Annan son received $300,000 in payments

FT reported Kojo Annan, son of Kofi Annan, United Nations secretary-general, received at least $300,000 from Cotecna, a Swiss inspection company awarded a contract ultimately worth about $60m under the Iraqi oil-for-food contract.

The amount was almost double the sum previously disclosed, but payments were arranged in ways that obscured where the money came from or whom it went to.

CQ blogged This shows that Cotecna knew perfectly well that their relationship with Kojo Annan would be viewed as inappropriate. Hiding payments demonstrates a knowledge of impropriety, which flies in the face of Cotecna's denials in the past. Cotecna made $60 million from the management of oil deals with Iraq based on the OFF program, which means Kojo by himself accounted for 0.5% of all revenue from the contract -- a rather amazing amount.

I suspect he got even more than that.