As the AWB hearings go on, one important question doesn’t seem to have been asked. If $300 million was paid as bribes to Saddam, whose money was it, and should they be repaid?
Although the AWB paid the money on behalf of Australian wheatgrowers, they got it back (and probably some more on top) in the form of inflated prices. So the money was in fact stolen from the UN, which in turn held it on behalf of the Iraqi people, who were supposed to be trading oil for food, bypassing the Saddam regime.
AWB, or failing that the Australian government, should repay this money to the Iraqi government, which is in dire financial straits now that US reconstruction funding has stopped.
fn1. There’s a similar question to do with misappropriation of Iraqi money under the Coalition Provision Administration, but I need to look into this one a bit more.