Saddam Hussein's regime reaped over $21 billion from kickbacks and smuggling before and during the now-defunct U.N. oil-for-food program, twice as much as previous estimates, according to a U.S. Senate probe on Monday.
Oil smuggling alone netted Saddam's regime about $9.7 billion, with other funds flowing from switching substandard goods with top-grade ones, as well as exploiting food and medicine shipments to the Kurds in Iraq's north.
Panel investigators also echoed the findings by Duelfer, head of the CIA-led Iraq Survey Group, that Saddam's regime gave lucrative contracts to buy Iraqi oil to high-ranking officials in Russia, France and other nations.
On the list of 270 individuals, businesses and political parties was the head of the U.N. oil-for-food program, Benon Sevan, who has vigorously denied the charges.
I've always said, "NO BLOOD FOR OIL" should've been a pro-war slogan.
(Mug tip to Instapundit.)