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Oil-for-Food Programme
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===Operation of the scheme=== The scheme is alleged to have worked in this way: individuals and organizations sympathetic to the Iraqi regime, or those just easily bribed, were offered oil contracts through the Oil-for-Food Programme. These contracts for Iraqi oil could then be sold on the open world market and the seller was allowed to keep a transaction fee, said to be between $0.15 and $0.50/barrel (0.94 and 3.14 $/m<sup>3</sup>) of oil sold. The seller was then to refund the Iraqi government a certain percentage of the commission. Contracts to sell Iraq humanitarian goods through the Oil-for-Food Programme were given to companies and individuals based on their willingness to kick back a certain percentage of the contract profits to the Iraqi regime. Companies that sold commodities via the Oil-for-Food Programme were overcharging by up to 10%, with part of the overcharged amount being diverted into private bank accounts for Saddam Hussein and other regime officials and the other part being kept by the supplier. The involvement of the UN itself in the scandal began in February 2004 after the name of [[Benon Sevan]], executive director of the Oil-for-Food Programme, appeared on the Iraqi Oil Ministry's documents. Sevan received vouchers for at least 11,000,000 barrels (1,700,000 m<sup>3</sup>) of oil, worth some $3.5 million in profit. Sevan denied the charges.
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