Tag Archives | Corruption

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

Korean Court Rejects Claim of KRG Bribery

The KRG’s Ministry of Natural Resources (MNR) notes the decision by the Seoul Western District Court in Korea to grant an application from the Korean National Oil Company (KNOC) ordering the Korea Times newspaper to delete all published articles relating to allegations by a Korean MP of a misuse of funds by the KRG and […]

Time for Change in Iraq

By Padraig O’Hannelly. It’s nearly a year since the Islamic State (IS, ISIS, ISIL) seized control of Mosul. Almost as significantly, it is also roughly one year since the price of crude oil began its latest descent, severely limiting Iraq’s ability to fund its defence and development. Many expect these two phenomena to be with […]

Iraq’s Missing Money

By Walid Khoudouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is passing through a dangerous phase. There is a lot of waste and corruption and little transparency in state institutions. The security situation is deteriorating. And lately, there has been negative information about […]

Former CEO Sentenced, Fined for Fraud

By John Lee. The former president, chief executive officer, and chairman of the board of a New Jersey-based international engineering consulting company has been sentenced to 12 months of home confinement and fined $4.5 million for conspiring to defraud the U.S. Agency for International Development (USAID) with respect to billions of dollars in contracts over […]

Contractor Pleads Guilty in Iraq Bribes Case

By John Lee. A man extradited from Iraq to the United States has pleaded guilty to conspiracy to commit wire fraud, and to two charges related to leaving the country after his arrest. Metin Atilan, who has dual Turkish and U.S. citizenship, was charged with conspiring to pay bribes and kickbacks to win a contract […]

KRG Rejects Korean Corruption Claims

By John Lee. The Kurdistan Regional Government (KRG) has completely rejected what it calls “the false and malicious allegations of misuse of funds made against the KRG and the Minister of Natural Resources” by an opposition MP in the Republic of South Korea and which were published by the Korea Times. Korean MP Chun Soon-ok […]

Bogus University Grads Clog Job Market

By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Meager employment opportunities have led Iraqi university graduates holding doctoral and master’s degrees to despair, as they pursue fruitless searches for jobs in government ministries and the private sector. In Babil province Feb. 3, […]

Iraq’s Corruption Continues Unchecked

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An Iraqi contractor who works on road pavement and sewage projects in the Iraqi capital told Al-Monitor, “Government officials as well as senior contractors related to them have stakes in most, if not all, of […]

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