SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (80895)10/26/2004 12:28:52 PM
From: LindyBill  Respond to of 793914
 
Resistance met in U.N. oil-for-food probe
Volcker Cites Friction United Nations, NY, Oct. 26 (UPI) -- The U.N. investigation into Iraq's corrupt oil-for-food program has started running into resistance, the lead investigator told the Financial Times. Paul Volcker said after six months of work, documents found at the Iraqi oil ministry include the names of several prominent politicians in France, Russia and elsewhere who allegedly received illegal Iraqi oil from Saddam Hussein. He said so far investigators have had "good cooperation," but as the web of corruption peels away, "a certain amount of friction" was being encountered. "When you begin to appraise and find out about a particular company that was really corrupt, and the people who may have been behind that, then you will get some resistance, whether by government or otherwise," he said. The U.S. Congress has four congressional committees also investigating, as well as two New York law enforcement agencies, which Volcker said was not working out well. "We'd like to think that they are complementary (to the investigation). But they are not. They are competing," he said.http://washingtontimes.com/upi-breaking/20041026-081805-8010r.htm