Oscar Wyatt’s deal with the devil

This NY Times article follows up on last week’s news that longtime Houstonian Oscar Wyatt is one of three individuals and four companies that federal investigators are focusing on for who allegedly receiving vouchers for oil from Saddam Hussein as he sought to flout United Nations sanctions. The Times article notes the close relationship between Mr. Wyatt and Saddam:

Mr. Wyatt . . . traveled to Baghdad as recently as early 2003, as the United States was preparing for war, to meet with officials in Mr. Hussein’s government. Mr. Wyatt – once called in Texas Monthly magazine “the most hated oilman in Texas” – met Mr. Hussein in 1972, just after Iraq’s oil industry had been nationalized, and eventually became one of the biggest United States importers of Iraqi oil.
The two met again in 1990, after Iraq invaded Kuwait and Mr. Wyatt flew to Baghdad on a company jet to help negotiate the release of nearly two dozen American oil workers whom Mr. Hussein had turned into “human shields.”
The relationship was so close that when the United Nations authorized Iraq in 1996 to begin selling oil again, under the Oil for Food program, Mr. Wyatt and Coastal secured the first tanker shipment to leave the country.

And that close relationship is at the heart of the criminal investigation into Mr. Wyatt’s activities:

The years of effort on Mr. Wyatt’s part to court Iraqi officials and build a venture to export Iraqi oil to the United States produced ample rewards: he and companies that he has been linked to earned an estimated $23 million in profit in the seven years of the Oil for Food program, according to sales and profit estimates included in the C.I.A. report by Charles Duelfer; Mr. Wyatt disputes that figure.

And, lest we forget, Mr. Wyatt’s used his relationship with Saddam to attain a humanitarian achievement:

By the late 1980’s, Coastal was importing as much as 250,000 barrels of oil a day from Iraq. As these oil imports became more and more important to Coastal’s operations, Mr. Wyatt became more outspoken in his opposition to any threatened or standing trade sanctions by the United States in the Middle East, . . . including a move by Congress to impose restrictions on trade with Iraq after Mr. Hussein used poison gas against the Kurds.
It was Mr. Wyatt’s surprise trip to Baghdad in December 1990, however, that finally brought his relationship with Iraq into the spotlight. He met then with Mr. Hussein to negotiate the release of American hostages. The effort was opposed by the administration of George H. W. Bush, but Mr. Wyatt came home a hero and he wept at a meeting of the released hostages and their families.
“It was not a stunt,” said Bobby Parker, a drilling rig electrician who had been held for 128 days before being rescued. “Oscar Wyatt is just not that type of person.”
The hostages were safe, but ultimately, Mr. Wyatt’s goal had not been fully achieved. He had hoped to prevent a military move by the United States on Iraqi-occupied Kuwait, a war that, he said, the United States had no reason to start.

Five years later in 1996, Mr. Wyatt’s relations with Iraq were again in the news:

Mr. Wyatt’s ties to Iraq again raised eyebrows, when the first tanker laden with crude oil sailed out of Mina al-Bakr, Iraq’s main export oil terminal, in December 1996, in Iraq’s legal return to global oil markets.
The ship had been chartered by one of Mr. Wyatt’s companies.
This was the start of the Oil for Food program, which ultimately would result in the export of 3.4 billion barrels, earning $65 billion for the Iraqi government over the next seven years, money that was used to buy food and medicine, maintain oil fields and pay reparations from the first gulf war, among other spending.

My Wyatt, through spokespersons, declines to comment on any of this other than to deny that he engaged in any wrongdoing with regard to his business relations with Iraq. However, the Times article notes that one competitor characterized Mr. Wyatt’s propensity to enter into difficult business deals in the following manner:
“He is not afraid of the devil.”
Read the entire article.

One thought on “Oscar Wyatt’s deal with the devil

  1. Quote: “…Mr. Wyatt’s used his relationship with Saddam to attain a humanitarian achievement:”
    Which does the writer consider to be Wyatt’s “humanitarian achievement”? His role in the release of several oil-workers, or his refusal to accept sanctions against “Mr. Hussein” for gassing thousands of Iraqi Kurds?

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