Oil for Food (OFF) Debacle aka UNSCAM: The Volcker-Strong connection

» Lawhawk - The Volcker-Strong connection

http://www.nysun.com/article/12647

The next chapter in the United Nations crisis may erupt over U.N. investigator Paul Volcker's membership on the board of one of Canada's biggest companies, Power Corporation, since a past president of the firm, Canadian tycoon Maurice Strong, is now tied to the oil-for-food scandal.

Also, following yesterday's reports of resignations of top investigators on Mr. Volcker's team, Washington officials revisited Secretary-General Annan's assertion that the team's report last month exonerated him. For the first time, the Bush administration hinted that it may cease support of Mr. Annan altogether.

Yesterday, Mr. Strong acknowledged that Tongsun Park, the Korean accused by federal authorities of illegally acting as an Iraqi agent, in 1997 invested in Cordex, a Denver-based company owned by Mr. Strong and his son, Fred. Mr. Strong has voluntarily stepped down from his U.N. position as adviser to Mr. Annan on Korean affairs for the duration of the investigation.

Things are going from bad to worse at Turtle Bay, yet Annan thinks that he's going to skate through scot-free.

-- posted by Lawhawk