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Good Intentions Corrupted: The Oil for Food Scandal and the Threat to the Un (Paperback) (ISBN-13: 9781586484729)
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Paul A. Volcker
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xDespite its good intentions, mismanagement and corruption plagued the UN's Oil-for-Food Program:
More than 2,200 companies paid 1.8 billion in illegal surcharges and kickbacks to the Iraqi regime The UN Security Council stood by as the Iraqi regime outright smuggled about 8.4 billion of oil during the Program years in violation of UN sanctions The Iraqi regime steered oil contracts for political advantage by giving rights to buy oil to dozens of global political figures sympathetic to Iraq's goal to loosen or overturn the UN sanctions The Iraqi regime provided Benon Sevan, the UN's chief administrator of the Program, with rights to buy more than 7 million barrels of oil UN-related humanitarian agencies collected tens of millions of dollars for costs they never incurred, and some built factories in Iraq that weren't needed or that never worked at all. Even UN Secretary-General Kofi Annan was tainted by it But the whole story has never been told in one place.
Author: Paul A. Volcker, Mark Califano, Jeffrey Meyer
ISBN-10: 1586484729
ISBN-13: 9781586484729
Publisher: PublicAffairs
Language: English
Published: 08/29/2006
Pages: 320
Format: Paperback
Weight: 0.76lbs
Size: 8.18h x 5.60w x 0.77d
More than 2,200 companies paid 1.8 billion in illegal surcharges and kickbacks to the Iraqi regime The UN Security Council stood by as the Iraqi regime outright smuggled about 8.4 billion of oil during the Program years in violation of UN sanctions The Iraqi regime steered oil contracts for political advantage by giving rights to buy oil to dozens of global political figures sympathetic to Iraq's goal to loosen or overturn the UN sanctions The Iraqi regime provided Benon Sevan, the UN's chief administrator of the Program, with rights to buy more than 7 million barrels of oil UN-related humanitarian agencies collected tens of millions of dollars for costs they never incurred, and some built factories in Iraq that weren't needed or that never worked at all. Even UN Secretary-General Kofi Annan was tainted by it But the whole story has never been told in one place.
Author: Paul A. Volcker, Mark Califano, Jeffrey Meyer
ISBN-10: 1586484729
ISBN-13: 9781586484729
Publisher: PublicAffairs
Language: English
Published: 08/29/2006
Pages: 320
Format: Paperback
Weight: 0.76lbs
Size: 8.18h x 5.60w x 0.77d
By Paul A. Volcker
xLed by former U.S. Federal Reserve Chairman Paul A. Volcker, the Independent Inquiry Committee revealed the Program's flaws and the urgent need for UN reform. Jeffrey A. Meyer is former Senior Counsel to the Committee and chief editor of its reports, and Mark G. Califano is former Chief Legal Counsel to the Committee, who supervised and led major aspects of the investigation.
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