Kofi's Kash Kramped

Here's how to decode this:

"painful" == My graft cash stream has been severely degraded.
"embarrassing" == I got caught red handed.

Annan takes responsibility

Kofi Annan, the United Nations Secretary General, on Wednesday described the findings of the investigation into the Iraq oil-for-food scandal as "painful" and "embarrassing", and underlined an urgent need for reform of the world organisation.

Annan accepted personal responsibility but made it clear he is not going to resign. He was on Wednesday formally presented with the 820-page report of Paul Volcker, head of the inquiry, during a meeting of the Security Council
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