report on programme manipulation - Independent Inquiry Committee

More documents

Recommendations

Info

INDEPENDENT INQUIRY COMMITTEE INTO THE UNITED NATIONS OIL-FOR-FOOD PROGRAMME REPORT ON PROGRAMME MANIPULATION CHAPTER TWO OIL TRANSACTIONS AND ILLICIT PAYMENTS when transferring funds to Jabal and Petrocorp. Meanwhile, between August 2001 and December 2002, Petrocorp and Jabal transferred at least $4.2 million and €5.2 million to SOMO, again under names such as “Salim Ahmad” and “Murice Rizli.” 273 All of the wire transfers from Taurus Nevis to the Alcon and Fenar accounts, and from Alcon and Fenar to the Jabal and Petrocorp accounts, contained references to ships used to lift oil purchased under SOMO contracts and to payments for “loading fees.” Mr. Schenker directed ReviTrust to transfer funds from the Alcon and Fenar bank accounts to pay for invoices that were forwarded to ReviTrust from Taurus. According to one ReviTrust official, an account officer at BNP Geneva requested a copy of these invoices. One of the initial invoices sent included a reference to “commissions,” which elicited a request by a BNP officer that the word “commission” be changed to “loading fees” in future invoices. 274 273 ReviTrust record, Fenar internal accounting spreadsheet (undated); ReviTrust record, Alcon internal accounting spreadsheet (undated); Patrick Hilty interview (Apr. 13, 2005); BNP Geneva record, Fenar account, credit advices (Sept. 17, 2001 to Nov. 25, 2002); BNP Geneva record, Alcon account, credit advices (Aug. 28, 2001 to Nov. 25, 2002); BNP Geneva record, Fenar account, debit advices (Sept. 25, 2001 to Nov. 29, 2002); BNP Geneva record, Alcon account, debit advices (Aug. 31, 2001 to Nov. 16, 2002); First National Bank record, Petrocorp account, debit advices (Oct. 10, 2001 to Dec. 9, 2002) (reflecting the transfer of €1.5 million and $2 million to SOMO); First National Bank record, Jabal account, debit advices (Aug. 11, 2001 to Nov. 2, 2002) (reflecting the transfer of €3.7 million and $2.2 million to SOMO). 274 BNP Geneva record, Fenar account, credit advices (Sept. 17, 2001 to Nov. 25, 2002) (referencing the Crude Tria, Kraka, Bosco Tapias, Crude Horn, Napa, Berge Phoenix, Olympia Spirit, Iria Tapias, Atalandi, Olympic Breeze, Crude Star, Gelibolu, Kristhild, Stena Concept, Nuria Tapias, Crude Med, Stena Constellation, and Ness); BNP Geneva record, Fenar account, debit advices (Sept. 25, 2001 to Nov. 29, 2002) (referencing the same vessels); ReviTrust record, Fenar invoices to Taurus Nevis (Sept. 11, 2001 to Nov. 18, 2002) (referencing the same vessels); ReviTrust record, Petrocorp invoices to Fenar (Aug. 30, 2001 to Oct. 12, 2002) (referencing the same vessels); BNP Geneva record, Alcon account, credit advices (Aug. 28, 2001 to Nov. 25, 2002) (referencing the Sharvan, Dorset, Front Champion, Crude Horn, Napa, Crude Star, Crude Med, Venetia, Eaton, Berge, Ingerid, Pride Independence, Ancona, Orient Tiger, Karvounis, Unicorn, Seasong, Tamara, Berge Boss and Stena Constellation); BNP Geneva record, Alcon account, debit advices (Aug. 31, 2001 to Nov. 16, 2002); ReviTrust record (Alcon invoices to Taurus Nevis) (Aug. 17, 2001 to Nov. 18, 2002); Jabal invoices to Alcon (Aug. 16, 2001 to Oct. 15, 2002); Patrick Hilty interview (Apr. 13, 2005); SOMO commercial invoices, b/112/2001 (July 20, 2001), b/154/2001 (Sept. 13, 2001), c/123/2001 (Sept. 7, 2001), b/128/2001 (Aug. 8, 2001), b/111/2001 (July 19, 2001) b/216/2001 (Nov. 25, 2001), b/225/2001 (Dec. 12, 2001), b/194/2001 (Oct. 28, 2001), b/196/2001 (Oct. 30, 2001), b/159/2001 (Oct. 26, 2001), c/136/2001 (Sept. 24, 2001), b/92/2002 (May 22, 2002), b/19/2002 (Jan. 28, 2002), b/240/2001 (Dec. 31, 2001), c/6/2002 (Jan. 12, 2002), b/8/2002 (Jan. 16, 2002), b/7/2002 (Jan. 15, 2002), b/140/2002 (Aug. 12, 2002), b/129/2002 (Sept. 30, 2002), b/123/2002 (Sept. 24, 2002), b/114/2002 (Sept. 3, 2002), b/154/2002 (Sept. 24, 2002), b/162/2001 (Sept. 25, 2001), b/153/2001 (Sept. 13, 2001), c/114/2001 (Aug. 22, 2001), c/115/2001 (Aug. 23, 2001), c/91/2001 (July 18, 2001), b/132/2001 (Aug. 14, 2001), c/187/2001 (Dec. 13, 2001), c/51/2002 (June 1, 2002), c/48/2002 (May 30, 2002), b/75/2002 (Mar. 27, 2002), c/33/2002 (Mar. 8, 2002), b/20/2002 (Jan. 29, 2002), c/25/2002 (Feb. 27, 2002), b/155/2002 (Sept. 24, 2002), b/153/2002 (Sept. 22, 2002), b/136/2002 (Aug. 9, 2002), c/78/2002 (Aug. 1, 2002), c/72/2002 (July 21, 2002), b/116/2002 (July 13, 2002), c/69/2002 (July 12, 2002) (reflecting that the REPORT ON PROGRAMME MANIPULATION–OCTOBER 27, 2005 PAGE 138 OF 623
INDEPENDENT INQUIRY COMMITTEE INTO THE UNITED NATIONS OIL-FOR-FOOD PROGRAMME REPORT ON PROGRAMME MANIPULATION CHAPTER TWO OIL TRANSACTIONS AND ILLICIT PAYMENTS The invoices reviewed by the Committee reflect this use of the term “loading fees.” For example, on April 17, 2002, a Fenar invoice requested that Taurus Nevis pay the equivalent of $0.39 per barrel of the total crude loaded on a vessel under contract M/11/65. One month later, Petrocorp submitted an invoice to Fenar for the equivalent of $0.37 per barrel on the oil lifted by the same vessel. SOMO records reflect that the surcharge imposed on contract M/11/65, accounting for different destination rates, equated to an average surcharge of $0.26 per barrel. 275 vessels Crude Tria, Kraka, Bosco Tapias, Crude Horn, Napa, Berge Phoenix, Olympia Spirit, Iria Tapias, Atalandi, Olympic Breeze, Crude Star, Gelibolu, Kristhild, Stena Concept, Nuria Tapias, Crude Med, Stena Constellation, Ness, Sharvan, Dorset, Front Champion, Venetia, Eaton, Berge Ingerid, Pride Independence, Ancona, Orient Tiger, Karvounis, Unicorn, Seasong, Tamara, Berge Boss, and Dundee transported oil purchased under SOMO sales contracts, nos. M/10/03 (undated), M/10/17 (July 12, 2001), M/10/59 (Aug. 21, 2001), M/11/25 (Dec. 19, 2001), M/11/43 (Dec. 23, 2001) M/12/35 (June 13, 2002), (contracting with Alcon); M/10/09 (July 10, 2001), M/10/96 (Oct. 6, 2001), M/11/65 (Jan. 8, 2002), M/11/67 (Jan. 8, 2002), M/12/39 (June 13, 2002) (contracting with Fenar)). Fees for the Dundee were included in the wire transfer from Sonatrach Petroleum Limited to Alcon. BNP Geneva record, Alcon account, credit advice (Dec. 24, 2001). 275 ReviTrust record, Fenar invoice to Taurus Nevis (Apr. 17, 2002), Petrocorp invoice to Fenar (May 25, 2002); SOMO sales contract, no. M/11/65 (Jan. 8, 2002) (contracting with Fenar) (recording that the Olympic Breeze transported oil purchased by Fenar). REPORT ON PROGRAMME MANIPULATION–OCTOBER 27, 2005 PAGE 139 OF 623
Page 1 and 2:
INDEPENDENT INQUIRY COMMITTEE INTO
Page 3 and 4:
Page 5 and 6:
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80: INDEPENDENT INQUIRY COMMITTEE INTO
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240:
show all

report on programme manipulation - Independent Inquiry Committee

Create successful ePaper yourself

Delete template?

Save as template?