Firm Named in Saddam list

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Oct 15, 2003
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A Scottish engineering company has been named in a list of firms accused of violating the United Nations' Oil-For-Food programme.

Glasgow-based Weir Group has been accused of making payments to Saddam Hussein's regime.

A UN investigation has found that 2,000 firms were involved in bribes and surcharges to the Iraqi government, according to reports.

The companies are said to have either knowingly made the payments or caused them to be made through an agent.

The Weir Group, which makes pumping equipment and pipelines, is accused of making £2.5m in illicit payments from 16 contracts.

A company statement said: "We have not had a chance to review this in detail.

"However we are concerned that the IIC (Independent Inquiry Committee) has identified documents that we were not aware existed.

"We will now consider this new information and the report in detail and decide any further action to be taken."

The Oil-For-Food programme was introduced in 1995 after the UN imposed trade sanctions on Iraq following its invasion of Kuwait five years earlier.

It allowed Iraq to export oil provided the cash earned was used for food and medicine.
 

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