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Inquiry accuses former U.N. oil-food chief

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Published: Aug. 8, 2005 at 2:14 PM

NEW YORK, Aug. 8 (UPI) -- An independent inquiry into U.N.'s Iraq Oil-for-Food Program says former program head Benon Sevan, received kickbacks.

Additionally, a third interim report released Monday by Independent Inquiry Committee Chairman Paul Volcker recommends U.N. Secretary-General Kofi Annan grant requests by law enforcement agencies to waive immunity for Sevan, who resigned Sunday, and Alexander Yakovlev, a former procurement officer for the world organization, and assist in their prosecution for illegally making money off the program.

"We are a fact-finding body, not a law enforcement agency," Volcker told reporters in releasing the report.

Sevan, a Cypriot, was accused of acting "in concert" to gain payments with Middle East Petroleum principals Fred Nadler, a Sevan friend; and Fakhry Abdelnour, a relative of Nadler's. Yakovlev, a Russian, was named for acting with Yves Pintore, a French businessman, with soliciting and accepting illegal payments.

Nadler is a brother-in-law of former U.N. Secretary-General Boutros Boutros-Ghali and Abdelnour is a cousin of Boutros-Ghali.

Volcker, former head of the U.S. Federal Reserve Board promised more details in further reports in the next two months on activities of others including Annan and his son Kojo Annan.

Topics: General Boutros Boutros-Ghali, Paul Volcker
© 2005 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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