The Trial of Saddam Hussein and The Fallout of The War

The Trial of Saddam Hussein


The fallout in the Middle East from the regime change in Iraq

Wednesday, May 23, 2007

The Cost of Kick Backs

Australian wheat exporter AWB Ltd is now suffering "payback", for the kick back allegations that engulfed it.

First-half profits fell 72%, to $9.7M, the company blamed Australia's worst drought in 100 years and costs from a scandal related to kickbacks to Iraq to win wheat contracts.

AWB paid $2.2M towards the cost of a government inquiry into the kickbacks scandal.

The Australian government has promised to reform the Australian wheat market after an inquiry last year concluded that AWB paid $220M in kickbacks to Saddam Hussein's regime between 1999-2003, to secure lucrative wheat contracts under the discredited U.N. oil-for-food scheme.

What goes around, comes around!

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