UN Oil-for-Food Inquiry Finds Widespread Failures

On September 7, 2005, the Independent Inquiry Committee into the United Nations Oil-for-Food Program issued its fourth report of 847 pages on the management and oversight of the "temporary" Oil for Food Program, which lasted seven years and included more than $100 billion in transactions (over $64 billion in oil sales and approximately $37 billion for food). In the prior three interim reports and briefing papers, the Committee reported the results of its investigations into specific aspects of the Oil for Food Program?[more]