What one minute. I thought the dirtbags involved in this disgraceful activity with Iraq were limited to France, Germany, Putin and everyone else who was against the US invasion of Iraq. The second largest oil company in America settles for $30 million to put this scandal behind them though it's much more of a whimper compared to the venom spewed by the media and administration just a few short years ago. Who would imagine that a good old Texas company was involved in such a program?
Chevron Corp (NYSE:CVX - News) agreed to pay $30 million to resolve criminal and civil liabilities related to procurement of oil under the United Nations oil-for-food program, U.S. prosecutors said on Wednesday.
Chevron, the No. 2 U.S. oil company, obtained Iraqi oil under the program from third parties that paid secret, illegal surcharges to the former government of Iraq, prosecutors said.
Chevron will not be prosecuted and will continue to cooperate with investigators, prosecutors said.
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