Tony-gate: Blair Strikes Oil in Iraq

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Late last week came word of a major scandal from the UK Daily Mail. In the three years since he stepped down as prime minister, Blair pocketed more than $30 million in oil revenues from his secret dealings with a South Korean oil consortium, UI Energy Corporation.

Despite all his best efforts to keep his connection to UI secret, word is spreading like wildfire throughout the U.K.

Now, you might ask, that he's no longer in government and has his own company, Blair Associates, why would anyone care what his business dealings are?

Well, for openers, Mr. Blair is also the West's envoy to the Middle East.

Of concern to British politicians, too, is that a former prime minister has been stone cold silent about being on the payroll of an immense multinational oil corporation, specializing in oil exploration in Iraq.

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