From Bounty to Barren: The Descent of Iraq’s Natural Gem Amidst Greed and Corruption

The committee stated in its report that Iraq loses millions of dollars from its economy annually due to corruption in this vital sector.

A series of documents documented the waste and suspicions of corruption in the ports of Iraq and its general manager, Farhan Al-Fartousi, on the basis of which a parliamentary committee was formed to follow up on these files and expose them, which confirms the existence of major financial and administrative violations in the work of the Iraqi ports, which led to the waste of funds estimated at trillions of dinars and obligated the government to pay large interest due to suspicions of corruption and huge thefts, which is a dangerous phenomenon in light of the modern Iraqi state.
The report indicated that there are many corruption deals in Iraq’s ports, not to mention that these ports are one of the most important non-oil financial resources for the Iraqi treasury due to the revenues from customs and taxes imposed on imported materials, which have become prey to suspicious deals tainted with corruption files.
According to the parliamentary committee, which confirmed the monitoring of administrative and contractual violations at a worrying level, in light of the presence of unidentified companies, not to mention political support for the existence of contracts that are not in line with the true vision of the state and the applicable systems and laws.
Iraqi MPs warned that Iraq’s ports would turn from an economic resource for the state into a gateway to corruption and a source of funding for private entities and parties involved in controlling its resources and turning it into an inheritance handed down from fathers to sons and from one official to another.
Calls are mounting for swift action to hold those involved accountable, expose and address corruption in Iraqi ports, infrastructure and economic projects, and tighten controls that govern work closely to prevent major corruption operations that have cost Iraq billions of dollars in losses over the years.

Source: Iraqi News Agencies

#Government #report #suffocation #Iraqs #lung #transformation #door #theft #corruption
2024-09-08 01:09:31

Iraq corruption⁢ rank

Corruption in Iraq’s Ports: A Threat to the Country’s⁢ Economy

Iraq, a country rich in oil reserves, has ⁤been ⁣plagued by corruption in its vital sectors, including its⁤ ports. According to a report by a parliamentary⁤ committee, ⁤Iraq loses millions of dollars from its economy annually due to corruption in its ports

. This corruption has led to the waste of funds estimated at trillions of dinars ‌and has obligated the government⁣ to pay large interest due to suspicions of corruption and huge thefts.

The Iraqi ports, particularly⁤ the ⁣Umm‌ Qasr Port, are a significant‍ source of revenue for the government, generating income from customs and ⁢taxes imposed on imported materials. However, these ports have become‌ prey to suspicious deals tainted with corruption files. The report‌ by the parliamentary committee confirmed the existence of major financial and‍ administrative ‍violations⁢ in the‍ work ​of the Iraqi ports, including unidentified companies and contracts that are not ⁤in line ⁢with ⁣the ‍true vision of the state and the applicable ⁣systems and laws.

In 2021, Iraqi President Barham Salih stated that‍ US$150 billion of oil money ⁤had been stolen and smuggled out of ​Iraq ‌in corrupt deals since the 2003 U.S. invasion‍ [[1]]. This staggering figure highlights the magnitude ⁤of the corruption problem in Iraq. Furthermore, ⁣in⁣ 2021, two generals were arrested on suspicion of taking bribes to waive customs duties at‍ a key port [[2]]. This ‍arrest was a result⁣ of measures taken by the⁣ Iraqi government to reduce corruption and ⁣increase revenue.

In fact,‌ anti-corruption moves have started to bear fruit, with revenue at ‌the Umm Qasr Port surging in 2020 [[3]]. This increase in revenue is a positive sign ⁣that the government’s efforts to combat ⁣corruption are paying off.

The Iraqi MPs⁢ have warned ⁤that if corruption is not​ addressed, Iraq’s ports would turn from an economic ⁢resource for the state into a⁢ gateway to corruption and a source of funding for criminal activities. This is a dangerous phenomenon that could have far-reaching consequences ⁣for the modern Iraqi state.

corruption in Iraq‘s ports ​is a significant problem‍ that needs to be addressed urgently. The government⁤ must continue‍ to take measures to combat corruption, increase transparency, ‌and hold those responsible accountable. By doing so,​ Iraq⁢ can unlock the full potential of its ports and ensure ‍that ⁢this vital sector contributes to the country’s economic ⁣growth ⁤and development.

Keywords: Corruption in Iraq, ​Iraq’s ports, Umm ⁤Qasr Port, corruption in ports, Iraqi ‍economy, anti-corruption measures.

References:

<a href="https://en.wikipedia.org/wiki/CorruptioninIraq”>[1]

[2]

[3]

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Corruption in Iraq’s Ports: A Threat to the Country’s Economy

Iraq, a country rich in oil reserves, has been plagued by corruption in its vital sectors, including its ports. According to a report by a parliamentary committee, Iraq loses millions of dollars from its economy annually due to corruption in its ports. This corruption has led to the waste of funds estimated at trillions of dinars and has obligated the government to pay large interest due to suspicions of corruption and huge thefts.

The Iraqi ports, particularly the Umm Qasr Port, are a significant source of revenue for the government, generating income from customs and taxes imposed on imported materials. However, these ports have become prey to suspicious deals tainted with corruption files. The report by the parliamentary committee confirmed the existence of major financial and administrative violations in the work of the Iraqi ports, including unidentified companies and contracts that are not in line with the true vision of the state and the applicable systems and laws.

Corruption in Iraq’s ports is a significant problem that needs to be addressed urgently. The government must continue to take measures to combat corruption, increase transparency, and hold those responsible accountable. By doing so, Iraq can unlock the full potential of its ports and ensure that this vital sector contributes to the country’s economic growth and development.

The Magnitude of Corruption in Iraq

The scale of corruption in Iraq is staggering. In 2021, Iraqi President Barham Salih stated that US$150 billion of oil money had been stolen and smuggled out of Iraq in corrupt deals since the 2003 U.S. invasion [[1]]. This staggering figure highlights the magnitude of the corruption problem in Iraq. Furthermore, in 2021, two generals were arrested on suspicion of taking bribes to waive customs duties at a key port [[2]]. This arrest was a result of measures taken by the Iraqi government to reduce corruption and increase revenue.

Anti-Corruption Efforts

In fact, anti-corruption moves have started to bear fruit, with revenue at the Umm Qasr Port surging in 2020 [[3]]. This increase in revenue is a positive sign that the government’s efforts to combat corruption are paying off.

Government Response

The Iraqi government has taken steps to address the issue of corruption in its ports. In 2021, the government launched an anti-corruption campaign, which included the formation of a parliamentary committee to investigate corruption allegations in the ports [1]. The committee’s report highlighted the existence of major financial and administrative violations in the work of the Iraqi ports, including unidentified companies and contracts that are not in line with the true vision of the state and the applicable systems and laws.

International Support

The international community has also recognized the need to address corruption in Iraq. The United Nations Development Programme (UNDP) has launched a project to support Iraq’s fight against corruption, which includes providing specialized training to institutions and revising anti-corruption laws [[2]]. This project aims to strengthen Iraq’s institutions and enhance their capacity to combat corruption.

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