Exactly how costly is ‘priveleged position’ in Iraq?

Oscar Wyatt

Apparently, in this day and age, some people would still sell their soul to the devil, as prosecutors will attempt to prove Texas oilman Oscar Wyatt did when paying millions of dollars in kickbacks to Saddam Hussein’s government.

From Reuters:

Texas oilman accused of paying Iraq kickbacks

NEW YORK (Reuters) – Prosecutors promised on Monday to prove that Texas oilman Oscar Wyatt paid millions of dollars in kickbacks to Saddam Hussein’s government, earning him a privileged position in Iraq.

Assistant U.S. Attorney Stephen Miller told jurors at opening arguments of Wyatt’s trial that prosecutors would present photos, audio tapes, bank records, U.N. records and Iraqi government records proving Wyatt paid kickbacks to win Iraqi oil contracts .

“Oscar Wyatt’s years of assistance to the Hussein regime earned him a privileged status in Iraq,” Miller said.

Wyatt, an 83-year-old self-made oil tycoon, faces five counts in Manhattan federal court including engaging in prohibited financial transactions with Iraq, deals alleged to have violated the U.N. oil-for-food program designed to provide humanitarian assistance to Iraq while it was under international sanctions

Read Full Story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s