Oil-for-Food Programme Was 'Tainted'

Summary


Former us Federal Reserve chairman Paul Volcker says his investigation of corruption in the oil-for-food programme in Iraq found that programme director Benon Sevan engaged in 'an irreconcilable conflict of interest' by choosing the companies that bought Saddam Hussein's oil.

Volcker's first report is said to find that the $60bn (pounds 32bn) programme was 'tainted' from top to bottom.

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Oil-for-Food Programme Was 'Tainted'

It alleges that programm...

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