USEUROPEAFRICAASIA 中文双语Français
Home / Business

Iraq sues firms over oil-for-food kickbacks

China Daily | Updated: 2008-07-02 07:41

The Iraqi government sued dozens of companies, including oil giant Chevron Corp, for more than $10 billion on Monday, saying they paid kickbacks to former Iraqi leader Saddam Hussein's government under the UN oil-for-food program.

The civil lawsuit, filed in US federal court in Manhattan, seeks to recover damages from companies investigated by a UN-commissioned inquiry, claiming they cheated the Iraqi people out of benefits of the $67 billion UN program.

The UN oil-for-food program, which ran from 1996 to 2003, was created to help Iraqis cope with UN sanctions after Iraq invaded Kuwait in 1990. The program allowed Baghdad to sell oil in order to buy humanitarian goods.

Iraq sues firms over oil-for-food kickbacks

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US