A report released Monday by the Global Commission on Drug Policy recommends "no penalty whatsoever" for low-level possession and consumption drug offenses. The commission of 23, which includes former UN secretary-general Kofi Annan, Virgin Group founder...
Search Results for: paul volcker
UN disburses $1.3 billion in compensation for Iraq invasion of Kuwait
The UN Compensation Commission (UNCC) on Thursday announced a disbursement of $1.3 billion to two claimants who suffered damages during Iraq's invasion of Kuwait in 1990. The two...
Obama proposes new banking regulations to impede risky investments
US President Barack Obama proposed new banking rules Thursday that he claims would stabilize the banking system and reduce the risk of future bank failures. The legislation would prohibit banks from owning, investing...
Former UN Oil-for-Food chief indicted in US on bribery, fraud charges
The former head of the tarnished UN Oil-for-Food Program was indicted by US federal prosecutors in New York Tuesday on charges of bribery and conspiracy to commit wire fraud. Benon Sevan...
French judicial officials have begun an investigation of the 172 French companies implicated in the UN oil-for-food scandal by the October 2005 report of the UN Independent Inquiry Committee (IIC) chaired by...
Oil-for-food inquiry office to remain open to support international investigations
The office of the UN Independent Inquiry Committee (IIC) tasked with investigating the oil-for-food program will remain open an additional three months, until March 31, so prosecutors can assist "duly authorized law...
UN Secretary-General Kofi Annan said in his traditional year-end press conference Wednesday that he wanted to dedicate his final year in the position to encouraging peace and UN reform [JURIST news...
Volcker dismisses oil-for-food lawsuit threats, cites UN immunity
Paul Volcker , chairman of the UN Independent Inquiry Committee (IIC) investigating the now-defunct UN oil-for-food program , on Friday laughed off news that the Indian government was investigating a possible lawsuit...
Paul Volcker, chairman of an independent commission probing the now defunct UN oil-for-food program , blamed lapses at the UN on a "systemic problem" and said he found only "limited" corruption during his testimony [hearing...