October 03, 2014
The Republic of Iraq urged the full Second Circuit on Thursday to rehear a split decision in a $10 billion racketeering suit seeking to hold Chevron Corp., Daimler AG, BNP Paribas SA and dozens of other multinationals responsible for alleged misappropriations of U.N. Oil For Food funds.
February 06, 2013
A New York federal judge on Wednesday tossed out Iraq's $10 billion racketeering lawsuit accusing multinational companies of paying kickbacks and helping Saddam Hussein defraud a United Nations oil-for-food program, finding the Middle Eastern nation shared responsibility for the Hussein regime's actions.
October 26, 2012
Iraq cannot bring its $10 billion lawsuit against multinationals that allegedly helped Saddam Hussein steal money via the Oil-for-Food program, the companies argued Friday, saying he was the legal representative of the country during the corruption.