Sunday, October 18, 2009

Peter Galbraith and the Kurds' oil

An article describing Peter Galbraith's dealing in Kurdish oil is here.

Galbraith--the son of John Kenneth Galbraith--has worked as an adviser for the Kurds in Iraq and has argued strongly for a decentralization of the country, including strong Kurdish control over the oil resources in their region.
But in June 2004, Galbraith established a small, U.S.-registered company, Porcupine, that held a five percent stake in a newly exploited oilfield in Iraqi Kurdistan, a Norwegian daily revealed last Saturday.
So the issue is that he had a conflict of interest.

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