OIL FOR FOOD DEVELOPMENTS
Benon Sevan is the name that will be on everyone’s lips tomorrow. Bunch of media outlets have previews of the U.N. Oil For Food investigative report to be released in the morning. The Washington Post writes:
The report, by a U.N.-appointed inquiry headed by former Federal Reserve chairman Paul A. Volcker, alleges that Benon Sevan’s management of the $64 billion program made it vulnerable to corruption, the officials said, speaking on the condition of anonymity because they were not authorized to speak publicly on the issue.
While the report, more than 100 pages long, contains no proof that Sevan engaged in criminal acts, it cites evidence suggesting that Sevan received illicit payoffs from Saddam Hussein’s government, the officials said.
Sevan denied wrongdoing when the Duelfer report came to similar conclusions last fall. Guess we can expect more vehement denials tomorrow.
Background on Sevan here, here, and here.
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