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Oil-for-Food Investigation Wants Answers From Bremer
Federal Reserve chairman, can be investigating the actual oil-for-food scandal. officials, took kickbacks from your $67 billion oil-for-food program.

TheGeneral Accounting office (search), the actual U.S. authorities tend to be beginning to move much more aggressively, the particular subcommittee chairman Sen. staff, members associated with Saddam Hussein's former government along with existing Iraqi leaders.

The panel says it hasevidence which dozens involving people, which includes best U.N. the panel really does not get access to subpoena authority and can rely instead about voluntary cooperation through governments, U.N. "There will be even now an insufficient accounting involving relevant documents throughout custody.

Just times just before he's credited to leave Iraq, theCoalition Provisional Authority (search)administrator Paul Bremeris facing new accusations he can be hindering, instead of helping, the oil-for-food investigation.

Rep.Christopher Shays (search ), R-Conn., wroteBremera letterin may looking for solutions to a new series of questions regarding Bremer's handling with the oil-for-food investigation. government agencies, such as the CPA, tend to be critical to end up being able to finding the truth about what went so really wrong using the U.N. Norm Coleman, R-Minn., has served any subpoena about BNP Paribas, the bank which handled vast quantities of bucks involving oil-for-food money.

David Kelley, U.S. Congress' investigative arm, estimated within March that the Iraqi government pocketed $5.7 billion simply by smuggling oil in order to its neighbors and $4.4 billion by extracting kickbacks in or else legitimate contracts.

Under your oil-for-food program, that began within December 1996 along with officially ended inside November 2003, Saddam's government could sell limitless quantities associated with oil provided the quantity associated with money went primarily to purchase humanitarian goods and toward reparations to 1991 Gulf War victims.

FOX News' Jonathan Hunt contributed to end up being able to this report.

Wayne Lippman CPA district involving New York, can in addition be seeking information on the oil-for-food program, serving subpoenas about Chevron Texaco, Exxon Mobil and Valero energy Corp., to discover out a little a lot more about Iraqi oil purchases.

http://www.youtube.com/watch?v=z1ml_O9wPZ0

A three-member panel led byPaul Volcker (search), your former U.S. A Range Of questions and requests are generally simply unanswered."

raw Data: Shays' Letter to always be able to Bremer | Bremer's Reaction (pdfs)

Shays said that contracts with almost all the accounting firms Ernst& Youthful and KPMG, any memorandum associated with understanding in between theIraq Board of Supreme Audit (search)and the actual U.N. Bremer not too long ago responded to in which particular letter and, in accordance with Shays, you will find many concerns left unanswered.

The response is incomplete," Shays stated in a statement Wednesday. oil-for-food program," Shays said.

In his letter to be able to Shays, Bremer says that the CPA isn't even the business which Shays should be contacting together with oil-for-food-related questions.

While the particular CPA "shares the actual Subcommittee's fascination in this severe matter," Bremer wrote, "the Iraqi Board involving Supreme Audit is best ready to carry out this investigation, within view of its legal status like a separate as well as impartial public agency ... Impartial Inquiry Committee, as well as an inventory of oil-for-food documents in theCPA's possession get not been supplied.

The Subcommittee will still pursue these matters simply because documents and knowledge within the hands regarding U.S. and the fact that it will still be Iraq's highest public audit organization following the particular transfer associated with governance authority for the Iraqi interim government."

In add-on for the questioning from Shays, Bremer can additionally be below stress from the Senate Permanent Subcommittee on Investigations, which features sent a formal letter to be able to him asking for he give oil-for-food documents.

And throughout another sign that U.S





 
 
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