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Oil-for-Food panel to keep records an extra month
Reuters ^ | 16 Nov 2005

Posted on 11/16/2005 2:56:03 PM PST by ncountylee

UNITED NATIONS, Nov 16 (Reuters) - The U.N.-appointed panel investigating the scandal-tainted, oil-for-food program for Iraq said on Wednesday it would stay open an extra month to help prosecutors build cases against corrupt companies and officials.

The International Inquiry Committee, led by former U.S. Federal Reserve chairman Paul Volcker, was originally scheduled to cease operations at the end of November and return to Iraq much of the voluminous evidence it gathered.

It will now remain operational until the end of December. The fate of the evidence after that is still up in the air.

Last month, the committee issued a report naming 2,200 companies in 66 countries accused of steering $1.8 billion in bribes and kickbacks through the program to Saddam Hussein's government.

The commission said U.N. talks are continuing on what to do with the materials after the end of the year and how to provide evidence for future prosecutions. Funding to maintain the archives is a central issue.


TOPICS: Crime/Corruption; Foreign Affairs; Government; War on Terror
KEYWORDS:

1 posted on 11/16/2005 2:56:04 PM PST by ncountylee
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To: ncountylee

Very interested in hearing in detail their reports and conclusions.

For all those on the left who adore the UN and for my own education. Also, wonder if they can be objective.


2 posted on 11/16/2005 3:05:34 PM PST by dhs12345 (w)
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To: ncountylee

"Funding to maintain the archives is a central issue."

Let me guess, they want money.

Turn over all of the evidence to the United States and we will "maintain" it.


3 posted on 11/16/2005 3:08:53 PM PST by dhs12345 (w)
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To: ncountylee

Paul Volcker is the U.N cover-up man


4 posted on 11/16/2005 3:20:10 PM PST by cope85
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