UPDATE 1-Volvo says many firms paid to work in Saddam's Iraq

Newswire

(Adds Volvo CEO paragraphs 9-10, Atlas Copco comment 11-13) STOCKHOLM, Oct 28 (Reuters) - Truck manufacturer Volvo, cited in a U.N. report on kickbacks to Saddam Hussein's government, said on Friday it did not allow bribes but noted payments to work in Iraq were considered normal at the time. The U.N.-appointed panel investigating the oil-for-food programme said on Thursday that 2,200 companies, including Volvo, DaimlerChrysler and Siemens, had wittingly or unwittingly made payments ...

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