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Keyword: masefield

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  • Oil-for-food Scandal: Link between Natwar, Congress Party and Marc Rich emerges

    11/12/2005 12:02:14 AM PST · by Dyaus Pitar · 9 replies · 1,123+ views
    New Delhi: The oil deals in which Natwar Singh and the Congress party are allegedly "non-contractual beneficiaries" could have direct and indirect links with Marc Rich, an American fugitive who faced a potential 300 years in prison. Marc Rich was most controversially pardoned by President Bill Clinton in 2001. According to the Volcker report, the contracting party in both contracts (M/09/54 in the case of Natwar Singh and M/10/57 in the case of Congress party) was Masefield AG, an oil trading company based in Zug, Switzerland. The Masefield Group's website merely says that it privately-owned and based in Zug, but...