[JURIST] The final report of the Independent Inquiry Committee [official website] investigating the now defunct UN Oil-for-Food program [official website; JURIST news archive] will show that corruption and inefficiencies lead to the program's failure, according to an advanced copy obtained by AP. The report is said to conclude that both the UN Secretariat and the UN Security Council [official website] failed to take clear command of the program, resulting in an "evasion of personal responsibility at all levels." Chief investigator Paul Volcker [Wikipedia profile], former chairman of the US Federal Reserve, says in the report, "As the years passed, reports spread of waste, inefficiency, and corruption even within the UN itself. Some was rumor and exaggeration, but much – too much – of it has turned out to be true." The committee's final report is expected to be released Wednesday. The third interim report [PDF text] was released [JURIST report] last month; other committee documents are also available. AP has more.

4:45 PM ET – The Independent Inquiry Committee has now posted the Preface [PDF] to its final report, due out in full Wednesday.