UN chief’s son faces fresh oil contract claims

THE son of the UN Secretary-General was yesterday reported to have received at least €230,000 from a Swiss company that was awarded a contract from the UN’s oil-for-food programme in Iraq — almost double the amount previously disclosed.

The Financial Times and Italian business newspaper Il Sole 24 said the payments to Kojo Annan "were arranged in ways that obscured where the money came from or whom it went to".

Former US Federal Reserve Chairman Paul Volcker, who is conducting an independent investigation of alleged corruption in the oil-for-food programme, is due to release an interim report on March 29 detailing his findings about whether or not Kofi and Kojo Annan committed any offences.