Paul Volcker Committee

The second so-called Volcker Commission, officially called " Independent Inquiry Committee into the United Nations Oil-for- Food Programme " (German: Independent Committee of Inquiry into the UN Oil - for - food program ), was a commission of the UN, the study of the had accused of corruption in connection with the oil - for-food program in Iraq to the topic.

The committee was set up by UN Secretary General Kofi Annan in April 2004. The Commission was named after its chairman, former chairman of the U.S. Federal Reserve Paul Volcker. Other members were South African judge Richard Goldstone and Swiss criminal law professor Mark Pieth. The Committee had 60 members and a budget of 30 million dollars, which was removed from the oil - for-food program.

The Commission published its interim report in February 2005 and the final report in late October 2005.