February 02, 2006

OIL FOR FOOD!!! OIL FOR FOOD!!! OIL FOR FOOD!!!: I wonder how much play this story is going to get from our Brethren on the Right:
In the United States, a former official has admitted stealing millions of dollars meant for the reconstruction of Iraq.

Robert Stein held a senior position in the Coalition Provisional Authority, which administered Iraq after American and allied forces invaded in 2003. In a Washington court, he admitted to stealing more than $2m (£1.12m) and taking bribes in return for contracts. He faces a maximum sentence of 30 years in prison.

Robert Stein's story is one of extraordinary corruption and excess amid the ruins of Iraq. He was in charge of overseeing money for the rebuilding of shattered infrastructure in south-central Iraq in 2003 and 2004.

Mr Stein admitted in court to conspiring to give out contracts worth $8m to a certain company in return for bribes. He also received gifts and sexual favours lavished on him at a special villa in Baghdad.

But it didn't stop there. Robert Stein admitted to stealing $2m from reconstruction funds. Some of that money, the court heard, was smuggled onto aircraft and flown back to the United States in suitcases.
Book him a slot on "Big Brother"...but wait, there's more:
Robert Stein, 50, was entrusted with the reconstruction of the central city of Hillah despite a fraud conviction that was apparently overlooked in his Pentagon background check. The former contracting official admitted yesterday that he had conspired to steal more than $2 million in reconstruction money and take kickbacks worth more than $1 million in the form of cars, jewellery, cash and sexual favours. Stein used the money to buy a single-engine Cessna aircraft, a Porsche and a Lexus, as well as other cars, grenade launchers, machineguns, jewellery and property. In a plea deal, he agreed to plead guilty to five felony counts: conspiracy, bribery, moneylaundering, possession of a machinegun and being a felon in possession of a handgun.

The case, which was initiated by a US audit of reconstruction spending, provides a stark look at corruption inside the Coalition Provisional Authority (CPA) that governed Iraq after the invasion in March 2003 until June 2004. Five US Army Reserve officers were also allegedly part of the conspiracy. Two have been arrested. An American businessman based in Romania has also been charged.

Stein admitted accepting at least $1 million in cash and cars, jewellery and sexual favours from women, provided by a co-conspirator previously identified as Philip Bloom. Stein said that he helped to steer more than $8.6 million in contracts to companies controlled by Mr Bloom.
The New York Times has even more on Mr. Stein, who apparently was under the impression (accurately, if only for a time) that he didn't have to make any effort to hide what he was doing. Considering that a little under $9 billion disappeared from the control of the CPA, what this guy did was the proverbial drop in the bucket.

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