SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Iraq War And Beyond -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (3878)4/17/2004 1:42:06 PM
From: RealMuLan  Read Replies (1) | Respond to of 9018
 
Paul Volcker to head U.N. Iraq probe

By Colum Lynch

WASHINGTON POST

UNITED NATIONS - Facing mounting criticism of the U.N.'s management of an oil-for-food humanitarian program in prewar Iraq, U.N. Secretary General Kofi Annan on Friday appointed former U.S. Federal Reserve Bank chairman Paul Volcker to head a panel that will probe allegations of corruption at the U.N. agency.

The move is part of a broader effort by U.N. officials to contain the political crisis, and to demonstrate that some blame rests with nations on the U.N. Security Council that failed to close loopholes allowing Saddam Hussein's government and scores of foreign companies to exploit the system.

Volcker's appointment comes less than a week before the first of two hearings in the U.S. House of Representatives into allegations that Iraq was able to illegally siphon billions of dollars from the U.N. program when it was supposed to exchange oil only for civilian goods.

U.S. lawmakers have warned that a credible investigation into corruption in the program is essential to restoring the United Nations' reputation at a time when it is being called upon to help Iraq through its political transition this year and elections early next year.

"Assuming there is wrongdoing found by some U.N. officials, it is important to
contracostatimes.com
=========================
Why would Iraqi should trust UN? They are just another collective looter.