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Word: takriti (lookup in dictionary) (lookup stats)
Dates: during 1990-1999
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Usage:

Saddam launched the scheme after he seized power in 1979, Kroll and other investigators say. Key figures in the family-run scam allegedly included Saddam's half brother Barzan al-Takriti, Iraq's ambassador to the United Nations in Geneva, and Saddam's son-in-law Hussein Kamel, Iraq's Minister for Oil and Industry. Probers say the conspirators siphoned off 5% of the $200 billion that Iraq accumulated in oil revenues during the past decade. The group also reportedly demanded a 2.5% kickback from Japanese firms that did business in Iraq, and even skimmed off money from contracts between...

Author: /time Magazine | Title: Did Saddam Skim Billions? | 4/8/1991 | See Source »

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