Iraq wants to hold BNP Paribas responsible for its corruption in UN Oil-for-Food program

The Iraqi Government has renewed its request to have BNP Paribas made responsible for its role in corruption in the scandal-ridden United Nations' Oil-for-Food programme, following their defeat in the courts in June this year. The programme had been established with the aim to help Iraqis deal with the consequences of an oil embargo first imposed after Iraq's 1990 invasion of its neighbour, Kuwait, and which remained in place for more than a decade until the US-led invasion of Iraq in 2003; throughout the programme's lifespan there were accusations of widespread corruption and abuse of the system. 

By Evan Weinberger (December 14, 2015, 12:26 PM EST) -- The Iraqi government on Friday renewed its quest to hold BNP Paribas SA responsible for its role in corruption that plagued the United Nations' Oil-for-Food program, which was put in place to aid Iraqi civilians while the country was under international sanctions during the Saddam Hussein regime....

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