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...December 1998 the U.N. chose the Swiss company Cotecna to monitor imports of humanitarian goods to Iraq under the oil-for-food program. The following month, newspaper reports revealed that the company had employed Kojo Annan, the son of U.N. Secretary-General Kofi Annan, and raised questions about possible conflicts of interest, which the U.N. denied. The scandal grew when evidence emerged that Saddam Hussein had skimmed some $2 billion from the $65 billion program. Last April Annan asked Paul Volcker, a former chairman of the Federal Reserve, to investigate those issues. In February his panel released its first report...

Author: /time Magazine | Title: The Volcker Report: Fooled for Oil | 4/3/2005 | See Source »

...report's heavy. He repeatedly lied to his father and investigators, concealing how long he worked for Cotecna as well as how much he was paid and for what. Cotecna is faulted for hiding Kojo Annan's role and its payments to him. Two U.N. officials who worked for Kofi Annan are accused of destroying relevant documents and using Iraqi oil proceeds improperly...

Author: /time Magazine | Title: The Volcker Report: Fooled for Oil | 4/3/2005 | See Source »

...What is needed now is not more declarations or promises, but action-action to fulfill the promises already made." KOFI ANNAN, U.N. Secretary-General, proposing reforms of the international body's anti-terrorism efforts, human rights monitoring and guidelines for international conflict...

Author: /time Magazine | Title: Verbatim | 3/28/2005 | See Source »

...lists currently include Adolf Hitler's autobiography Mein Kampf and Metal Storm, a fictional debut by two local authors in which the U.S. invades Turkey. "This is just the beginning," warns Berkan. "I expect this wave of nationalism to grow." - By Pelin Turgut Hard Times UNITED NATIONS Secretary General Kofi Annan proposed reforms to the global body, including enlarging the Security Council and establishing new rules for authorizing military force. The broadly welcomed proposals were overshadowed by further criticism over management of the Iraqi oil-for-food program and new calls for U.N. peacekeepers in the Democratic Republic of Congo...

Author: /time Magazine | Title: Worldwatch | 3/27/2005 | See Source »

...What do Kofi Annan, Carson Daly, Rutherford B. Hayes, and Lindsay Lohan’s dad all have in common? That is, besides all having been Secretary-General of the United Nations...

Author: By Sam Teller, CONTRIBUTING WRITER | Title: Virtual Vanity | 3/10/2005 | See Source »

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