Oil--for--Terror

Claudia Rosett has written before (here and here) about the scandalous behavior of the United Nations and its oversight of the Oil-for-Food program that was essentially corrupt on both ends - with the UN siphoning funds and Saddam hoarding supplies that were supposed to go to his countrymen. She weighs in again at the National Review with more -- much much more: bq. Oil-for-Terror? There appears to be much worse news to uncover in the Oil-for-Food scandal. bq. Beyond the billions in graft, smuggling, and lavish living for Saddam Hussein that were the hallmarks of the United Nations Oil-for-Food program in Iraq, there is one more penny yet to drop. bq. It's time to talk about Oil-for-Terror. bq. Especially with the U.N.'s own investigation into Oil-for-Food now taking shape, and more congressional hearings in the works, it is high time to focus on the likelihood that Saddam may have fiddled Oil-for-Food contracts not only to pad his own pockets, buy pals, and acquire clandestine arms � but also to fund terrorist groups, quite possibly including al Qaeda. And more: bq. Which brings us to back to terrorist ties, and Perelman's story of June 20, 2003, for which the reporting checks out. In brief (hang on for the ride): One link ran from a U.N.-approved buyer of Saddam's oil, Galp International Trading Corp., involved near the very start of the program, to a shell company called ASAT Trust in Liechtenstein, linked to a bank in the Bahamas, Bank Al Taqwa. Both ASAT Trust and Bank Al Taqwa were designated on the U.N.'s own terror-watch list, shortly after 9/11, as entities "belonging to or affiliated with Al Qaeda." This Liechtenstein trust and Bahamian bank were linked to two closely connected terrorist financiers, Youssef Nada and Idris Ahmed Nasreddin � both of whom were described in 2002 by Treasury as "part of an extensive financial network providing support to Al Qaeda and other terrorist related organizations," and both of whom appear on the U.N.'s list of individuals belonging to or affiliated with al Qaeda. bq. The other tie between Oil-for-Food and al Qaeda, noted by Perelman, ran through another of Saddam's handpicked, Oil-for-Food oil buyers, Swiss-based Delta Services � which bought oil from Saddam in 2000 and 2001, at the height of Saddam's scam for grafting money out of Oil-for-Food by way of under-priced oil contracts. Now shut down, Delta Services was a subsidiary of a Saudi Arabian firm, Delta Oil, which had close ties to the Taliban during Osama bin Laden's heyday in Afghanistan in the late 1990s. In discussions of graft via Oil-for-Food, it has been assumed that the windfall profits were largely kicked back to Saddam, or perhaps used to sway prominent politicians and buy commercial lobbying clout. But that begs further inquiry. There was every opportunity here for Saddam not solely to pocket the plunder, but to send it along to whomever he chose � once he had tapped into the appropriate networks. This is just a fraction of what she has -- she also posts a lot of links to corroborate her facts. Well worth the 10 minutes to read...

October 2022

Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          

Environment and Climate
AccuWeather
Cliff Mass Weather Blog
Climate Depot
Ice Age Now
ICECAP
Jennifer Marohasy
Solar Cycle 24
Space Weather
Watts Up With That?


Science and Medicine
Junk Science
Life in the Fast Lane
Luboš Motl
Medgadget
Next Big Future
PhysOrg.com


Geek Stuff
Ars Technica
Boing Boing
Don Lancaster's Guru's Lair
Evil Mad Scientist Laboratories
FAIL Blog
Hack a Day
Kevin Kelly - Cool Tools
Neatorama
Slashdot: News for nerds
The Register
The Daily WTF


Comics
Achewood
The Argyle Sweater
Chip Bok
Broadside Cartoons
Day by Day
Dilbert
Medium Large
Michael Ramirez
Prickly City
Tundra
User Friendly
Vexarr
What The Duck
Wondermark
xkcd


NO WAI! WTF?¿?¿
Awkward Family Photos
Cake Wrecks
Not Always Right
Sober in a Nightclub
You Drive What?


Business and Economics
The Austrian Economists
Carpe Diem
Coyote Blog


Photography and Art
Digital Photography Review
DIYPhotography
James Gurney
Joe McNally's Blog
PetaPixel
photo.net
Shorpy
Strobist
The Online Photographer


Blogrolling
A Western Heart
AMCGLTD.COM
American Digest
The AnarchAngel
Anti-Idiotarian Rottweiler
Babalu Blog
Belmont Club
Bayou Renaissance Man
Classical Values
Cobb
Cold Fury
David Limbaugh
Defense Technology
Doug Ross @ Journal
Grouchy Old Cripple
Instapundit
iowahawk
Irons in the Fire
James Lileks
Lowering the Bar
Maggie's Farm
Marginal Revolution
Michael J. Totten
Mostly Cajun
Neanderpundit
neo-neocon
Power Line
ProfessorBainbridge.com
Questions and Observations
Rachel Lucas
Roger L. Simon
Samizdata.net
Sense of Events
Sound Politics
The Strata-Sphere
The Smallest Minority
The Volokh Conspiracy
Tim Blair
Velociworld
Weasel Zippers
WILLisms.com
Wizbang


Gone but not Forgotten...
A Coyote at the Dog Show
Bad Eagle
Steven DenBeste
democrats give conservatives indigestion
Allah
BigPictureSmallOffice
Cox and Forkum
The Diplomad
Priorities & Frivolities
Gut Rumbles
Mean Mr. Mustard 2.0
MegaPundit
Masamune
Neptunus Lex
Other Side of Kim
Publicola
Ramblings' Journal
Sgt. Stryker
shining full plate and a good broadsword
A Physicist's Perspective
The Daily Demarche
Wayne's Online Newsletter

About this Entry

This page contains a single entry by DaveH published on April 19, 2004 4:41 PM.

Microphones was the previous entry in this blog.

Scientology in the news... is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Monthly Archives

Pages

OpenID accepted here Learn more about OpenID
Powered by Movable Type 5.2.9