Food for Oil


unemployed bum
Oct 24, 2002
Watchin' you. Writing it all down.
Kofi Annan on Wednesday called the latest report on the U.N. Oil-for-Food (search) program "embarrassing" as it slammed the secretary-general, his deputy and the Security Council for allowing Saddam Hussein to cheat $10.2 billion from the humanitarian operation.
Volcker pretty much dissected everyone.

The document — the fourth report released by the IIC, headed by former Federal Reserve Chairman Paul Volcker (search) — lays out a pattern of "illicit, unethical and corrupt behavior" that overwhelmed the United Nations. It criticizes Annan and slams his stewardship and management skills, as well as the oversight of the Security Council.

The report said that France and Britain cooperated with the investigation, but Russia and China refused requests for information or access to state-owned companies implicated in the probe. While some branches of the U.S. government were helpful, notably the U.S. mission to the U.N. and the State Department, others were not, the report said.