U.S. Farmers Sue Australian Rival Over Oil-For-Food

Law360, New York (April 17, 2007, 12:00 AM EDT) -- Wheat farmers in the U.S. have filed a lawsuit that could top $100 million in damages against disgraced Australian wheat seller AWB Ltd., claiming that the millions of dollars in bribes it paid the Saddam Hussein regime in the United Nations’ Oil-for-Food program significantly harmed their sales.

The proposed class action, filed Monday in the U.S. District Court for the Southern District of New York, accuses AWB and its U.S. subsidiary of violating federal antitrust and racketeering laws for paying the Iraqi government about $224 million...
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