Iraq to file US lawsuits over oil-for-food: Minister
Baghdad: Iraq will file lawsuits in the
United States against foreign firms for alleged fraud in a UN
oil-for-food scheme under Saddam Hussein`s regime, the
country`s commerce minister said on Tuesday.
"We have asked an American lawyer to prosecute the
companies that violated the law regarding the oil-for-food
programme," Safaldin al-Safi said, but did not give any
French newspaper Liberation said today that the Iraqi
government has demanded a total of USD 10 billion in
compensation from 93 companies for alleged violations of the
terms of the programme.
According to the newspaper, among the companies are
French vehicle manufacturer Renault and banking giant BNP
Liberation said that BNP Paribas rejected the
The UN oil-for-food programme ran from 1996 until 2003,
when US-led forces invaded Iraq.
It allowed Baghdad to sell limited amounts of oil to
fund UN-supervised imports of humanitarian goods which the
country lacked because of tight UN sanctions imposed after
Iraq`s invasion of Kuwait in 1990.
More from India
More from World
More from Sports
More from Entertaiment
- Highlights - India vs England 2nd ODI in Cuttack
- DNA: Manish Sisodia faces CBI probe over alleged irregularities in 'Talk To AK' programme
- Donald Trump to be sworn in as 45th US President today
- Barack Obama thanks Americans for making him a 'better man'
- Exclusive: Srinagar freezes at minus 3; common man struggles for basic commodities
- WATCH: MS Dhoni asks Jasprit Bumrah to go easy after he hurriedly ran out England skipper Eoin Morgan
- IND vs ENG, 2nd ODI: Yuvraj Singh silences critics with 14th ODI hundred, fourth against England — WATCH
- WATCH: How MS Dhoni saved Yuvraj Singh's wicket with another successful DRS review
- India vs England: After Virender Sehwag, Sachin Tendulkar gives Piers Morgan cricketing gyan
- Accused of Muslim-bias on visa applications, Sushma Swaraj hits back