Sunday, February 21, 2010

Kurdish Minister in trouble


The problem remains that there is a perception that the Kurdish Regional Government is corrupt. Whether it is or is not is not the point. The point is that there are no mechanisms that enable transparency. Employing some maleable firm of American accountants is not the answer. Ranj sends this in:

Minister's secret £13 million: “An oil minister in Iraq quite clearly shouldn’t be making millions of pounds of profits secretly buying and selling shares on the London Stock Exchange in one of the oil companies he oversees,” said one industry source. “He should disclose what he knew about the chances of this firm striking oil and when.” >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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