(November 16, 2004) The question of Yasser Arafat’s enigmatic funds is now developing into a full-fledged storm, the consequences of which could have an impact on the war on terrorism and its outcome.
(November 14, 2004) In his four decades as Palestinian leader, Yasser Arafat ran a murky financial empire that includes far-flung Palestine Liberation Organization investments in airlines, banana plantations and high-tech companies, and money hidden across the globe.
(November 11, 2004) Leaders of a U.S. subcommittee investigating allegations of fraud in the oil-for-food program in Iraq have accused the United Nations secretary general, Kofi Annan, of obstructing their inquiry.
(November 11, 2004) During his years as head of the Palestinian Liberation Organisation, experts say, large amounts of money donated, or raised through business and taxes, were paid directly into accounts in Mr Arafat’s own name.
(November 4, 2004) For months, most European leaders had barely concealed their preference for Sen. John Kerry. Moments after Kerry’s call to Bush to concede the election, however, they rushed congratulatory letters and calls to Washington.
(November 3, 2004) Iraq’s dictator developed an aversion to using telephones and a penchant for writing novels as he sparred with the UN.
(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.