Kojo Annan, son of Kofi Annan, United Nations secretary-general, received at least $300,000 from Cotecna, a Swiss inspection company awarded a contract ultimately worth about $60m under the Iraqi oil-for-food contract. The amount was almost double the sum previously disclosed, but payments were arranged in ways that obscured where the money came from or whom it went to. The discovery, in a joint investigation by Il Sole 24 Ore, the Italian business daily, and the Financial Times, comes as the independent UN inquiry led by Paul Volcker into possible abuses within the oil-for-food programme prepares to publish a new report...
