Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Total fined over oil-for-food case in Iraq

Iraq
A British oil worker is grabbed by angry Iraqis at the Schlumberger camp

French oil giant Total has been fined EUR750,000 for corrupting foreign officials relating to the United Nations’ Iraqi oil-for-food programme.

The conviction overturns an earlier acquittal over the French oil giant’s role in the scandal.

French prosecutors had appealed in 2013 after a lower court cleared the oil group and all other defendants accused of funneling proceeds from UN-authorised oil sales to former president Saddam Hussein’s government via intermediaries, in defiance of international sanctions.

Under the 1996-2003 program, Iraq was allowed to sell oil in exchange for goods that met basic humanitarian needs, including food and medicines.

But an independent inquiry, led by the former US Federal Reserve chairman Paul Volcker, disclosed in 2005 that Baghdad had used the trades to solicit hidden surcharges from oil purchasers.

Between 2000 and 2002, Hussein’s regime collected $228 million in illicit payments from 2,200 companies in 60 countries, according to the report – part of an estimated $11 billion haul from sanctions-busting and kickbacks over more than a decade until the 2003 U.S.-led invasion of Iraq.

Recommended for you

More from Energy Voice

Latest Posts