Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


3 posters

    Iraq oil-for-food trial opens in France Reuters News

    Rocky
    Rocky
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    Posts : 281112
    Join date : 2012-12-21

    Iraq oil-for-food trial opens in France Reuters News  Empty Iraq oil-for-food trial opens in France Reuters News

    Post by Rocky Mon 21 Jan 2013, 4:47 pm

    Iraq oil-for-food trial opens in France Reuters News


    1 - 21 - 2013

    (Reuters) - The head of French oil giant Total (TOTF.PA) and a former cabinet minister appeared in court on Tuesday on charges related to corruption in the United Nations oil-for-food programme in Saddam Hussein's Iraq.

    Total, Chief Executive Christophe de Margerie, Swiss oil trading firm Vitol and ex-interior minister Charles Pasqua, as well as 16 other individuals, face various charges ranging from corruption to influence peddling or complicity.

    The oil-for-food programme operated in Iraq between 1996 and 2003 and was meant to ease the suffering of the Iraqi people by allowing the country to sell some of its oil, despite the embargo imposed after the first Gulf War.
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    According to a U.N. report, the programme gave rise to graft on an international scale, amounting to billions of dollars.

    A French investigating magistrate decided to send Total, Margerie, Pasqua and the other defendants to court against the advice of the French public prosecutor's office, which answers to the justice ministry.

    The opening day of the trial was dominated by procedural issues with defence lawyers submitting questions about the constitutionality of the charges. For example, Vitol's lawyer Olivier Metzner said his client had already been convicted over oil-for-food offences in a New York court.

    The court will rule on Tuesday as to whether these questions will be referred to the French court of cassation - which could delay the trial - or whether cross-examination will begin.

    Total faces charges of bribery, complicity and benefiting from influence peddling, all of which it has denied.

    Margerie is accused of complicity in the misuse of corporate assets and risks up to five years in jail and a fine of 375,000 euros (315,414 pounds). He has said he will not comment and Total said on Monday he would not speak to the media during the trial.

    Pasqua has denied the charges.



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    Neno
    Neno
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    Age : 61
    Location : Lone Star State

    Iraq oil-for-food trial opens in France Reuters News  Empty Re: Iraq oil-for-food trial opens in France Reuters News

    Post by Neno Mon 21 Jan 2013, 4:55 pm

    Was so glad to see the Total's leave our area. Didn't know tho about the dealing with Saddam and the Total owner. As TA use to say, Burn'Em,.....
    notazbad2000
    notazbad2000
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    Posts : 5132
    Join date : 2012-12-19
    Age : 61
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    Iraq oil-for-food trial opens in France Reuters News  Empty Re: Iraq oil-for-food trial opens in France Reuters News

    Post by notazbad2000 Tue 22 Jan 2013, 5:46 am

    It's about time they got around to this!


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    The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
    Martin Luther King Jr., Strength to Love, 1963


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