The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News
By Ahmed Maher, for The National. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq corruption: how ministry officials make millions in 'cash for jobs' schemes A part-time job with a temporary contract in Iraq's Industry and Minerals Ministry cost mechanics graduate Yasmine $1,000. […]
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)
By John Lee. A court in Amarah has issued a warrant for the arrest of an ex-director of the Entertainment City. According to a statement from the Supreme Judicial Council, the former director is accused of embezzling "a huge amount from collection during his job". (Source: Supreme Judicial Council)
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 […]
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 […]
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 […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Former Iraqi minister sentenced to two years in prison for corruption A Baghdad court on Sunday sentenced a former Iraqi minister and a general manager from the same ministry each to two years in […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Decades of plundering: Where has Iraq's oil wealth gone? Ranked as the fourth-biggest oil producer in the world, many would assume that Iraq has the financial resources to weather the pandemic. But that […]
By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi border crossings better protected as cells attempt desert attacks The prime minister's decision to send military reinforcements to Iraq's border ports last year seems to have made officials […]
United Kingdom National Charged with Bribery and Kickback Scheme Involving Iraqi Reconstruction Contracts A United Kingdom national is charged with wire fraud and conspiracy to commit bribery for his role in a scheme involving the award of millions of dollars of U.S. Army Corps of Engineers (USACE) reconstruction contracts in Iraq, Acting U.S. Attorney Rachael […]
By Shelly Kittleson, for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi port revenue surges as anti-corruption move bears fruit Iraq's key Umm Qasr Port has been positively affected by measures to reduce corruption, leading to a massive revenue increase […]
Transparency, accountability, integrity: New agreement to help combat corruption in Iraq The United Nations Development Programme (UNDP) and the Iraqi Prime Minister's Office have reaffirmed their partnership and commitment to preventing and combating corruption in Iraq by signing a new Memorandum of Understanding (MoU) designed to promote transparency, accountability and integrity in the public and […]
