George Galloway has been reported to US and British authorities over
his alleged involvement in the United Nations oil-for-food scandal.
The Senate committee that had accused him of profiting from Saddam Hussein's
regime said it had handed its report over to law enforcement agencies.
There was "reasonable cause" to believe the Respect MP for Bethnal Green faced potential prosecution, it added.
Mr Galloway has repeatedly denied the committee's claims.
'False allegations'
Investigators claim to have discovered £85,000 ($150,000 dollars) in
Iraqi oil money in the bank account of Mr Galloway's former wife Dr Amineh
Abu-Zayyad.
They have also accused him of giving "false and misleading testimony" when he defended himself against the allegations in a hearing in Washington in May.
Mr Galloway has described these allegations as false and challenged the committee to charge him.
Both Republican and Democrat members of the Senate Permanent Subcommittee on Investigations announced they had referred the report to the British authorities that had requested access to its evidence.
These included the Parliamentary Standards Commissioner and the Charity Commission.
The Senate subcommittee's chairman, Norm Coleman, claims to have obtained new evidence proving that Saddam's regime granted oil allocations to Mr Galloway and his Mariam Appeal fund.
His latest report, published last month, accused the MP of personally soliciting and being granted eight oil allocations totalling 23 million barrels from the Iraqi government between 1999 and 2003.
It alleged that at least £252,000 ($446,000) was funnelled to the Mariam Appeal through several allocations.
The committee said it had referred the report to, among others, the US Justice Department, the US Attorney for the Southern District of New York, the US Attorney for the District of Columbia and the District Attorney for New York County.
In the UK, it said it also requested that the US Embassy forward it to "other entities of competent jurisdiction that may be interested in the evidence", such as the Home Office, HM Revenue & Customs, and the Royal Courts of Justice.
Mr Galloway has repeatedly denied benefiting from any oil deal or asking
anyone to act on his behalf.
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