Medical and Hospital News  
OIL AND GAS
Iraq probes $2.5 billion 'theft' from tax agency
by AFP Staff Writers
Baghdad (AFP) Oct 16, 2022

Iraqi authorities are investigating the "theft" of $2.5 billion from the tax authority, officials said Sunday, in the latest corruption case to hit the country.

State news agency INA reported Saturday that an internal probe by the finance ministry found the money had been withdrawn from the agency's account at a state-owned bank.

The ministry has asked the government's anti-corruption body to investigate, INA said, without naming the officials embroiled in the case.

Prime minister-designate Mohammad Shia al-Sudani has vowed to tackle endemic corruption in the country and tweeted on Sunday: "We will not allow Iraqis' money to be robbed."

"We will never hesitate to take real measures to stop the corruption that has so brazenly spread across all levels of government."

The finance ministry's probe uncovered "the theft of 3.7 trillion Iraqi dinars (about $2.5 billion) from the account of the general commission for taxes at Rafidain Bank", INA reported.

Local media have published a document from the tax authority showing the money had been withdrawn between September 2021 and August 2022.

It had been transferred to the accounts of five different companies using 247 cheques, and immediately withdrawn from those accounts.

"Who are the real owners of these companies?" asked Iraqi political analyst Sajad Jiyad on Twitter. "Who authorised these cheques to be given to the companies? How did it go undetected for a year, and which politicians are complicit?"

- 'Pervasive corruption' -

Ihsan Ismail, the recently discharged acting finance minister, pointed to a "specific group" in a Saturday statement, without elaborating.

The anti-corruption commission announced Sunday it has launched an investigation, and said in a statement that it will provide the judiciary with all the information and documents it gathers "so that it can make the appropriate decisions" on individuals implicated in the case.

Iraq ranks a lowly 157 out of 180 countries in Transparency International's corruption perceptions index. Criminal charges are rare in Iraq and usually limited to mid-level government officials.

"Pervasive corruption is a major root cause of Iraqi dysfunctionality," UN envoy Jeanine Hennis-Plasschaert told the Security Council in early October.

"And frankly, no leader can claim to be shielded from it."

Iraq is a major producer of oil, and revenues from the sector feed 90 percent of the federal government budget.

A wave of anti-regime protests in late 2019 were spurred in large part by anger over corruption and the related dilapidation of public services.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Africa's longest oil pipeline takes shape in Niger
Gaya, Niger (AFP) Oct 13, 2022
Chinese and Nigerien workers haul giant steel pipes over mounds of earth as heavily armed soldiers keep guard. At Gaya in southwest Niger, near the border with Benin, the longest oil pipeline in Africa is being built. With a projected length of nearly 2,000 kilometres (1,240 miles) - including 1,250 km in Niger itself - the pipeline will connect oil wells in the eastern region of Agadem, a zone troubled by deadly jihadist incursions, with the Beninese port of Seme. Climate campaigners are c ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Death toll rises to 50 in Venezuela landslide

Half the world unprepared for disasters: UN

Dozens still missing four days after Venezuela landslide

Hope fading in search for Venezuela landslide survivors

OIL AND GAS
Mexico denies Russia space deal will aid spying

Taoglas' multi-band GNSS front ends simplify and accelerate product development

Trackem Launches New GPS Business Tracking Platform

Latest Galileo satellites join constellation with enhanced, faster fix

OIL AND GAS
Swedish scientist's study on Neanderthal genes wins Nobel Prize for medicine

A "golden era" to study the brain

Chimpanzee stone tool diversity

Study: Injured brain's ability to heal may hinge on time of day, circadian rhythms

OIL AND GAS
The entire planet's ecosystems classified for the first time: study

Protecting wildlife along the US-Mexico border

Wildlife populations plunge 69% since 1970: WWF

What drives ecosystems to instability?

OIL AND GAS
Pfizer says Omicron booster is effective against BA.5 COVID-19 subvariant

Chinese state media signals no end to zero-Covid curbs

China moves to stamp out Covid outbreaks before Communist Party Congress

Zero-Covid in China key to Xi legacy as he eyes third term

OIL AND GAS
China's Xi on course for historic third term at zero-Covid Congress

China celebrates President Xi in massive exhibition

UN 'alarmed' by sentencing of minors under Hong Kong security law

First minors sentenced under Hong Kong security law

OIL AND GAS
Mexican lawmakers approve keeping army on streets

Army taking on gangs in Colombia's biggest port

Iran navy says thwarted pirate attack on ship in Red Sea

Third body found in drought-hit lake outside Las Vegas

OIL AND GAS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.