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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (666195)	12/27/2004 2:45:21 AM
From: sandintoes	Respond to of 769670

This should be interesting when we have some names. Who paid kick back? Where are they now GENEVA -- The difficulty of finding out who paid kickbacks in the U.N. oil-for-food program is illustrated by two Liechtenstein-based firms, Alcon Petroleum and Fenar Petroleum. Both were set up late in the program - Alcon in 2000, Fenar in 1999 - and almost immediately landed huge contracts to buy oil from Iraq. Both companies are registered only under the names of trustee firms, meaning their owners' names and nationalities were undisclosed. In Liechtenstein, owners of limited liability companies like Alcon and Fenar do not have to disclose their names when they register their firms, thus guaranteeing their anonymity. It's easier to track down the details of Swiss-registered companies involved in the oil-for-food investigation. But many of the firms are in liquidation or are owned by front companies in other offshore centers, compounding the difficulties Swiss investigators face in tracing them.