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Wednesday, September 27, 2006

$7.5 Billion lost in 3 years of Iraqi corruption?

How could you steal 7.5 Billion in 3 years and not have anyone notice?

BAGHDAD, Iraq Arrest warrants have been issued against 88 former Iraqi officials, including 15 ministers, on charges of corruption, an independent anti-corruption commission said Tuesday.

Among those wanted are 61 "living as fugitives abroad," said Ali al-Shabout, spokesman for the Public Integrity Commission. Interpol has been informed that they are wanted for prosecution in Iraq, he said.

The agency, which answers to parliament, is run by a judge who serves a five-year term. It was established in 2003 after the U.S.-led invasion.

Iraq has been struggling to deal with endemic corruption in the civil services.

Al-Shabout said the agency has documented the loss of US$7.5 billion (about €6.0 billion) through corruption over the past three years.


At 5/10/06 12:28 pm, Blogger bomber said...

No one comments about Iraqi corruption, let's just slide it under the carpet and not make any comment. I love how some of the voices here who would have been at full volume in supoorting the Iraqi invasion are always so oddly quiet now it's all gone to hell in a handbasket


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