Word: kojo
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...Paul Volcker put the finishing touches last week on his final report on the U.N.'s role in the oil-for-food scandal, investigators continue to uncover details about Kojo Annan's links with Cotecna, the company at the center of the influence-peddling inquiry. In late 1998, U.N. sources say, Kojo, son of U.N. Secretary-General Kofi Annan, got a $3,000 loan from a friend for a down payment on a sporty green Mercedes ML 320 in Geneva, Switzerland. The friend was Michael Wilson, then a vice president of Cotecna, the firm that not only employed Kojo...
...stop corruption inside the oil-for-food scheme, as well as his responsibility for U.N. mismanagement, the sources tell TIME. But the report does not find that he influenced U.N. contracts in favor of Cotecna--or knew the precise details of his son's car deal. A lawyer for Kojo Annan told TIME that Kojo reimbursed Wilson, who could not be reached for comment. --By Adam Zagorin
...here it was, the culmination of this man’s Panafest experience, confronting the white man—or perhaps the apogee was the traditional naming rites ceremony he, once Charles, now “Kojo,” subjected himself to later. But a slave fort was no place to argue in this situation, even if my accuser was dead wrong; I answered his interrogative by tipping my fedora in deference...
...Kojo Annan is the 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...
Next steps Kojo Annan stopped cooperating with the inquiry last October, but Volcker is still probing his dealings. A third report covering that and broader questions of U.N. culpability in Saddam's vast rip-off is due in June. But sources tell TIME that the reports on U.N. mismanagement are already damning enough for longtime U.N. critic Henry Hyde: the Republican Congressman is drafting a bill to make U.S. financial contributions contingent on sweeping U.N. reforms...