Volcker: UN should end corruption or its budget should be cut

The United States and its allies should threaten to cut the budget of the United Nations if it fails to end corruption and adopt badly needed reforms, the man who led the probe into the U.N. oil-for-food scandal said yesterday.
Former Federal Reserve Chairman Paul A. Volcker told a Senate Foreign Relations Committee hearing that he opposed a unilateral U.S. withholding of U.N. dues, but that a "de facto alliance" of nations demanding reform could cut through the world body's "culture of inaction."
The message, he said, should be: "Look, if the organization isn't ready to reform itself, that has budgetary implications."