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Baker's firm accused of bypassing sanctions to deal with Saddam
Israel Insider magazine

Maariv journalist Ben Caspit reports that he has obtained documentation which shows that the law firm in which former American secretary of state James Baker is senior partner used an Israeli agent to bypass the US sanctions on business dealings with Iraq.

Houston-based Baker Botts, with extensive dealings in the Arab world, earned tens of millions of dollars in fees from a deal it brokered between the Korean Hyundai concern and the Iraqi government at the peak of the sanctions imposed on the government of Saddam Hussein, according to Israeli businessman Nir Gouaz, who has been asked in 1998 by Baker's office to mediate in the deal. . . .

I've not seen this story anywhere else in a primary source, so there's no way to tell if it's a for-real or not. If it is, . . . oh, Momma!

Anyone out there seen this reported anywhere else? Is Israel Insider a reliable source?

Posted by: Mike 2006-12-18
http://www.rantburg.com/poparticle.php?ID=175443