UN Food, Oil Inquiry Releases 4,500 Names of Firms
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The U.N. inquiry into  allegations of corruption in the now-defunct Iraqi oil-for-food  program on Thursday released the names of some 4,500 firms that  did business with Baghdad but did not rule on their guilt or  innocence.
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The United Nations has received $500 million in pledges of assistance for victims of the Indian Ocean tsunami. Half of the total came in one chunk from the World Bank.
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Investigators probing alleged corruption at the United Nations oil-for-food program are scrutinizing thousands of pages of U.N. Secretary-General Kofi Annan's documents, including e-mail and phone records, to determine whether he exerted influence in securing a contract for a Swiss company that employed his son.
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The United States said it was releasing documents to the independent panel probing the United Nations' scandal-plagued Iraq oil-for-food program, after the inquiry's chief complained about Washington's cooperation.
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The U.N.-ordered probe into oil-for-food corruption is being seriously hampered by an elaborate system of ghost firms set up around the world to cover the tracks of bribes to Saddam Hussein as he cheated the &#36;60 billion program, a top investigator said.
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The United Nations has revealed that the son of the secretary general, Kofi Annan, worked for a company being investigated in the Iraqi oil-for-food scandal for four years longer than he first admitted.
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The UN has chosen Argentina, Denmark, Greece, Japan and Tanzania as the five states to become non-permanent members of the Security Council next year.
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According to the U.N.-ordered inquiry led by Paul Volcker, these are the top 10 countries that purchased oil from Iraq under the oil-for-food program from 1996 until 2003:
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The chairman of a House subcommittee investigating the United Nations&#39; oil-for-food program in Iraq said in a statement yesterday that Secretary General Kofi Annan&#39;s son received reimbursements
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A Senate panel says it has obtained Iraqi documents providing new evidence that the former head of the U.N. oil-for-food program made up to &#36;1.2 million through oil deals with Saddam Hussein's government.
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Britain's Serious Fraud Office is investigating allegations that several firms based in London paid bribes to former Iraqi dictator Saddam Hussein's regime as part of the discredited UN oil-for-food programme, The Guardian has reported.
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UN Secretary-General Kofi Annan said on Monday he was &quot;disappointed&quot; his son did not tell him the full story of his ties to a firm involved in the UN oil-for-food program, now under investigation.
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The difficulty of finding out who paid kickbacks in the UN oil-for-food program is illustrated by two Liechtenstein-based firms, Alcon Petroleum and Fenar Petroleum.
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LONDON -- Most oil-producing nations are also rife with corruption, and oil companies should provide more information about their operations to help clean up the market, a global watchdog group said yesterday in an annual report.
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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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Vivid allegations of widespread corruption at the U.N. oil-for-food program by the top U.S. arms inspector have added credibility to accusations the United Nations looked the other way while Saddam Hussein's government skimmed billions of dollars and offered kickbacks to European and Arab countries and officials.
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More than 50 internal U.N. audits of the Iraq oil-for-food program flesh out a picture of widespread mismanagement of the program, adding a new dimension to a scandal that has shaken the United Nations.