An official report released Thursday (Oct. 27) names Automobiles Peugeot, Renault SA, DaimlerChrysler AG and Volvo Construction Equipment Group International AB among companies that provided kickbacks to Saddam Hussein’s Iraqi regime to participate in the now scandal-ridden United Nation’s Oil-for-Food program. The U.N.-established Independent Inquiry Committee, led by former U.S. Federal Reserve chief Paul Volcker, names the European OEMs among some 2,200 companies worldwide said to have ...
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