Saturday, July 26, 2008

State Department investigating Iraqi oil contracts

State Department investigating Iraqi oil contracts
By CHRISTINE SIMMONS, Associated Press
The State Department's inspector general is investigating Iraqi oil contracts after four Democratic senators complained that department employees may have encouraged lucrative oil deals between Iraq and several Western companies.
Any backstage meddling would have violated Bush administration policy, which has been to discourage such deals until Baghdad passes a law that will fairly divide the nation's oil resources among the various provinces.
A congressional official on Thursday confirmed the probe, speaking on condition of anonymity because it involved an investigation. It comes about a week after four Democratic senators called on Harold Geisel, the State Department's acting inspector general, to investigate the matter...
more...
http://www.politicalbase.com/news/state-department-investigating-iraqi-oil-contracts/107875/

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