Oil-for-food probe finds 'gross mismanagement' by UN agency

Investigators probing the United Nations oil-for-food programme have found evidence of “gross mismanagement” and possible corruption by the agency that oversaw compensation for victims of Iraq’s 1990 invasion of Kuwait, Iraq’s deputy UN ambassador said early today.

Investigators with the Independent Inquiry Committee had been investigating hundreds of millions of dollars in questionable expenditures by the UN Compensation Commission for months. The commission had denied any wrongdoing.