After 4 years of America's invasion to Iraq, the country now ranks the third in the world's most corrupt countries classified by the international watchdog group Transparency International. The caption of the left picture used to explain the corrupt situation in Iraq reads :Huge quantities of funds-- especially American military and reconstruction aid funds--swirling through this nation, where many civil structures have largely broken down, is a recipe for corruption at all levels. Beyond kidnappings and ransom payments, TI officials say their survey was conducted in the first half of 2006 when funds being handled by the Coalition Provisional Authority were largely exhausted and no longer being disbursed. So the Iraqi government, where corruption is said to be rampant, was in charge of its own funds. International businessmen from a range of countries converging on Baghdad found finance, export credits, contracts and a host of more mundane functions of government all subject to illicit payments.
Tags:
Post Title
→World's Most Corrupt Countries
Post URL
→https://blognews12.blogspot.com/2007/04/world-most-corrupt-countries.html
Visit All News Blog for Daily Updated All News Blog Collection
No comments:
Post a Comment