Latest in the UN Oil For Food scandal: Oil-for-food chief ‘has overseas accounts’:
Investigators in the Iraqi oil-for-food scandal have discovered a network of overseas bank accounts operated by Benon Sevan, the former head of the United Nations programme, who is the subject of a criminal inquiry by New York prosecutors.
Officials from investigative agencies, including the UN’s Volcker inquiry, say that Mr Sevan has accounts in his native Cyprus, Turkey and Switzerland.
Hey, perhaps he was just avoiding punitive ATM fees and conversion rates when he travelled.
(Link seen on Roger L. Simon, that other guy with a fedora.)