Wednesday, February 02, 2005
CNN: Bush Allowed Saddam To Smuggle Oil
As CNN notes, this makes the alleged UN Oil-for-Food Scandal look positively insignificant in comparison:
Estimates of how much revenue Iraq earned from these tolerated side sales of its oil to Jordan and Turkey, as well as to Syria and Egypt, range from $5.7 billion to $13.6 billion. This illicit revenue far exceeds the estimates of what Saddam pocketed through illegal surcharges on his U.N.-approved oil exports and illegal kickbacks on subsequent Iraqi purchases of food, medicine, and supplies -- $1.7 billion to $4.4 billion -- during the maligned seven-year U.N. oil-for-food program in Iraq.
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