VOL. XXXVIII

NO. 50

11-SEPTEMBER-1995

Iraq

Proceeds From Sale Of Contraband Iraqi Diesel Oil Unaccounted For

MEES learns from authoritative sources that despite the confiscation andpresumed subsequent sale of contraband Iraqi diesel oil in the Gulf, none of theproceeds have been reported to the UN Sanctions Committee and no funds resultingfrom such sales have been deposited in the escrow account used by the UNCompensation Commission to pay claims against Iraq.

MEES also understands that despite...