UNITED NATIONS (Reuters) - Secretary-General Kofi Annan, his deputy and the U.N. Security Council all share blame for mismanagement that allowed Saddam Hussein to rake in more than $10 billion from kickbacks and smuggling during the oil-for-food program, investigators said on Wednesday.
The program, which allowed Saddam to sell oil and buy food to alleviate the impact of U.N. trade sanctions "was a compact with the devil and the devil had means for manipulating the program to his ends," said Paul Volcker, the former U.S. Federal Reserve chairman who led the year-long investigation.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
