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Keyword: oilmen

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  • Texas oilman, two Swiss businessmen charged in U.N. scandal

    10/21/2005 8:04:14 PM PDT · by kcvl · 54 replies · 8,194+ views
    NEW YORK (AP) — A Texas oil mogul and two Swiss business executives were charged Friday with paying millions in kickbacks to Saddam Hussein's regime in the latest indictment to come out of the U.N. oil-for-food scandal. Oscar S. Wyatt Jr., founder and former chairman of Coastal Corp., was arrested at his home in Houston. The U.S. government was seeking the extradition of oil traders Catalina del Socorro Miguel Fuentes and Mohammed Saidji from Switzerland. The United Nations set up the oil-for-food program in the 1990s as part of an effort to punish Saddam's regime without making the Iraqi people...