Tag Archives | Corruption

The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News

Unaoil Claims it was Blackmailed

By John Lee. Monaco-based Unaoil , which has been accused of widespread bribery and corruption in the Iraqi oil industry, has issued a statement claiming that it has been the victim of an extortion attempt. The full statement from Unaoil follows: Unaoil can confirm it has been the victim of a four-month extortion attempt by […]

Audio: BBC Investigation into Iraq Oil Corruption

BBC’s File on 4 has produced a 38-minute programme on the recent allegations of corruption in the Iraqi oil industry, following the leaking of emails from Unaoil. The Monaco-based company denies that it helped companies win contracts by corrupting politicians and government officials.  Jane Deith has been given access to the leaked papers and reveals […]

Iraq: “The Ungovernable Country”?

By John Lee. An article this week by The Economist describes Iraq as “the ungovernable country“. It says: “The economy, meanwhile, is unravelling. The government gets most of its money from oil sales, but the price of the stuff has collapsed. Parliament passed a budget of 107 trillion dinars ($100 billion) for 2016—and projects a […]

Kurdish Integrity Commission: 21 Cases Under Review

By Simon Kent. According to Judge Sedqi Salimkhan, the Integrity Commission of the Kurdish Region of Iraq (KRI) is reviewing 21 corruption cases including an official from the Sulaimani Immigration Department who has been accused of spending funds intended for internally displaced people (refugees.) The anti-corruption initiative is part of a wave of reforms that Kurdish President […]

Expert Blogger Ahmed Mousa Jiyad on Unaoil Corruption Scandal

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Unaoil Corruption Scandal: International and Iraq update and follow-up The recent joint report by Australia’s Fairfax Media and the Huffington Post uncovering serious international corruption scandal allegedly masterminded by a Monaco based […]

Bribery Scandal: PM Calls for Investigation

By John Lee. Prime Minister Haider al-Abaid has called for an investigation into allegations of bribery in the Iraqi oil industry. Iraq’s ambassador to the United States, Lukman Faily, has also said that al-Abadi will personally chair a new committee to review all major contracts issued by government ministries. The moves follow reports from the […]

New Allegations of Massive Corruption in Iraq Oil Industy

By John Lee. An investigation by Fairfax Media — publisher of The Age and The Sydney Morning Herald newspapers — and The Huffington Post, claims that Monaco-based Unaoil has been involved in widespread bribery and corruption in the oil industry, including in Iraq, Iran and Libya. Following examination of tens of thousands of emails, the report says that Unaoil […]

Massoud Barzani vows to Fight Corruption

By Amberin Zaman, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Massoud Barzani vows to fight corruption with same dedication as KRG has fought IS These are critical times in the quasi-independent Kurdish entity in Iraq better known as the Iraqi Kurdistan Region, or […]

Contractors Face Prison for Iraq Fraud

Associated Press reports that two former officers of an American defense contracting firm have pleaded guilty to criminal charges related to rebuilding projects in Iraq. Federal prosecutors say that Neal Kasper (66) and his wife, Tiffany White (49), were involved in a scheme to solicit and accept kickbacks in return for favourable treatment in awarding […]

Total, Vitol Fined in Iraq Oil-For-Food Case

By John Lee. French oil company Total and Swiss oil-trading company Vitol have been fined for corruption by a French court in relation to Iraq’s oil-for-food program. According to Bloomberg, Total was guilty of corrupting foreign civil servants, and has been fined EUR 750,000, while Vitol has been fined EUR 300,000. Other corruption charges against Total […]