Article

2005-01-10 International-UN-NGOs

Gulf War victims overpaid by $5 billion: UN auditors

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Posted by Steve White 2005-01-10 1:17:35 AM|| || Front Page|| [10 views since 2007-05-07] Top

#1 Overpaid by $5Bn, huh? Now try to get it back. Lol!

Posted by .com 2005-01-10 1:34:03 AM|| 2005-01-10 1:34:03 AM|| Front Page Top

#2 "most of the money came from oil smuggling outside the UN programme"

Strangely enough, this does imply that the Oil for Food program was in fact, drumroll, smuggling.

Never mind the point of wondering, how do you smuggle 21B in oil outside of highly monitored things like pipelines and ships? In your sandy pockets?

Posted by Asedwich 2005-01-10 2:07:25 AM|| 2005-01-10 2:07:25 AM|| Front Page Top

#3 The United Nations overpaid by as much as $5 billion to individuals, companies and Gulf states for losses in Iraqâs 1990 invasion and occupation of Kuwait, auditorsâ documents showed on Sunday.

Sooo....what's the plan, if any, to rectify this?

(besides wasting more money)

Posted by Bomb-a-rama 2005-01-10 10:09:41 AM|| 2005-01-10 10:09:41 AM|| Front Page Top

#4 how do you smuggle 21B in oil outside of highly monitored things like pipelines and ships

With ships? Load cargo and while enroute, send to different destination with new manifest showing a different port of origin. Yes, it's still Iraqi crude, but as long as the paperwork is okay...

A more extreme method would be selling the ship company (most ships have their own, individual, company for insurance and tax reasons) to a new owner/holding company.

The ship and cargo get new owners, the ship gets renamed, perhaps reflagged and the manifest origin is changed. Sounds extreme, but a VLCC's cargo is worth plenty. There are reports such actions ocurred in the mid 70's.

Posted by Pappy 2005-01-10 7:01:24 PM|| 2005-01-10 7:01:24 PM|| Front Page Top

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