corruption Archives - Panorama Insurance Brokers

IBBC launches New Paper on Corruption in Iraq

Iraq Britain Business Council (IBBC) seminar to launch Professor Frank Gunter’s publication on Corruption in Iraq: Corruption Worse Than ISIS: Causes and Cures for Iraqi Corruption In a well-attended online seminar, with leading International and Iraqi businesses, Embassy officials and media, Professor Frank Gunter outlined some of the key points in his paper on Corruption in… Read More

IBBC Webinar: Causes and Cures for Iraqi Corruption

The Iraq Britain Business Council (IBBC) is delighted to invite you to the public launch of Professor Frank Gunther’s new paper on corruption in Iraq on Monday 26th of April from 1pm – 2pm BST. Following the presentation of the paper there will be comments from Dr Renad Masour, Chatham House, and Maya Gebeily, AFP…. Read More

Iraqi Tax Official Jailed for Corruption

By John Lee. Rusafa Criminal Court has sentenced an employee at the Taxes Public Commission to two years of “severe imprisonment” on a charge of bribery. Iraq’s Supreme Judicial Council said the man was found guilty of taking IQD18 million from a merchant in order to reduce taxes. (Source: Iraq Supreme Judicial Council)

Customs Officer Jailed for facilitating Smuggling

By John Lee. Iraq’s Federal Court of Cassation has ratified the imprisonment of a former director of the Customs Center at Najaf Airport. According to the Commission on Integrity, the director took money to allow the smuggling of 400 boxes of medicine through the airport. (Source: Commission on Integrity)

Director of Housing Project Jailed for Bribery

By John Lee. An Iraqi court has sentenced the director of the Baghdad Star [Najmat Baghdad] housing project to two years in prison and fine of IQD 10 million on a charge of bribery. According to Iraq’s Supreme Judicial Council, the director giving an employee money to get investment licenses in Baghdad. (Source: Iraq Supreme… Read More

How Iraqi Officials make Millions in ‘Cash for Jobs’ schemes

By Ahmed Maher, for The National. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq corruption: how ministry officials make millions in ‘cash for jobs’ schemes A part-time job with a temporary contract in Iraq’s Industry and Minerals Ministry cost mechanics graduate Yasmine $1,000…. Read More

Iraq seeks to Recover Looted Funds

By John Lee. The Iraqi President, Barham Salih (pictured), has reportedly announced new legal measures to recover funds looted from Iraq. Economist Basem Jamil Antoun told Asharq Al-Awsat that funds stolen since the fall of Saddam Hussein in 2003 are estimated at $250 billion. Click here to read the full story. (Source: Asharq Al-Awsat)

Embezzlement Alleged at Amarah’s Entertainment City

By John Lee. A court in Amarah has issued a warrant for the arrest of an ex-director of the Entertainment City. According to a statement from the Supreme Judicial Council, the former director is accused of embezzling “a huge amount from collection during his job“. (Source: Supreme Judicial Council)

Iraqi Former Minister Jailed

By John Lee. An Iraqi court has sentenced Riyadh Abdul Hamza Abdul Razaq, ex-Minister of Municipalities and Labour, and Hashem Abdul Zahra Aziz, a director of the Ministry, to two years in prison in relation to a “breach of contract” in the supply and installation of 17 asphalt factories. The contract, signed in 2007, was… Read More

Iraq tackles Corruption in Currency Auctions

By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Addressing the meeting, the Prime Minister said the reserves of the Central Bank of Iraq (CBI) have increased by $4 billion, adding that the government has been able to tackle what it describes as “the… Read More