Sunday, January 08, 2006

It Ain't Over 'Til It's Over

Tongsun Park, a South Korean businessman accused of receiving millions of dollars from Saddam Hussein's regime to bribe top United Nations officials over the controversial oil-for-food program, has been arrested by FBI agents in Houston, Texas. He is expected to cooperate with the US authorities in a deal that could throw fresh light on the rampant corruption that permeated the UN program.

This could spell fresh trouble for Kofi Annan who was hoping the Volcker Report would allow him to escape the scandal unscathed. Park may have likely cut a deal with the feds and the fallout from that may finally net Annan who certainly seems tainted by the whole bribery issue.

More at the telegraph.

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