So the interim report is out from the Volcker Commission and Benon Sevan gets named and shamed. At this late date I’m not sure that anyone is really all that surprised by this. One teensy little detail I think worth mentioning, as I did right at the beginning of this saga:

And he’s even going to do it for a nominal $ 1 a year. Amazing! What
could actually prompt such self denial, such devotion to the public
cause ?

In the deal struck with Mr Annan, Mr Sevan will continue
for the next three months and be paid a token $1 (55p) a year as a
consultant, while continuing to enjoy diplomatic immunity.

Gosh children, can you say " cover up "? Diplomatic Immunity means that
he does not have to answer questions, cannot be forced to take an oath
or into a court room, can leave whenever he wishes, and cannot, even if
found later to be lying, be prosecuted.
So, um, Kofi, just why did you extend his immunity ?

Noted in today’s newspaper report:

Mr Volcker said it was a matter for Kofi Annan, the UN
secretary-general, to decide whether to revoke Mr Sevan’s diplomatic
immunity so that criminal proceeding could be launched.
The official, who remains on the staff on a salary of $1 a year so that
he can help the inquiry, explained that the cash came from a retired
aunt in Cyprus.

As above, that $1 a year is what keeps his diplomatic immunity going. Might help, might not.