OIL-FOR-FOOD PROFITEER INDICTED

Benon Sevan, one of the biggest names involved in the notorious oil-for-food scandal, has been indicted in New York. From FOX News (via Hot Air):

Former U.N. Oil-for-Food chief Benon Sevan has been indicted in New York federal court for allegedly taking bribes under the program from Saddam Hussein's regime, U.S. authorities announced Tuesday.

The charges, detailed in a joint press release by the FBI, the U.S. Attorney's office and the Manhattan district attorney, came over a year after former Federal Reserve Chairman Paul Volcker completed an investigation for the United Nations into the massively corrupted Oil-for-Food program that operated in Saddam's Iraq between 1996 and 2003.

According to the press release, Sevan allegedly received $160,000 generated from the sale of Iraqi oil under the program from one Ephraim Nadler, an associate who was also indicted, on behalf of the government of Iraq. The money was allegedly used to pay off overdue credit cards and bills.

Specifically, the two were charged with wire fraud, based on their depriving the United Nations of its right to Sevan's honest services; bribery concerning an organization — the United Nations that receives more than $10,000 annually from the federal government; and conspiracy to commit these offenses.

Well now, this is certainly big news. It's time that the oil-for-food scandal returned to the headlines again; Kofi Annan should be tried and charged for his own role in the scandal.