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French court acquits oil giant Total, top officials of corruption in Iraq oil-for-food program

PARIS - A French court on Monday acquitted oil giant Total SA, its chief executives and a raft of former French officials of corruption-related charges linked to the scandal-ridden U.N. oil-for-food program for Iraq. The across-the-board acquittal in the high-profile case came after a decade-long French investigation — and despite widespread international accusations that the U.N. program was rife with corruption and was thwarted to benefit Saddam Hussein's government.

Total and CEO acquitted in Iraq oil-for-food scandal

By Gérard Bon and Alexandria Sage PARIS (Reuters) - French oil giant Total <TOTF.PA> was acquitted on Monday of corruption charges related to the U.N. oil-for-food program in Iraq by a Paris criminal court. The court also cleared 18 individuals, including Total CEO Christophe de Margerie who was accused of misusing assets in the decade-old case into corruption in the program, in which an illicit $1.8 billion flowed to Saddam Hussein's government.

French court acquits Total in Iraq 'oil-for-food' corruption case

A French court on Monday acquitted energy giant Total, its chief executive, a former minister and more than a dozen other defendants of corruption charges in connection with Iraq's oil-for-food programme. The court ruled there had been no corruption, influence-peddling or misuse of assets linked with the $64 billion (50 billion euro) UN programme that allowed Iraq, then under crippling international sanctions, to sell limited quantities of oil to buy humanitarian supplies between 1996 and 2003.

French court acquits Total, officials in Iraq 'oil-for-food' case

A French court on Monday acquitted energy giant Total, its chief executive, a former minister and more than a dozen other defendants who had faced corruption charges in connection with Iraq's oil-for-food programme. The court ruled there had been no corruption or influence-peddling linked with the $64 billion (50 billion euro) UN programme that allowed Iraq, then under crippling international sanctions, to sell limited quantities of oil to buy humanitarian supplies between 1996 and 2003. at/mm/mfp

French prosecutor seeks $1 mln fine for Total over Iraq oil-for-food

By Chine Labbé PARIS, Feb 12 (Reuters) - Paris prosecutors asked a criminal court on Tuesday to fine French energy company Total 750,000 euros ($1 million) for corrupting foreign agents during the U.N. oil-for-food programme for Iraq a decade ago. At the same time, prosecutor Ariane Amson said she doubted that Chief Executive Christophe de Margerie was guilty in the affair and was "not convinced" he was complicit in the misuse of corporate assets.

UPDATE 2-U.S. judge throws out Iraq lawsuit over UN aid program

* Iraq says companies conspired with Saddam Hussein regime * Citizens said to be deprived of food, medicine, supplies * Kickbacks, surcharges found in 2005 report led by Volcker By Jonathan Stempel NEW YORK, Feb 6 (Reuters) - A U.S. judge on Wednesday dismissed Iraq's lawsuit accusing dozens of companies of conspiring with Saddam Hussein's regime to frustrate the United Nations' oil-for-food program, and depriving Iraqis of roughly $10 billion of essential aid.

CORRECTED-CEO denies knowing Total bought illegal oil in UN scandal

(In sixth paragraph, corrects figure to $228.8 million, instead of "billion") * Total head says didn't know about illegal allocation system * Vitol in spotlight, accused of corrupting foreign agents By Chine Labbé and Alexandria Sage PARIS, Feb 5 (Reuters) - The chief executive of Total told a French court on Tuesday he had no knowledge that the French oil giant was buying illegally procured oil during the United Nations oil-for-food programme over a decade ago.
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