Kojo Annan admits to involvement in oil-for-food corruption
Written by: Beck
You heard it hear first. Unless you heard it somewhere else first, in which case you heard it there first.
It would appear that Kojo is
eager to cooperate with investigators. This makes sense, as it appeared from the beginning that Kojo was really a relatively minor player in the entire affair. The only reason he grabbed such headlines in the first place was his last name.
THE son of the United Nations secretary-general has admitted he was involved in negotiations to sell millions of barrels of Iraqi oil under the auspices of Saddam Hussein.
Kojo Annan has told a close friend he became involved in negotiations to sell 2m barrels of Iraqi oil to a Moroccan company in 2001. He is understood to be co-operating with UN investigators probing the discredited oil for food programme.
The alleged admission will increase pressure on Kofi Annan, the UN secretary general, who is already facing calls for his resignation over the management of the humanitarian programme.
In other news, the UN's internal oil-for-food investigation headed by former FED Chairman Paul Volcker is expected to issue an interim report on its findings around February 8-9.
(Hat tip:
Captain's Quarters)