The Daily Parker

Politics, Weather, Photography, and the Dog

The ambassador's a dodger, yes, and I'm a dodger too

A little-known United Nations agency would like its $22 million back, please:

At the United Nations, two officials had a problem. The little-known agency they ran found itself with an extra $61 million, and they didn’t know what to do with it.

Then they met a man at a party.

Now, they have $25 million less.

In between was a baffling series of financial decisions, in which experienced diplomats entrusted tens of millions of dollars, the agency’s entire investment portfolio at the time, to a British businessman after meeting him at the party. They also gave his daughter $3 million to produce a pop song, a video game and a website promoting awareness of environmental threats to the world’s oceans.

Things did not go well.

Transparency and accountability: it's not just a good idea, it's the law.

(The headline comes from this traditional Anglo-American song. Grift goes back to the beginning of speech, it turns out.)

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