The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News
By Nneoma Omeje, for the Organized Crime and Corruption Reporting Project (OCCRP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UN: Iraq Emerging as Major Drug Trafficking Transit A new report by the United Nations Office on Drugs and Crime (UNODC) claims that Iraq […]
By John Lee. On a recent webinar organised by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University explained the causes and effects of Iraq's dual exchange rate. The three reasons why Iraq has two exchange rates are: Excessive Demand for US Dollars Internationally: There is a high demand for US dollars […]
By John Lee. On a recent webinar organised by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University outlined the key changes in the dinar exchange rate over the years, as well as the consequences of having two exchange rates. (For more on the reasons why Iraq has two exchange rates, click […]
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's banking system blighted by corruption Dysfunction of the sector is a stark reminder of Iraq's unfulfilled economic expectations - 21 years after US-led invasion. Click here to read […]
By John Lee. On a webinar organised by the Iraq Britain Business Council (IBBC) on Tuesday, Professor Frank Gunter of Lehigh University and Dr Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) discussed the drivers of the Iraqi dinar exchange rate. The event marks the official launch of the IBBC's […]
By John Lee. The United Nations Development Programme (UNDP) has issued a new 60-page report on Iraq's efforts to tackle corruption. The Trial Monitoring (TM) programme focuses on high-profile corruption cases tried before the Central Anti-Corruption Criminal Court (CACC) as the primary judicial mechanism for reviewing cases of Grand Corruption across the region of Federal […]
By John Lee. An Iraqi member of parliament has reportedly warned of a "national security disaster", following the alleged disappearance of funds belonging to Canadian security company Biznis Intel. In 2022, the company was controversially awarded a contract to secure Baghdad International Airport (BIAP), taking over from the British company G4S. Shafaq News Agency reports […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Biznis Intel dismisses director amid corruption scandal at Baghdad International Airport Biznis Intel, the company responsible for securing all facilities at Baghdad International Airport, has announced the dismissal of its authorized director ... Click […]
By John Lee. Iraq's Integrity Commission called for streamlining unnecessary procedures when visiting property registration offices. A survey measuring bribery perceptions revealed that 63% of reviewers stated that the desire for quick transaction processing was the primary reason for paying bribes. The Commission recommended strengthening the monitoring role of the Ministry of Justice's regulatory bodies […]
By William Warda, for the British Psychological Society (BPS). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. What does it mean to be a politician in Iraq? William Warda explores how democracy can develop in post-war Iraq, in the face of deeply entrenched […]
By Dana Taib Menmy for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Federal Board of Supreme Audit exposes US$600 million corruption scandal involving 'ghost travellers' Over 151,000 Iraqi citizens acquired US currency at the official rate for travel but […]
By Dr. Joel Ruet, for Diplomatic Courier. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Foreign investment undermined by corruption risks in Iraqi Kurdistan Iraqi Kurdistan was once seen as a beacon of promise in the troubled country, but things have changed in recent […]
