U.S. appeals court said that Iraq does not assume legal responsibility for ending two decades in the oil for food program to return during the regime of dictator Saddam Hussein.
The Appeals Chamber of the U.S. ninth in California that the current government of Iraq deserves protection under the Foreign Sovereign Immunity Act of 1976 because the case does not include the activities of American business “with legal significance.”
Special issue of governance dating back to 2003 and the related decision of the Iraqi state oil company to cancel two contracts for the sale of five million barrels of crude to two companies owned both based in Cyprus for a U.S. citizen named Manuel Terenkian.
The two decades between the contracts approved under the oil for food program which was administered by the United Nations, which allowed Iraq to sell oil to buy food, medicine and other goods for its citizens who have been affected by international trade sanctions.
Terenkian said that the company canceled the contracts with the Iraqi Hrkiah after he refused to pay bribes and demanded compensation for the loss of fees valued at 6.25 million.
He said that Iraq must bear the legal responsibility for decades, signed in New York and the oil for food program is run which was scheduled to transfer some oil to it to pay the price in the United States.
But the Appeals Chamber overturned a ruling issued by the ninth federal judge in 2010 in Los Angeles and said that it would be correct load current Government of Iraq responsible for the error and said that two decades is not in dispute are related to the task of the United States.
Said Justice Sandra Aacotta in the judgment of a majority of two for one “even though we may criticize the practices of Saddam Hussein’s regime .. we serve the principles of equality and justice for our country to better enforce the law in a fair and impartial to all parties before us.”
Said Edward Fayzport plaintiffs’ counsel that his clients are disappointed and assess the options available to them.
Said Edward Bowers User Company Zuckerman Gore Brandeis End Crossman that represent Iraq in the case, he was delighted with the ruling.