-
-
-
Tomorrow the nation will be treated to yet another example of the importance of a robust congressional oversight role in getting to the bottom of the oil-for-food scandal. The Senate Homeland Security and Government Affairs permanent subcommittee on investigations, chaired by Sen. Norm Coleman, Minnesota Republican, last week released documents suggesting that former French Interior Minister Charles Pasqua, a close ally of President Jacques Chirac, and George Galloway, a British member of parliament, each received the right to market more than 10 million barrels of cut-rate oil from Saddam's government.
Mr. Galloway, who denies any wrongdoing, is expected to testify before the Coleman committee tomorrow. The hearing is expected to be contentious, as Mr. Galloway, a ferocious critic of t...
-
It has been a roller coaster of a ride for UN Secretary-General Kofi Annan over the past year. And much of the downhill gravity has come, in one way or another, from Middle Eastern issues. Williams investigates on Annan's involvement to the so-called "Oil-for-Food" scandal, which Washington Post columnist Charles Krauthammer claimed to be the biggest financial scandal in the history of the World.
-
-
Paul Volcker's $30-million inquiry officially confirmed last week that the UN-administered oil-for-food program was not only poorly managed, but rife with corruption. It came as no surprise when the Independent Inquiry Committee (UC), headed by Volcker, concluded in its third interim report that Benon Sevan, director of the program, enriched himself at the expense of the Iraqi people.
-
UNITED NATIONS -- A yearlong investigation of the U.N. oil-for- food program issued a strong indictment of the United Nations and its top leadership Wednesday, concluding they tolerated corruption and allowed Saddam Hussein's government to pocket $10.2 billion.
Secretary-General Kofi Annan called the findings "deeply embarrassing to all of us" and said he accepted the criticism leveled at him personally. But he said he had no intention of resigning.
-
WASHINGTON, Oct. 21 /U.S. Newswire/ -- The following was released today by the United States Attorney Southern District of New York, regarding an indictment related to the United Nations' Oil-for-Food program:
MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, and MARK J. MERSHON, the Assistant Director in Charge of the New York Office of the FBI ("FBI"), announced the unsealing today of a superseding Indictment arising from a scheme to obtain oil under the United Nations' Oil-for-Food Program by paying millions of dollars in secret kickbacks to Saddam Hussein's regime in Iraq. The superseding Indictment names three individuals and three corporate entities in addition to persons and entities previously charged.
-
So, up at the United Nations, Benon Sevan is out and John Bolton is in. That's one small step for rooting out corruption; one giant leap for American interests. Mr. Sevan, the former head of the U.N.'s Oil-for-Food program, resigned his post after the Independent Inquiry Committee, headed by Paul Volcker, confirmed that he was pocketing cash and taking bribes from Saddam Hussein. On his way out, Mr. Sevan picked a fight with Secretary-General Kofi Annan, accusing him of "sacrificing" Mr. Sevan for "political expediency." It was great theater - like the heady days when Bill and Hillary were throwing White House china at each other.
While some have said that the Volcker Commission is to investigations what Barney Fife is to law enforcement, it is not without at least some success. Its fin...
-
UNITED NATIONS - A former French U.N. ambassador. A firebrand British politician. The president of Italy's Lombardi region. Name- brand companies like DaimlerChrysler and Siemens AG.
Prominent politicians and more than 2,200 U.S. and foreign companies stand accused of colluding with Saddam Hussein's regime to bilk the U.N. oil-for-food program of $1.8 billion.