April 28, 2004

Oil For Food? Oil For Bribes!

If you're looking for a good article explaining exactly what all the fuss is about regarding the UN oil for food program, I found it. Here's a short summary of the importance of the affair

What lies at the core of this story is the United Nations, and how it came to pass that an institution charged with bringing peace and probity to the world should have offered itself up—willingly, even eagerly—as the vehicle for a festival of abuse and fraud.

Remember and consider this paragraph (and the explosive facts in the larger story) every time you hear calls for multilateralism and UN involvement and UN legitimacy. The US can't just prosecute and kill off the organization like it did with Arthur Anderson. So what were we supposed to do?

HT: RealClearPolitics

Update: The original rationale for this program was food and health supplies. By official count $15B of expenditures (not counting kickbacks in this part of the program) went to that amount on a total revenue of $65B. That means that less than a quarter went where it was supposed to (23.08%). How seriously would you treat a humanitarian organization that misdirected over 75% of proceeds?

Posted by TMLutas at April 28, 2004 09:15 AM