Tag Archives | Mesopotamia Equity Fund

US Countersues KBR for Alleged Kickbacks

Bloomberg reports that KBR managers in Iraq and Kuwait are accused by US authorities of taking $45,000 in kickbacks from a dining facility subcontractor from late 2002 through 2003. Terry Hall, who was KBR’s regional food services manager for the two countries, and his deputy, Luther Holmes, were accused of violating the False Claims Act […]

MerchantBridge Launches Mesopotamia Fund to Invest in Iraqi Equities

MerchantBridge, the international private equity group with diverse investment interests operating from Iraq, Lebanon, United Arab Emirates and the United Kingdom, has launched an Iraq equity fund, the "Mesopotamia Equity Fund Ltd". The Mesopotamia Fund is an open ended fund that will capitalize on the expected long term growth of the Iraqi Stock Exchange (ISX). […]