 A new class of grand mafiosi sucking billions of pounds out of Iraq's vital oil sector is crippling efforts to rebuild the nation, according to an official report published in Baghdad.The findings of the Oil Ministry's independent inspector-general painted a sordid picture of massive abuses pervading every corner of the industry, from the well-head to the petrol pump. It said that since Saddam Hussein's overthrow in 2003, the spread of smuggling had turned Iraq from a major exporter of petrol products into an importer. "These problems have led to the loss of billions of dollars, both in direct actual losses and in lost opportunities," the report concludes....
http://www.telegraph.co.uk
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Editor - 19:33:00 04-29-06
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Editor - 11:37:00 04-29-06
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Editor - 11:34:00 04-29-06
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Editor - 11:28:00 04-29-06
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Editor - 11:23:00 04-29-06
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| US admits Iraq is terror 'cause' Report says that 11,000 attacks worldwide shows the war has become driving factor for extremists |
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Editor - 11:01:00 04-29-06
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| post The Good, The Bad and The Ugly |
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