The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News
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 […]
A federal grand indicted three men from the Toledo area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two non-existent hedge funds, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, and Kathy Enstrom, Special Agent in Charge, IRS-Criminal […]
By John Lee. The Australian Securities and Investments Commission (ASIC) has today discontinued its proceedings in the Supreme Court of Victoria against Charles Stott and Michael Long for alleged breaches of their duties as officers of AWB Limited -- formerly the Australian Wheat Board -- in connection with the United Nations Oil for Food Programme in […]
By John Lee. A US man who helped steal two 10-ton electrical generators from a military base in Iraq in four years ago has been sentenced to three years in prison and ordered to pay $352,111 in restitution. Ruebin S. Thomas, a former civilian contractor, had pleaded guilty to stealing the two generators from the […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Recent information on Satarem sheds serious doubt about its prospects and ability for executing the Missan Refinery project. Iraq’s Ministry of Oil signed, in the presence of the Prime Minister Mr. Nuri […]
