Tuesday, January 18, 2005

Oil-for-Food Charges

An AP story (Jan. 18) reports that Samir A. Vincent has been charged by criminal information in the Southern District of New York for his role in accepting secret commissions from the Iraqi government under Saddam Hussein to arrange transactions in the United Nations' oil-for-food program.  According to the story, "The charges were the first to be publicly revealed in the prove of allegations that administrators in the United Nations oil-for-food program took bribes and let Hussein skim money from the program."  The administration of the program has already implicated UN Secretary-General Kofi Annan's son, Kojo, in possible fraud and kickbacks, and the charge here is likely only the beginning.  Once the criminal information is made available it will be posted. (ph)

                                                                  

UPDATE: Vincent is charged with four crimes: conspiracy, being an unregistered agent of a foreign government, violating the International Emergency Economic Powers Act--which prohibits transactions with certain foreign governments--and tax evasion (thrown in for good measure).  The criminal information is available here on Findlaw.

http://lawprofessors.typepad.com/whitecollarcrime_blog/2005/01/oilforfood_char.html

Fraud, International, Prosecutions | Permalink

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