Category: Corruption

UN oil-for-food audits find laxity, no fraud

(January 11, 2005) Audit reports released by a U.N.-sanctioned commission into the multibillion-dollar oil-for-food program in Iraq showed lax oversight, understaffing and widespread inefficiencies throughout the system, but no evidence of fraud or corruption.

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(November 30, 2004) Earlier this year, British ministers introduced tough new rules to ensure UK companies wouldn’t pay bribes to win contracts abroad. But now a whole series of allegations is surfacing about UK-backed projects.