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Politics : PRESIDENT GEORGE W. BUSH

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To: sandintoes who wrote (700939)9/9/2005 3:31:45 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
:)

Swiss Focus on 4 in Oil-for-Food Case

September 8, 2005
By THE NEW YORK TIMES
nytimes.com

Switzerland has frozen the assets of four people it is investigating on suspicion of money laundering and bribery in connection with the United Nations' scandal-ridden oil-for-food program.

None of the four, who have not been identified, are Swiss citizens. The Swiss investigation is linked to international inquiries into the program, under which the United Nations supplied food and medicine to Iraq in exchange for allowing the government to export oil.

One of those investigations, directed by Paul A. Volcker, the former Federal Reserve chairman, issued its findings yesterday.

According to lists compiled by Mr. Volcker's investigation, only France and Russia brokered more oil under the program than Switzerland.
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