AWB Head Resigns

Andrew Lindberg the MD of the Australian firm, AWB, which is accused of paying bribes to the former Iraqi regime has resigned (effective April).

An inquiry is currently investigating claims that AWB paid over $200M to Saddam Hussein's regime, as part of the UN oil-for-food programme.

AWB denies any wrongdoing, but an earlier investigation by the UN said it should have known the money was going into the pockets of Iraqi ministers.

The allegations have provoked further allegations in Australia, that the government knew about the kickbacks; they have denied this.