UN OIL FOR FOOD REPORT
February 1st, 2005
BY KEITH NUTHALLCLEAR lessons on the need to improve accounting procedures at the United Nations have been spelt out by the interim report into alleged fraud and corruption at the now defunct UN Iraq Oil for Food Programme. They were made by an Independent Inquiry Committee led by former US Federal Reserve Board chairman Paul Volcker in a report accusing the programme's chief Benon Savan of "ethically improper" conduct. This focused on his work in Iraq for a trading company African Middle East Petroleum Co. Ltd. Inc., (AMEP), whist he was Executive Director of ...
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