May 18, 2013
Dozens of internal audits at the U.N. show there was widespread mismanagement in the oil-for-food program with Iraq.
An independent panel released more than 50 U.N. documents yesterday, adding piles of information on the scandal.
The reports show how U.N. agencies squandered millions of dollars through suspicious overpayments, bad purchasing and employee fraud.
The independent panel says U.N. auditors generally did a good job, but they didn't look hard enough at administrators. The panel implies that the auditors may have overlooked some corruption in the organization.
The U.N. admits the reports show serious problems, but also point out that they show the world body was monitoring itself.
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