The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News
By John Lee. Shares in Afren plc have fallen by more than 30 percent on the London Stock Exchange on Thursday, following the announcement that the Board has temporarily suspended the CEO, Osman Shahenshah (pictured) and the COO, Shahid Ullah, pending the investigation of alleged “unauthorised payments”. The company has operations at the Barda Rash, […]
By John Lee. A former contractor has been extradited from Iraq after six years on the run, making him the first person to be returned to the United States under the U.S.-Iraq extradition treaty of 1936. Metin Atilan, 54, who has dual U.S. and Turkish citizenship, pleaded not guilty to fraud and conspiracy charges on […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Bribery, corruption, and nepotism have led some analysts to say Iraq's military has been "built to fail". Billions of dollars have been spent rebuilding the military since the fall of Sadaam Hussein, but […]
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A video of Mahmoud al-Hassan, an Iraqi member of parliament (MP) from the State of Law Coalition, talking to a group of farmers in the province of Diwaniyah has circulated in […]
The Special Representative of the United Nations Secretary-General (SRSG) Mr. Nickolay Mladenov (pictured) has reaffirmed UN support to Iraq in its fight against corruption. This came at the opening session of the Baghdad Second International Forum on Stolen Assets Recovery, which was organized by the Integrity Commission. “The UN is taking accountability, transparency and anti-corruption […]
By John Lee. Bloomberg reports that GlaxoSmithKline (GSK) is investigating allegations of improper conduct in Iraq. The company said: “These allegations relate to a small number of individuals. However, we are investigating whether there has been any improper conduct. We have zero tolerance for unethical or illegal behavior.” The Wall Street Journal reported that Glaxo […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Karbala’s New Computer System to Prevent Bribery, Abuse and Burning of Official Documents Authorities in the religious centre of Karbala are planning to computerize their records and start a […]
By John Lee. BBC reports that more than 1,200 people are under investigation in relation to a US military recruitment fraud during the Iraq war. The alleged fraud, in which referral fees were illegally collected for recruiting soldiers, is said to have cost the US government at least $29 million, and possibly as much as […]
The US government has filed a complaint against Kellogg, Brown & Root Services Inc. (KBR) and Kuwaiti companies La Nouvelle General Trading & Contracting Co. (La Nouvelle) and First Kuwaiti Trading Co. (First Kuwaiti) for submitting false claims in connection with KBR’s contract with the Army to provide logistical support in Iraq, the Department of […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Six Years to Build a Short Road: Corruption and Construction in Karbala Despite the city’s tourism wealth, Karbala city officials say they don’t have enough money to complete important […]
By John Lee. An Iraqi parliamentary committee has asked the Commission of Integrity to investigate the contract awarded to Satarem to build a $6-billion refinery in Maysan. Iraq Business News' Expert Blogger Ahmed Mousa Jiyad recently questioned the legitimacy of the contract signed with the Swiss company, prompting the Ministry of Oil to issue a statement […]
By John Lee. China's Caixin has reported that the Missan Oil Company (MOC) has suspended all activities of a company called Hermic, an oilfield service company controlled by former executives of the China National Petroleum Corp. (CNPC). Hermic is said to have won at least 12 engineering outsourcing contracts worth US$75 million from CNPC at the […]
