November 13, 1992 |
A special Justice Department investigator has taken the first step toward the appointment of an independent counsel to investigate whether Bush Administration officials violated the law in carrying out and possibly covering up U.S. dealings with Iraq before the Persian Gulf War. A Justice Department official confirmed Thursday that retired U.S. District Judge Frederick B.
February 23, 1992 |
In the fall of 1989, at a time when Iraq's invasion of Kuwait was only nine months away and Saddam Hussein was desperate for money to buy arms, President Bush signed a top-secret National Security Decision directive ordering closer ties with Baghdad and opening the way for $1 billion in new aid, according to classified documents and interviews. The $1-billion commitment, in the form of loan guarantees for the purchase of U.S.
March 22, 1992 |
An Italian bank whose Atlanta office gave $4 billion in loans to Iraq in the 1980s wants some of the money back but has run into opposition from the federal government. The U.S. Department of Agriculture, which guaranteed $900 million in loans made by Banca Nazionale del Lavoro, is refusing to pay the bank the $350 million still outstanding until it gets assurances that the loans are legal. Rep. Henry B. Gonzalez (D-Tex.
June 3, 1992 |
In a highly unusual action, a federal judge called Tuesday for an independent counsel to investigate the Justice Department's handling of a case involving an Italian-owned bank that loaned nearly $5 billion to Iraq. "This case needs a special prosecutor because I'm not getting the information," said an angry U.S. District Judge Marvin H. Shoob as he accepted a guilty plea from the former manager of the Atlanta branch of Banca Nazionale del Lavoro. "I'm getting a sanitized version."
July 22, 1992 |
Rep. Henry B. Gonzalez (D-Tex.) on Tuesday disputed President Bush's contention that U.S. exports did not help Iraq develop nuclear, biological or chemical weapons. In a statement on the floor of the House, Gonzalez said classified documents and other records show that two of every seven U.S. high-technology exports to Iraq between 1985 and 1990 went to the Iraqi armed forces or facilities involved in military matters.
March 31, 1992 |
The chairman of the Senate Agriculture Committee demanded that the Agriculture Department explain why it paid $360.7 million to a bank partly owned by Iraq as part of $1 billion in reimbursements to banks that made pre-war loans to Saddam Hussein's government. "At a time when we are all concerned that the government of Iraq continues to act in an outlaw fashion under the leadership of Saddam Hussein, I am very concerned that this payment sends a dangerous signal to the government of Iraq," Sen.