I haven’t been following this story too closely, but this seems like a good round-up of the events surrounding the Oil For Food Scandal.
Personally, if it were me and it was determined that Annan had used his position at the UN to boost his son’s standings within a company or boost the company’s profitability so that it would benefit his son, well.. I’d consider canning his ass. That’s so not right. But, it looks like no one is blaming him directly in the investigation.