Complete the sentence about Oil-for-Food Programme with the correct year: Oil exported from Iraq was paid for by the recipient into an escrow account possessed until ______ by BNP Paribas bank, rather than to the Iraqi government.
Answer and explanation
Correct answer: A. 2001
Oil exported from Iraq was paid for into an escrow account held until 2001 by BNP Paribas, not given to the Iraqi government. The programme used an escrow system.
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