(November 1, 2004) It’s hard to justify asking an oppressed people to pay debts incurred by a tyrant in the process of oppressing them.
(November 1, 2004) Until now, there has been no concrete evidence that James Baker’s loyalties are split, or that his power as Special Presidential Envoy on Iraq’s debts has been used to benefit any of his corporate clients or employers.
(October 23, 2004) UN Secretary General Kofi Annan said the scandal around UN-supervised Iraqi oil sales under Saddam Hussein was hurting the image of the United Nations, as an independent body probing the program named 4,734 participating companies.
(October 18, 2004) American prosecutors are considering charges against Benon Sevan, the former head of the U.N. oil-for-food program, who has been accused of accepting millions of dollars in kickbacks from Saddam Hussein’s regime.
(October 15, 2004) The Carlyle Group, a large investment firm linked to US and British politicians, has pulled out of a scheme to recover billions of dollars from Iraq, after documents came to light detailing the secret proposals of a consortium with which it was involved.
(October 15, 2004) High-profile author-activist Naomi Klein this week alleged a consortium, involving a US investment firm linked to President George Bush’s Iraq debt envoy, James Baker, had offered to use its influence to help Kuwait collect $27 billion in reparations from Iraq.
(October 14, 2004) The Carlyle Group yesterday said it was not part of a consortium that touted its political ties in an attempt to win business collecting and managing billions of dollars owed to Kuwait by Iraq.
(October 14, 2004) Japan’s top financial diplomat on Thursday said Tokyo wants the vast majority of Iraq’s debt to be written off, but did not specify an exact percentage.
(October 14, 2004) An investigation into corruption within the UN’s oil-for-food programme for Iraq will be funded with $30 million (£17m) from the programme itself. UN Secretary-General Kofi Annan announced the money would be put into an account dedicated to the inquiry.
(October 13, 2004) Naomi Kline revealed today that James Baker has serious conflicts as regards Saddam’s debt. Jubilee Iraq has been critical of Baker’s involvement in this issue since his appointment last December. The latest revelations are particularly shocking, but are in harmony with the odious nature of the original loans to Saddam.
(October 13, 2004) The exact amount of the Iraqi debt to Russia has not been established so far, which makes it impossible to adopt any resolutions on writing it off, Sergei Kirpichenko, ambassador at large of the Russian Foreign Ministry, told reporters.
(October 13, 2004) Iraq’s acting deputy leader pleaded with donors Wednesday to fulfill their promises of aid to help rebuild his war-ravaged nation.
(October 11, 2004) The U.S. should cut off all contributions to the United Nations until it cooperates fully in exposing what may well be the biggest criminal enterprise in history: editorial.
(October 10, 2004) The Iraqi foreign debt is the most visible remaining symbol of international complicity with Saddam Hussein’s bloody reign.
(October 8, 2004) Saddam Hussein courted a world of nations, firms, and individuals.