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Powell: U.S. Looking Into Saddam Money (Records Frozen)
AP ^ | 3-20-04 | DIANA ELIAS

Posted on 03/20/2004 4:52:53 PM PST by Indy Pendance

KUWAIT CITY (AP) -- U.S. administrators in Iraq have frozen records of a U.N. aid program to help investigators looking into possible corruption during the Saddam Hussein era, Secretary of State Colin Powell said Saturday during a stopover in Kuwait.

U.S. congressional investigators have charged that Saddam's regime amassed $10 billion through oil smuggling, illegal surcharges and kickbacks from the United Nations' 1996-2002 oil-for-food program. An Iraqi newspaper has published a list of about 270 former Cabinet officials, legislators, political activists and journalists in about 46 countries suspected of profiting from the scam.

"We are concerned, deeply concerned, that money that was supposed to be going to help the Iraqi people was diverted by Saddam Hussein, once again demonstrating the nature of that regime," Powell told reporters.

"That money was not used for food or health care or clean water," he said. "It was used for palaces and debauchery."

Powell said Washington would assist the investigation that U.N. Secretary-General Kofi Annan proposed Friday.

The oil-for-food program, which ended in November, was set up by the U.N. Security Council to enable the Saddam regime to sell oil on condition that the proceeds were used to buy humanitarian goods for the Iraqi people and pay reparations for the 1991 Gulf War.

Powell spoke at the end of his six-day tour of Asian and Middle East nations. He said that after the U.S.-led coalition hands power to Iraqis on June 30, Iraqi and coalition forces would be able to defeat the insurgents and "terrorists from outside the country."

"They will not prevail. They will be defeated," he said. "But while they are still around, they are causing considerable trouble."

Powell arrived Friday from Saudi Arabia, where he said the United States would help Arab countries move toward democracy, but it has no intention of imposing that system.

He reiterated this position in Kuwait, where the government has rejected Washington's Greater Middle East Initiative on the grounds that reform cannot be imposed from outside.

"It wasn't a list of reforms we presented to them and said 'please agree'," Powell said of the initiative.

The United States wanted not to impose, but to "help others achieve" reform, he said.

Powell said he was encouraged that the Arab League is discussing the possibility of adopting a resolution calling for political reform. He said he had contacted many Arab leaders on what a reform resolution might contain.


TOPICS: Crime/Corruption; Foreign Affairs; News/Current Events; War on Terror
KEYWORDS: iraqiassets; oilforfood; powell; saddam; saddaminc

1 posted on 03/20/2004 4:52:53 PM PST by Indy Pendance
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To: Indy Pendance
Follow the money and watch the weazels whine.
2 posted on 03/20/2004 4:54:01 PM PST by corkoman (Logged in - have you?)
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To: Indy Pendance
This is not really a surprise. The UN was already admitting last year that they spent the money however Saddam wanted. And they justified their behavior by taking a big cut for themselves. Meanwhile the UN, France, and others who backed this plan complained that the United States was guilty of starving Iraqi children.
3 posted on 03/20/2004 5:04:51 PM PST by Cicero (Marcus Tullius)
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To: corkoman
Already the Left is spinning: "Conservatives wake up hating the UN, this is nothing but a witch hunt designed to deiscredit the UN."
4 posted on 03/20/2004 5:10:57 PM PST by Guillermo (Your own personal Konservative Klick-Guerilla)
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To: corkoman
Kofi and his clan seem to be raising the biggest howl. I wonder why?
5 posted on 03/20/2004 5:11:09 PM PST by pointsal
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To: Cicero
Yes, what will the Left say now?

Well, we know they could have cared less whether Iraqi children starved or not, but we know as long as they did, they had a great excuse to bash the US.

They'd rather see millions killed if they thought it could embarass us.
6 posted on 03/20/2004 5:13:16 PM PST by Guillermo (Your own personal Konservative Klick-Guerilla)
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To: Indy Pendance
An Iraqi newspaper has published a list of about 270 former Cabinet officials, legislators, political activists and journalists in about 46 countries suspected of profiting from the scam.

It will be very interesting to see this list.

7 posted on 03/20/2004 5:13:58 PM PST by Azzurri
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To: Azzurri
It's been posted several times.

If I can find the list, I'll show you.
8 posted on 03/20/2004 5:16:58 PM PST by Guillermo (Your own personal Konservative Klick-Guerilla)
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To: Azzurri
http://www.freerepublic.com/focus/f-news/1067157/posts

9 posted on 03/20/2004 5:20:37 PM PST by Guillermo (Your own personal Konservative Klick-Guerilla)
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To: Indy Pendance
The grifters may have FBI files. But WE have the Iraqi files. Infinitely more interesting, IMHO.
10 posted on 03/20/2004 5:46:01 PM PST by OldFriend (Always understand, even if you remain among the few)
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To: Indy Pendance
bump
11 posted on 03/20/2004 6:51:40 PM PST by There's millions of'em (Saddam's money trail will lead to the DNC...)
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