The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News
By John Lee. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies accused of helping the Iranian regime evade US sanctions, smuggle weapons, and engage in corruption through networks operating in Iraq. According to a statement from OFAC, the designations target Iraq-based financial and […]
By John Lee. Iraq's Commission of Integrity and the Iraqi National Security Service have signed a cooperation agreement aimed at strengthening joint efforts to combat corruption and crimes that threaten national security and Iraq's economic interests. The agreement covers the exchange of information on corruption suspects and the recovery of stolen assets, as well as investigations […]
By Hayder Al Shakeri for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why is energy-rich Iraq still having to import electricity? For more than a decade, Iraq's power system has relied heavily on Iranian gas and electricity imports, which at […]
By John Lee. Deputy Prime Minister and Foreign Minister Fuad Hussein inaugurated on Wednesday, 10 September 2025, the new 'Tasheel' service for the electronic authentication of documents through secure mail at the Ministry's Consular Department. The launch was attended by Consular Department Director Dr. Falah Abdul Hassan and representatives from the Ministry of Communications. Minister […]
By Jon Wilks, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Dispatch from Basra: Glimpses of hope in Iraq's forgotten south There is perhaps nowhere else where the high hopes of the new Iraq were so dashed as in […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani (pictured) has directed the formation of a high-level investigative committee to examine allegations of corruption involving the mixing and smuggling of crude oil and petroleum products, both at Iraqi ports and within the country's territorial waters. Sudani stressed that there would be zero tolerance in handling […]
By John Lee. Iraq's Federal Integrity Commission has dismantled a network of 16 employees from the Nasiriyah Municipality Directorate involved in bribery, forgery, and embezzlement. In a statement issued on 30th July 2025, the Commission revealed that its Dhi Qar Investigation Office formed a special task force after receiving reports of suspected corruption. The team […]
By John Lee. Iraq's Second Karkh Investigative Court has recovered 3 billion Iraqi dinars [$2.3 million] in connection with a financial fraud case involving two companies accused of manipulating foreign currency exchange rates through illegal overseas transfers. The companies had allegedly exploited discrepancies in the dollar exchange rate using fraudulent methods to generate profits, in […]
By John Lee. Iraq's General Customs Authority has introduced new customs procedures aimed at enhancing trade efficiency, preventing smuggling, and supporting domestic industries. Key Objectives: Implementing modern electronic systems to reduce delays and streamline processes. Strengthening anti-smuggling measures to protect markets from substandard goods. Ensuring fair trade regulations and compliance among all importers. Encouraging local […]
By John Lee. Iraq's Federal Integrity Commission and Russia's Prosecutor General's Office have begun implementing their Memorandum of Understanding (MoU) on anti-corruption cooperation, focusing on asset recovery and international legal assistance. During a meeting with a Russian delegation, Dr. Mohammed Ali Al-Lami, Head of the Integrity Commission, emphasized the need to modernize anti-corruption mechanisms to […]
By John Lee. Iraq's Federal Commission of Integrity (COI) has called on United Nations Convention Against Corruption (UNCAC) member states to enhance legal cooperation in recovering stolen assets and illicit funds. During a meeting with Swiss Ambassador Daniel Hunn, COI Chairman Dr. Mohammed Ali Al-Lami stressed Iraq's commitment to eradicating corruption and preventing capital flight, […]
From the UNDP: UNDP's Report Signal Progress in Prosecutions, Stronger Convictions, and the Need for Continued Justice Reform The United Nations Development Programme (UNDP), in partnership with Iraq's Supreme Judicial Council and with the generous support of the European Union, launched the Second Trial Monitoring Report, a comprehensive view of Iraq's progress in tackling high-level […]
