For many conservatives, the U.N.’s oil-for-food scandal was an assault on all that is good and holy. In a nutshell, Saddam Hussein took advantag
May 8, 2007

For many conservatives, the U.N.’s oil-for-food scandal was an assault on all that is good and holy. In a nutshell, Saddam Hussein took advantage of a U.N. program in which Iraq would sell oil and use the revenue for food, medicine, and humanitarian goods, as exceptions to a trade embargo imposed after the first Gulf War. Saddam, however, received illegal kickbacks on the oil sales, which he transferred to private accounts.

And who was giving Saddam the illegal kickbacks? According to a New York Times report, Chevron is poised to announce that it should have known about the kickbacks that were being paid to Saddam.

If only Chevron had some kind of internal policy committee, as part of the company’s board of directors, with a knowledgeable expert responsible for looking out for these kinds of problems. Oh wait, it did — and it was led by Condoleezza Rice.

According to the Volcker report, surcharges on Iraqi oil exports were introduced in August 2000 by the Iraqi state oil company, the State Oil Marketing Organization. At the time, Condoleezza Rice, now secretary of state, was a member of Chevron’s board and led its public policy committee, which oversaw areas of potential political concerns for the company.

Ms. Rice resigned from Chevron’s board on Jan. 16, 2001, after being named national security advisor by President Bush.

As Digby’s put it: "Hullabaloo is proud to present another episode of 'Imagine If This Were A Democrat' this week starring Condoleezza Rice...."

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

We are currently migrating to Disqus

On May 14, 2022, we started migrating our comments from Insticator back to Disqus. During this transition period, some posts will have Insticator and some Disqus. For more information on the transition, as well as information regarding old C&L accounts, please see this post.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.