Friday, March 09, 2007
$8 billion in public funds embezzled
Finance
(RFE/RL) Radi al-Radi, the head of Iraq's Commission on Public Integrity (CPI), told the London-based "Al-Sharq al-Awsat" in an interview published on March 8 that corruption is at an all-time high in Iraq, and far worse than it was under Saddam Hussein's tenure. "There are eight ministers and 40 director-generals against whom corruption charges have been brought and they have all fled abroad," al-Radi said, adding that some $8 billion in public funds has been embezzled.
Labels: corruption, embezzlement