South African President Jacob Zuma said there are no legal means to prosecute traders for paying bribes to win Iraqi oil contracts under the United Nations’ oil- for-food program that operated before 2003.
Zuma closed an investigation into trader Sandile Majali, citing loopholes in local laws. Majali was named in a UN probe that found 2,253 companies paid illegal kickbacks to Iraq to win business from the program designed to enable Saddam Hussein’s government to sell oil to pay for...More
published:02/09/2010 07:34 GMT
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