Posted on 10/22/2005 12:55:43 PM PDT by 68skylark
NEW YORK — The scandal engulfing the United Nations Procurement Department () now appears to be bottomless. It also shows signs of growing more sinister, especially where it involves a mysterious private company called IHC Services (), which did big business with the procurement department until it was removed from U.N. rosters in June.
New details of how dark the scandal could prove to be have emerged from the private sale of IHC on June 3, 2005, just as the procurement scandal was about to break. It now appears that while doing business with the U.N., IHC had links both to Saddam Hussein’s old sanctions-busting networks, and to a Liechtenstein-based businessman, Engelbert Schreiber, Jr., known among other things for his ties to a figure designated by the U.N. itself as a financier of Al Qaeda ().
Registered in New York State, with offices in New York City and Milan, IHC has been involved in possibly hundreds of millions of dollars' worth of business with the U.N. since the mid-1990s, serving both as a direct supplier and as a go-between for a wide variety of other contractors. This work has included IHC’s signing or helping to broker contracts for supplies ranging from portable generators to rations for U.N. peacekeeping troops in such trouble spots as West Africa and the Middle East.
IHC came under public scrutiny this summer, after FOX News broke the story on June 20 that IHC had maintained especially close ties with Alexander Yakovlev (), a Russian official in the U.N. procurement department, who while handling an IHC contract with the U.N. had obtained a job for his son with the company, and had also been channeling funds to a secret offshore bank account.
(Excerpt) Read more at foxnews.com ...
You will know we have a truly conservative President when the UN has been turned into the national monument of failure museum. But don't hold your breath until Jesus sets up shop.
Some very interesting comments/statements are coming out of the UN since Bolton arrived.
It played it's part in history by reinstating Israel...of course it's done it's best to squash it pretty much ever since.
How about New York uses the Kelo decision to raise the U.N. building to put up a Starbucks?
Thank God for Claudia Rossett and Fox News...they deserve a medal for not dropping this scandal
Yup. Pulitzer award quality work indeed
There is one thing a lot of people don't talk about, which I've pointed out repeatedly to Democrats and Liberals alike.
In 1996 Osama bin Laden was basically broke. He needed a state sponsor in order to carry out his jihad. He needed money, protection, and the ability to work independently from his sponsor. He considered Iraq, but Saddam Hussein is too much of a meddler and Osama wanted more independence. Afghanistan made an offer Osama couldn't refuse.
Osama now had protection and space to maneuver in. Now he needed money. In 1997 the Oil For Food program was conceived. In 1998 the program was corrupted almost immediately after it started up. Osama bin Laden and Saddam Hussein became flush with cash around the same time.
Now how suspicious is that?
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