US businessman gets fine, probation in UN oil-for-food probe
AP , New York: Apr 24 2008
Made Popular Apr 24 2008

An Iraqi-American businessman who admitted helping Saddam Hussein’s government in the oil-for-food scandal has been fined $300,000 and sentenced to probation.

A federal judge in Manhattan says Samir A. Vincent provided substantial assistance to the U.S. government after his arrest. The oil trader from Virginia testified at two trials _ including one that was interrupted when Texas oilman Oscar Wyatt pleaded guilty to conspiracy.

Vincent operated a company called Phoenix International.

The United Nations oil-for-food program produced an estimated $67 billion for humanitarian needs in Iraq. But a CIA report says it also was used by Saddam to generate kickbacks that totaled another $1.7 billion.

Add Images and Videos
Close X
Recommended Tags or Keywords
Search by Tags or Keywords
Selected Media ( You can Upload only Six media )
Manual Upload
Sorry, no media found for this combination of tags. Try to search minimum number of tags at once
Add your Comment