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Saturday, January 14, 2006

DaimlerChrysler suspends 9 over oil-for-food scandal
Jaime Jansen at 5:24 PM ET

[JURIST] DaimlerChrysler [corporate website] has suspended nine managers allegedly involved in the UN oil-for food scandal [JURIST news archive] after a UN inquiry suspected them of paying bribes to secure business delivery trucks to the government of former Iraqi ruler Saddam Hussein [JURIST news archive]. German prosecutors conducted their own investigation of DaimlerChrysler when the UN inquiry mentioned the sale of a vehicle to Iraq. The independent inquiry into the oil-for-food program released its final report [JURIST report] in October, identifying kickbacks and other illicit payments totaling $1.8 billion with approximately 4,500 companies involved worldwide. AAP has more.






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