Corruption takes its toll on Iraqi oil industry

[Ernesto]

BAGHDAD: The Iraqi Oil Ministry has sacked more than 450 employees suspected of selling fuel on the black market.

The recent move is the most recent in a series of measures designed to crack down on corruption within the industry, the country's most lucrative sector.



http://www.dailystar.com.lb/article.asp?edition_id=10&c...

[BadGimp]

1. sounds promising

but most likely a piss of honesty in a monsoon of thievery..

[Erika]

2. Ken Lay and Dick Cheneys' in the making

This administration is teaching them well. Make your buck and screw your countrymen.

[lyonn]

3. What's wrong with this picture (story)?

The question should be what isn't corrupt in Iraq and in particular the oil biz. Seems there is 9Bil missing. That is only known because of what we have heard in the news, the media isn't all bad by the way, imagine what isn't being reported. Yeah, right, the oil ministry sacked a bunch of people, cleared the way for some real wheeling and dealing I suspect. Or, helps cover up the other corruption. That story is almost ridiculous. Like the Iraq gov is getting a handle on things over there!!

[lovuian]

4. This is where Evil truly dies it eats itself!!!

greed begets greed begets greed and then there was nothing!!!

[AlCzervik]

5. holy shyte

Liaibi claims that organized gangs are behind these corrupt practices, and blames them for the fact that only 60 percent of trucks carrying oil products from wells to other areas reach their destination, the remainder being attacked and hijacked.

That is a lot of money.

[rumpel]

6. welcome to democracy