Durban: A South African firm, accused of paying kickbacks to the Saddam Hussein regime for securing a contract under the oil-for-food programme, has taken legal proceedings against the UN-appointed inquiry committee.
South African oil company Imvume, which along with its sister concern Montego has been implicated in the corruption-riddled oil-for-food-programme.
According the Volcker report, the South African firm accused paying ?surcharges? to secure a contract for 2-million barrels of oil from Iraq.
The companies, owned by businessman Sandi Majali, held a meeting with two senior investigators from the Volcker Committee on June 30, according to a statement attributed to Majali and Imvume Management.
The committee calculated that more than 2,200 companies worldwide paid kickbacks to Iraq in form of inland transportation fees, after sales-service-fees or both.
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