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December 13, 2004

The Legacy That Keeps On Giving: Marc Rich "Central Figure" in Oil-For-Food Scam

I didn't post this earlier because, really, what is there to say at this point?

But just in case you missed it:

Billionaire Marc Rich has emerged as a central figure in the U.N. oil-for-food scandal and is under investigation for brokering deals in which scores of international politicians and businessmen cashed in on sweetheart oil deals with Saddam Hussein, The Post has learned.

Rich, the fugitive Swiss-based commodities trader who received a controversial pardon from President Bill Clinton in January 2001, is a primary target of criminal probes under way in the U.S. attorney's office in New York and by Manhattan District Attorney Robert Morgenthau, sources said.

"We think he was a major player in this β€” a central figure," a senior law-enforcement official told The Post.

Investigators are looking into a series of deals that took place in the months after his pardon from Clinton. If criminal wrongdoing is established in these deals, he could be subject to prosecution.

Here's one guy who's really, really, really hoping for Hillary Clinton in '08.

And just in case anyone's forgotten:

In January 2001, in the final hours his presidency, Clinton bypassed law-enforcement and intelligence agencies to wipe the books clean for Rich after being subjected to intense lobbying from former Israel Prime Minister Ehud Barak and Rich's jet-setting ex-wife, Denise, who donated more than $1 million to Democratic campaigns β€” including Sen. Hillary Rodham's first Senate race β€” along with an additional $450,000 to Clinton's library fund.

Investigators still do not know how recipients of the vouchers led to Rich, but say his relationship with Saddam goes back more than a decade.

Prosecutors are also examining the theory that Denise Rich has big fat fake plastic boobies, and may be a talentless & tasteless gold-digger of some kind.

If you can believe such irresponsible allegations.


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posted by Ace at 11:40 PM

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