A United Nations panel has found that the US-led occupation authority failed to exercise proper controls over Iraq's oil industry and could not say how much oil had gone missing since the fall of Saddam Hussein.
The International Advisory and Monitoring Board report also said there were "important weaknesses" in the management by occupation officials of up to $20bn in Iraqi funds, mostly from oil sales.
US politicians have often accused the UN of incompetence and, perhaps, corruption in its handling of the oil-for-food programme, a scheme to alleviate Iraqi suffering under sanctions before the war. Now the boot is on the other foot...
http://news.bbc.co.uk/2/hi/middle_east/4098729.stm 
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore