UN Audits Find Mismanagement in Iraq Oil-Food Deal
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Internal U.N. audits of the  Iraqi oil-for-food program found large contractors overcharging  the world body by several million dollars and said one U.N.  agency systematically mishandled funds in the field.
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UNITED NATIONS -- Secretary General Kofi Annan said yesterday that he was ''very disappointed and surprised&quot; that his son had continued to receive payments until this February from a firm that had a contract with Iraq's oil-for-food program, the subject of numerous corruption investigations.
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Secretary-General Kofi Annan said Monday he was "very disappointed and surprised" that his son had continued to receive payments until this February from a firm that had a contract with Iraq's oil-for-food program, the subject of numerous corruption investigations.
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Two separate reports have recently surfaced describing in greater detail allegations of corruption in the United Nations-administered oil-for-food (OFF) program in Iraq and the so-called "oil voucher" scheme by ...
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UNITED NATIONS -- The United Nations diplomat who ran Iraq's "oil-for-food program" engaged in "ethically improper" behavior, and the program flouted the world body's financial and purchasing rules, a UN panel found in a preliminary report yesterday.
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The United Nations' long-secret internal audits on the oil-for-food program do not reveal any bombshells, investigators told congressional aides Friday ahead of next week's release of the reports.
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Iraq's most important moneymaker &#151; its oil industry &#151; lost $16 billion in two years to insurgent attacks, criminals and bad equipment, a secret U.S. audit says.
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UNITED NATIONS, Nov. 16 -- A United Nations-appointed investigator probing corruption in Iraq's oil-for-food program has rejected a request by a Senate committee to strip U.N. officials of their immunity so they can testify before Congress. The U.N. official agreed to release, at a time of his choosing, internal audits of the program and other confidential documents sought by Congress.
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Inspector general for Iraqi reconstruction says the company's record-keeping was so poor that auditors could not determine whether the firm had fulfilled its obligations to the U.S. government.
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A U.N.-mandated agency said on  Wednesday its task of watching over Iraq's oil money was being  hampered by the Bush administration's failure to hand over  audits of Iraq contracts awarded without competitive bids,  including to Halliburton .
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UN secretary-general Kofi Annan said he was &quot;disappointed&quot; at news his son was receiving payment from a firm involved in Iraq&#39;s oil-for-food programme.
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The Bush administration, which earlier backed Secretary-General Kofi Annan in the U.N. oil-for-food scandal, on Tuesday demanded he be held accountable for mismanagement in the program.
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Russian firms bought about 30 percent of the oil sold under Iraq&#39;s now-defunct oil-for-food program, according to a UN investigator&#39;s extensive list of companies that did business with Saddam Hussein&#39;s government.
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UN Secretary-General Kofi Annan says the investigation into abuses of the oil-for-food program in Iraq has &quot;cast a shadow&quot; over the United Nations.
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UN Secretary-General Kofi Annan said he was &quot;very disappointed and surprised&quot; that his son received payments until February from a firm that had a contract with Iraq&#39;s oil-for-food program that is the subject of numerous corruption investigations.
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UNITED NATIONS -- Benon Sevan, the official accused of improperly receiving lucrative rights to purchase oil from Saddam Hussein's government while he was running the U.N. oil-for-food program in Iraq, discouraged his staff from probing allegations of corruption and helped block efforts by the U.N. anti-corruption unit to assess where the program was vulnerable to abuse, according to senior U.N. officials.
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UNITED NATIONS UN chief Kofi Annan says he&#39;s &quot;disappointed&quot; to learn his son was getting 30-thousand dollars a year from a company with an oil-for-food contract in Iraq.