U.N.: 2,200 Cos. Gave Iraq Illicit Funds: Financial News - Yahoo! Finance

U.N.: 2,200 Cos. Gave Iraq Illicit Funds: Financial News - Yahoo! Finance

Big surprise...

"The 623-page document exposed the global scope of a scam that allegedly involved such name-brand companies as DaimlerChrysler and Siemens AG, as well as a former French U.N. ambassador, a firebrand British politician and the president of Italy's Lombardi region."

"Among the individuals targeted in the report, investigators found that Jean-Bernard Merrimee, France's former U.N. ambassador, received $165,725 in commissions from oil allocations awarded to him by the Iraqi regime. He is now under investigation in France."