General Electric to pay $23.4m over 'oil-for-food' corruption charges The Independent | The reckoning for rampant corruption under the United Nation's "oil-for-food" programme in Iraq under Saddam Hussein reached the icon of American capitalism, General Electric, which agreed to pay $23.4m to settle charges - without admitting or denying them - under US bribery laws. | The scandal, i...
US crude likely to average $79.44 this year Gulf News | London: US crude oil is expected to average $79.44 a barrel in 2010, a Reuters poll showed yesterday, a slight decline from the June poll and the third consecutive lower monthly forecast. | The poll of 31 analysts, banks and government agencies showed a lower consensus forecast, and responden...
GE reaches $23.5 mn settlement on Iraq bribe charges The Times Of India NEW YORK: Business Conglomerate General Electric will shell out $23.5 million to US market regulator SEC to settle charges that it was involved in illegal payments to Iraqi government agencies. | The Securities and Exchange Commission (SEC) had filed...
US military clamps down on firms employing citizens from countries banning travel to Iraq Star Tribune | BAGHDAD - The U.S. military said Wednesday it is clamping down on contracting firms on American military bases using employees whose home countries ban travel to Iraq, raising questions about why the contractors were allowed to work in the country ...
US military investigates contractor work force The Miami Herald | BAGHDAD -- The U.S. military said Wednesday it is clamping down on contracting firms on American military bases using employees whose home countries ban travel to Iraq, raising questions about why the contractors were allowed to work in the country...
US military investigates contractor work force Wtop By REBECCA SANTANA | Associated Press Writer | BAGHDAD (AP) - The U.S. military said Wednesday it is clamping down on contracting firms on American military bases using employees whose home countries ban travel to Iraq, raising questions about why th...
North Iraq hotel fire kills 28, half foreigners Houston Chronicle | BAGHDAD - A fire in a five-story hotel in northern Iraq killed 28 people, half of them foreigners, in a harrowing blaze that forced several victims to jump to their deaths to esc...
UK firm Octel bribed Iraqis to keep buying toxic fuel additive The Guardian | Exclusive: Officials in Iraq were bribed to overlook effects of leaded petrol on children's health The men who traded in toxins: the bribery trial behind the export to Iraq of a ...
GE settles with SEC over Iraq oil-for-food kickbacks Orlando Sentinel THE CHARGES: The SEC says General Electric Co. subsidiaries paid kickbacks to Iraqi ministries between 2000 and 2003 in return for contracts to supply medical and water equipment. | THE PAYOFF: The subsidiaries allegedly gave cash and goods worth $3....
GE settles with SEC over Iraq oil-for-food kickbacks Star Tribune | THE CHARGES: The SEC says General Electric Co. subsidiaries paid kickbacks to Iraqi ministries between 2000 and 2003 in return for contracts to supply medical and water equipment. | THE PAYOFF: The subsidiaries allegedly gave cash and goods worth $...
US Congress approves new funding for Afghan war BBC News The US House of Representatives has approved funds to pay for President Barack Obama's increase in US troop numbers in Afghanistan. | The 308 to 114 vote comes at a time when some lawmakers are growing sceptical about the nine-year-old war. | The bill, which Mr Obama will sign into law, provides roughly $59bn (£45.4bn) for 30,000 more troops in Af...
