Tuesday, May 08, 2007

Chevron to Pay Fine For Paying Kickbacks to Saddam Hussein


From Democracynow.org:
The New York Times is reporting, the U.S. oil company Chevron is preparing to pay up to $30 million in fines for illegally paying kickbacks to Saddam Hussein for access to Iraq's oil before the U.S. invasion in 2003.
The penalty, which is still being negotiated, would be the largest so far in the United States in connection with investigations of companies involved in the oil-for-food scandal. It appears Chevron began paying Iraq kickbacks in August 2000. At the time Secretary of State Condoleezza Rice was a member of Chevron's board and led its public policy committee, which oversaw areas of potential political concerns for the company.

5 comments:

jan said...

OH WOW!!!

SP Biloxi said...

You can say that again...

Anonymous said...

Pathetic.......

SP Biloxi said...

A combination between OMG and WTF on this story.

jan said...

...Wow! Wonder if this will lead to something...