(October 21, 2004) Watchdog warns that graft is crippling the battle against poverty.
Other News Sources
Nigeria refutes global corruption watchdog’s report
(October 21, 2004) The Nigerian government on Thursday refuted Transparency International’s (TI) annual report, describing it as “fundamentally flawed, irrelevant and of little use to reforming countries or those interested in a genuine war against corruption.”
Study says big oil adding to corruption
(October 21, 2004) Most oil-rich countries are burdened by corruption and oil companies contribute to the problem by not publishing information on payments made to governments and state-owned oil companies, according to Transparency International.
Pinochet’s secret millions tarnish his image
(October 19, 2004) Former dictator Augusto Pinochet, admired by a quarter of Chileans, lost credibility even among his strongest supporters after the discovery of secret offshore accounts holding up to US$8 million, an opinion poll revealed.
World Bank urges leaders on values
(October 18, 2004) African governance has been "polluted by western intrusion," James Wolfensohn, the head of the World Bank, said on Friday.
Former oil-for-food chief may be charged
(October 18, 2004) American prosecutors are considering charges against Benon Sevan, the former head of the U.N. oil-for-food program, who has been accused of accepting millions of dollars in kickbacks from Saddam Hussein’s regime.
Corruption running rampant in new state institutions
(October 15, 2004) Corruption is reportedly running rampant in the new Iraqi government, according to Judge Radi al-Radi, who heads the Commission on Public Integrity established by the Coalition Provisional Authority to monitor corruption.
Carlyle pulls out of Iraq debt recovery consortium
(October 15, 2004) The Carlyle Group, a large investment firm linked to US and British politicians, has pulled out of a scheme to recover billions of dollars from Iraq, after documents came to light detailing the secret proposals of a consortium with which it was involved.
Reparations in reverse
(October 15, 2004) By all means, pay Saddam’s victims – but surely that means Iraqis, not rich corporations, says Naomi Klein.
Debt deal controversy: Iraq
(October 15, 2004) High-profile author-activist Naomi Klein this week alleged a consortium, involving a US investment firm linked to President George Bush’s Iraq debt envoy, James Baker, had offered to use its influence to help Kuwait collect $27 billion in reparations from Iraq.
Controversy over Iraq debt deepens
(October 14, 2004) US investment firm linked to Bush envoy may never have told White House of planned backstairs deal.
Carlyle disavows plan to get Kuwait business
(October 14, 2004) The Carlyle Group yesterday said it was not part of a consortium that touted its political ties in an attempt to win business collecting and managing billions of dollars owed to Kuwait by Iraq.
Corruption a two-way street
(October 14, 2004) The only way to find a solution to corruption is to address the problem from both the supply-side and the demand side, say participants at an African conference on governance.
Japan wants vast majority of Iraq’s debt forgiven
(October 14, 2004) Japan’s top financial diplomat on Thursday said Tokyo wants the vast majority of Iraq’s debt to be written off, but did not specify an exact percentage.
Oil-for-food probe gets $30 million fund
(October 14, 2004) An investigation into corruption within the UN’s oil-for-food programme for Iraq will be funded with $30 million (£17m) from the programme itself. UN Secretary-General Kofi Annan announced the money would be put into an account dedicated to the inquiry.


