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Tuesday, October 19, 2004 12:54:40 AM

Re: GordonGekko99 post# 74295

Post# of 495952
UN Fails "Global Test"

UN oil for food chief faces inquiry into property deals

BY Damien McElroy and Charles Laurence in New York
TELEGRAPH UK

American prosecutors are preparing charges against Benon Sevan, the former head of the United Nations oil for food programme, who has been accused of accepting millions of dollars in kickbacks from Saddam Hussein's regime.

Congressional investigators examining alleged corruption in the programme disclosed that Mr Sevan's diplomatic immunity would not prevent an indictment being issued. Mr Sevan has consistently denied any wrongdoing.


Benon Sevan: denial
"We have tried to find out what part he had and we've been working to lift the lid on what he did," said one official on the US Congress International Relations committee. "My understanding is that we can indict him without lifting diplomatic immunity. That's what we did with Noriega."

Gen Manuel Noriega, the Panamanian leader, was indicted in 1988 by a federal grand jury in Miami for drug trafficking. He had allowed the Medellin cartel to launder money and build cocaine laboratories in Panama.

Former officials in Iraq's state oil company, Somo, have alleged to investigators reporting to the International Relations committee that Mr Sevan was "sacked" on Saddam's orders in 2001 for failing to keep promises to campaign on ending sanctions.

"The basic understanding of these officials is that Saddam felt short-changed by this guy who took the money but did not deliver," said one committee staffer.

Mr Sevan had been due to retire this year until a committee was appointed to investigate allegations that he had taken kickbacks from Saddam's regime. In his native Cyprus last week, he denied that he was running away from his accusers.

"These people are digging, digging. That's nothing to do with me," he said from his five-star hotel. "Cyprus is my home. I'm here because I want to be here. I've made my statement and stand by it. It's not for me to comment on anything else."

A spokesman for the Southern district of Manhattan's federal prosecutor's office said it was "too early" to comment on its indictment efforts over Mr Sevan. Officials are, however, examining the diplomat's extensive property portfolio in the United States.

According to records, properties registered in his name include a flat in Manhattan, a house in the Hamptons on Long Island, a house in the nearby district of Rye, and a house on New Jersey's "Gold Coast". The Congressional official said: "It's an issue that he has property in the Hamptons and Manhattan."

A second Congressional official said that the US hoped to recover some of the funds allegedly siphoned off from the now-defunct oil sales programme, which was designed to alleviate shortages of basic goods in Iraq as a result of sanctions.

He said: "Our priority is to recover as much money as we can for Iraq, for various reasons, because they need the money and every dollar they have is a dollar we don't have to put in there."

A CIA report published earlier this month claimed that Mr Sevan was allocated vouchers by Saddam to sell 7.3 million barrels of Iraqi oil through a Panamanian-registered company. Quoting "high-level sources", the report said: "Sevan never received his oil allocation in person. Sevan's vouchers were always picked up by Fakhir Abdul Noor, an Egyptian now residing in Switzerland and connected to the African Middle East Petroleum Co, who would sign documents on Sevan's behalf and pick up his allocation."

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