Tag Archives | Corruption

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

IBBC Webinar: Causes and Cures for Iraqi Corruption

Corruption Worse Than ISIS: Causes and Cures for Iraqi Corruption The Iraq Britain Business Council (IBBC) is delighted to invite you to the public launch of Professor Frank Gunther's new paper on corruption in Iraq on Monday 26th of April from 1pm - 2pm BST. Following the presentation of the paper there will be comments from […]

Iraqi Tax Official Jailed for Corruption

By John Lee. Rusafa Criminal Court has sentenced an employee at the Taxes Public Commission to two years of "severe imprisonment" on a charge of bribery. Iraq's Supreme Judicial Council said the man was found guilty of taking IQD18 million from a merchant in order to reduce taxes. (Source: Iraq Supreme Judicial Council)

Customs Officer Jailed for facilitating Smuggling

By John Lee. Iraq's Federal Court of Cassation has ratified the imprisonment of a former director of the Customs Center at Najaf Airport. According to the Commission on Integrity, the director took money to allow the smuggling of 400 boxes of medicine through the airport. (Source: Commission on Integrity)

Iraq seeks to Recover Looted Funds

By John Lee. The Iraqi President, Barham Salih (pictured), has reportedly announced new legal measures to recover funds looted from Iraq. Economist Basem Jamil Antoun told Asharq Al-Awsat that funds stolen since the fall of Saddam Hussein in 2003 are estimated at $250 billion. Click here to read the full story. (Source: Asharq Al-Awsat)

Iraqi Former Minister Jailed

By John Lee. An Iraqi court has sentenced Riyadh Abdul Hamza Abdul Razaq, ex-Minister of Municipalities and Labour, and Hashem Abdul Zahra Aziz, a director of the Ministry, to two years in prison in relation to a "breach of contract" in the supply and installation of 17 asphalt factories. The contract, signed in 2007, was […]

Iraq tackles Corruption in Currency Auctions

By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Addressing the meeting, the Prime Minister said the reserves of the Central Bank of Iraq (CBI) have increased by $4 billion, adding that the government has been able to tackle what it describes as "the […]

Fourth Oil Exec Jailed for Iraq Bribery

Paul Bond has today been sentenced to three and half years' imprisonment for conspiring with others to bribe Iraqi public officials to secure lucrative oil contracts in post-occupation Iraq. Earlier this week, Bond, a former senior sales manager at SBM Offshore (SBM), was found guilty on two counts of conspiracy to give corrupt payments following […]