1) According to the BBC, U.N. Secretary-General Kofi Annan said, “The bulk of the money that Saddam [Hussein] made came out of smuggling outside the oil-for-food programme, and it was on the American and British watch” (HT: The Corner). This assertion is based on the contention that the $4 billion that Hussein was alleged to have received in the oil-for-food program is “dwarfed” by the $14 billion is said to have come from “sanctions-busting,” illegally smuggling oil to neighboring states such as Jordan and Turkey.

Also, Bloomberg has the latest on US indictments in the case.

2) The Canadian government’s Adscam scandal has been called by an opposition leader “a criminal conspiracy of the like never seen in this country before.” Keep up with news and commentary over at Captain’s Quarters.