Oil-for-Food Case - November 21, 2007 - The New York Sun
Vitol Pleads Guilty In Oil-for-Food Case - November 21, 2007 - The New York Sun
A Switzerland-based oil trading company has pleaded guilty to paying $13 million in kickbacks to the Iraqi government in violation of the U.N. oil-for-food program's rules, the Manhattan district attorney, Robert Morgenthau, announced yesterday.
Vitol S.A. allowed the kickbacks to continue between June 2001 and September 2002 but did not report them to the United Nations, according to a release from Mr. Morgenthau's office.
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