International Oil Trading Company

Rep. Henry Waxman, (D-Calif.) wrote a letter this afternoon to Defense Sec. Robert Gates accusing Harry Sargeant, the head of the International Oil Trading Company of “reprehensible war profiteering” on Iraq War contracts. Sargeant’s company has reaped $210 million in profits by overcharging the Pentagon for oil fuel that is shipped from Jordan to Iraq.
The [...]