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Former U.S. Federal Reserve Chairman Paul Volcker, who led the ...

3rd Nov 2005, 13:03 GMT

(AP) - Former U.S. Federal Reserve Chairman Paul Volcker, who led the Independent Inquiry Committee investigating alleged corruption in the United Nations oil-for-food program arrives for a news conference in New York, Thursday, Oct. 27, 2005. About half of the 4,500 companies in the U.N. oil-for-food program paid $1.8 billion in kickbacks and illicit surcharges to Saddam Hussein's government. (AP Photo/Henny Ray Abrams)

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