The latest corruption news from Iraq – company or government bribes, theft, stealing – brought to you by Iraq Business News
By John Lee. The Karkh Investigation Court, which is specialized in integrity issues, has reportedly issued an order to seize the movable and immovable assets of former Oil Minister Ihsan Abdul-Jabbar. According to the state-run Iraqi News Agency (INA), citing a court source, the case relates to the alleged exploitation of his position and the […]
From The Economist. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The plot thickens over Iraq's bank heist The exposure of crookery surrounding Iraq's tax revenues has rattled rulers, past and present. Read the full article here (subscription needed).
By John Lee. Iraq's Commission of Integrity has announced that a suspect in the theft of approx $2.5 billion from the Iraqi tax authorities has being extradited from Jordan to Iraq. The theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority's account at the state-run Rafidain Bank is sometimes referre to […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Takes First Step Towards Becoming The World's Biggest Oil Producer Iraq's parliamentary oil and gas committee plans to increase the country's oil production to more than five million barrels […]
By John Lee. Iraq has been granted membership of the Egmont Group, which focuses on exchanging information among financial investigation units combating money laundering and terrorist financing. The vote took place during the group's 29th general meeting in the United Arab Emirates on Wednesday. The meeting was attended by Deputy Chief Judge of the Court […]
By Louisa Loveluck and Mustafa Salim, for The Washington Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A building boom fueled by corruption is changing the face of Baghdad Twenty years after an American-led invasion plunged Iraq into conflict, a real estate […]
By John Lee. The Iraqi Ministry of Industry and Minerals has been hit by a financial scandal with the disappearance of 120 billion dinars [$92 million] from one of its companies. An Investigation and Control Division's official, who recently moved to the General Company for the Automotive and Equipment Industry in Iskandariya [Alexandria], in Babil […]
By Adam Lucente 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 religious official dies of heart attack following escape from prison Saad Kumbesh, the former head of Iraq's Sunni waqf, died after he was caught by police. He was […]
By Adam Lucente 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 religious official escapes from prison Saad Kumbesh, the former head of Iraq's Sunni waqf, was serving time for corruption. Click here to read the full article.
By Bassam Yousif and Omar El-Joumayle, for the Economic Research Forum (ERF). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Reconsidering Expenditure Priorities in Iraq: A Targeted Basic Income While Iraq has experienced greater political inclusion over the last two decades, economic inclusion remains […]
Government of Iraq and UNDP sign Memorandum of Understanding to boost the fight against corruption The Government of Iraq, represented by the Prime Minister's Office, and the United Nations Development Programme (UNDP) have reaffirmed their partnership and commitment to preventing and combating corruption in Iraq by signing a Memorandum of Understanding (MoU) designed to promote […]
By Sajad Jiyad, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Mechanisms of Corruption in Iraq While it is well known that Iraq is entrenched in corruption and that the political elite are […]
