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Marketplace: Chevron May Admit Kickbacks, Deny Wrongdoing

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Marketplace: Chevron May Admit Kickbacks, Deny Wrongdoing

Business

Marketplace: Chevron May Admit Kickbacks, Deny Wrongdoing

Marketplace: Chevron May Admit Kickbacks, Deny Wrongdoing

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  • <iframe src="https://www.npr.org/player/embed/10073341/10073343" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Attorneys for oil giant Chevron are on the verge of a settlement with federal prosecutors after admiting the company gave kickbacks to former Iraqi leader Saddam Hussein. Saddam made almost $2 billion in back-door deals with various companies in the United Nation's Oil-for-Food program. Janet Babin of Marketplace talks to Alex Cohen about Chevron's activities with Iraq.