A Discussion of the UN, Iraq and the Oil-For-Food Investigation
Frank Hydoski, a director at Deloitte Financial Advisory Services LLP and an advisor to the Deloitte Forensic Center, and Mark Califano, chief legal counsel of the Independent Inquiry Committee into the Oil-for-Food Program, discuss their experiences in the Oil-For-Food Investigation with Leo Abruzzese, editorial director, North America, and director, Financial Services, Economist Intelligence Unit.
For the United Nations, primarily a diplomatic organization, attempts to assuage the suffering of the Iraqi people, existing under economic sanctions, quickly led to a multi layered scheme of bribes and kickbacks that involved at least 60 different authorities and 27 countries.
“If you think about bribery, it is really an anti competitive market force. It is stacking the deck in favor of some participants in the market against others. And once you start that, it becomes difficult for the others to say no..."
- Frank Hydoski, Deloitte Forensic Center
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