UNSCAM UPDATE: The New York Times has an interesting memo report:

Kofi Annan has said several times that he did not discuss the contract with his son and was not involved in Cotecna’s selection. A United Nations panel headed by Paul A. Volcker, a former chairman of the Federal Reserve, concluded in March that Mr. Annan had not influenced the awarding of the $10 million dollar-a-year contract to the company.

But the memo appears to raise questions about the secretary general’s role.

I’m not terribly confident that the Volcker Commission will get to the bottom of this, but I hope that someone will.

Ed Morrissey offers perspective:

For months, Kofi Annan has denied any connection between the UN Oil-for-Food contractor and himself through his son Kojo. The Secretary-General has gone so far as to state that he never met with Cotecna on OFF business and only had the most general of information from his son. However, Cotecna has found an e-mail that indicates their executives did indeed meet with Kofi, making his earlier denials look more and more suspicious:

Indeed.

UPDATE: More major developments here.