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Two Related Companies In The Oil-for-Food Business May Have Handled as Much as $4 B. in Deals
Prnewswire ^ | 1/16/05

Posted on 01/16/2005 7:58:32 AM PST by Brian Mosely

Press Release

Source: Newsweek

NEWSWEEK: Two Related Companies In The Oil-for-Food Business are Believed to Have Handled as Much as $4 Billion in Deals, Reselling Some Crude to Big U.S. Refiners Like Exxonmobil, Says Investigator Sunday January 16, 10:22 am ET

# NEW YORK, Jan. 16 /PRNewswire/ -- Investigative officials in New York and Europe are looking closely at the dealings of numerous companies and individuals involved in the Oil-for-Food business in an attempt to learn who may have helped Saddam Hussein's regime beat U.N. sanctions. Newsweek reports in the January 24 issue (on newsstands Monday, January 17) that one businessman under scrutiny is Ben Pollner, a U.S. trader based in Switzerland.

Law-enforcement sources say he emphatically denied any wrongdoing when questioned by representatives from the office of Manhattan District Attorney Robert Morgenthau last year in New York, reports Investigative Correspondent Mark Hosenball. No charges have been filed against Pollner or his firms. Still, a glimpse into his transactions may offer some sense of the convoluted nature of the trade, according to Newsweek. A top European investigator says two Pollner companies in Geneva are believed to have handled as much as $4 billion in Oil-for-Food deals, reselling some crude to big U.S. refiners like ExxonMobil.

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: benpollner; fenar; foodforoil; musbahladki; oilforfood; taurus; uncorruption

1 posted on 01/16/2005 7:58:32 AM PST by Brian Mosely
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To: cyncooper; Howlin; backhoe

Oil For Food shenanigans...


2 posted on 01/16/2005 8:08:39 AM PST by MizSterious (First, the journalists, THEN the lawyers.)
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To: MizSterious

Thanks. Lord O Mercy, the slime just keeps dripping.


3 posted on 01/16/2005 8:10:04 AM PST by backhoe (-30-)
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To: backhoe

I wonder what if any relationship there might be between Pollner, Marc Rich, and the Clintons--something about this smells very Clintonish...


4 posted on 01/16/2005 8:13:46 AM PST by MizSterious (First, the journalists, THEN the lawyers.)
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Comment #5 Removed by Moderator

To: MizSterious
--something about this smells very Clintonish...

Reeks. Simply reeks. Which is one of several reasons the Jackal Pack Press is treadly so lightly over all this corruption.

6 posted on 01/16/2005 8:16:59 AM PST by backhoe (-30-)
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To: Brian Mosely
You mean Marc Rich and Ben were buddies, imagine that.

Dec. 2 - The revelation that Kojo Annan continued to receive payments from Cotecna finally brought the U.N. Oil-for-Food scandal under the scrutiny of the mainstream media, and now that they're digging, they are finding things that have been known in the blogosophere for a while but seem new to them, including the involvement of some well known and well-connected Americans and companies which were named in the Duelfer Report: Marc Rich, Ben Pollner of Taurus Oil, ChevronTexaco, and ExxonMobil.


7 posted on 01/16/2005 8:19:57 AM PST by unixfox (Close the borders, problems solved!)
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To: MizSterious

Pollner and Rich have worked together before.


8 posted on 01/16/2005 8:30:50 AM PST by gaspar
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To: MizSterious; Brian Mosely; All
Forgot the crosslink:

Click this picture & go to the "last" for the latest UN scandals:


9 posted on 01/16/2005 8:36:41 AM PST by backhoe (-30-)
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To: backhoe; MizSterious; Brian Mosely; All
See also: Oil for Food suspect's wife was a major Kerry donor
10 posted on 01/16/2005 8:42:40 AM PST by nwrep
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To: Brian Mosely

The investigation continues, and like the King Buffalo said, "Let the chips fall where they may."


11 posted on 01/16/2005 8:46:09 AM PST by Enterprise ("Dance with the Devil by the Pale Moonlight" - Islam compels you!)
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To: nwrep

Missed that one- thanks!


12 posted on 01/16/2005 8:48:15 AM PST by backhoe (-30-)
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To: Brian Mosely

Europeans? If Eurinals are investigating, it is only to shred documents that might lead to the French and to leave/manufacture the ones that point to non-Clintonian Americans. Maybe, that is why Willie's lieberry will not release the names of the BIG comtributors; maybe, most of the cash came from Saddam through Marc Rich like middle-men. Alas, the media is interested only in Republicans who might be dirty on this and will NEVER investigate or publish anything about Willie.


13 posted on 01/16/2005 8:49:03 AM PST by Tacis (Democrats! - When You Need America Blamed Or A Pool Peed In!!)
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To: MizSterious

I haven noticed Claudia all over TV this weekend, pushing this story.


14 posted on 01/16/2005 8:57:29 AM PST by Howlin (I need my Denny Crane!)
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To: Brian Mosely

Pollner donated $2,000 to Kerry's campaign. Naturally.


15 posted on 01/16/2005 8:58:37 AM PST by Peach (The Cl intons pardoned more terrorists than they ever captured or killed.)
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To: nwrep

I wonder how does giving $2000.00 make one a major donor ?


16 posted on 01/16/2005 9:06:05 AM PST by stylin19a (Marines - end of discussion)
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