Report finds rampant corruption among oil-producing countries
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LONDON -- Most oil-producing nations are also rife with corruption, and oil companies should provide more information about their operations to help clean up the market, a global watchdog group said yesterday in an annual report.
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The ravages of modern warfare are too often compounded by ill-conceived and expensive post-war reconstruction projects that fuel a "feeding frenzy" of corruption and profiteering, according to a U.N.-funded report.
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Kazakhstan, a country of growing strategic importance, has a record of corruption, flawed elections and rights violations.
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Internal audits conducted by the United Nations of its oil-for-food program revealed lapses in U.N. oversight that allowed contractors to overcharge by hundreds of thousands of dollars, according to copies obtained by The Associated Press.
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Political parties are the public institutions most marred by corruption, an international watchdog group said Thursday in a new global survey marking the United Nations' first International Anti-Corruption Day.
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Myanmar and Somalia have been ranked as the most corrupt nations in Transparency International's 2007 index, released Wednesday &#151; adding pressure to the Southeast Asian country's military regime as it faces the biggest anti-government protests in nearly two decades.
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The latest report on world corruption by Transparency International shows that Latvia is the second most corrupt country in the EU, while Estonia was the least corrupt among the 10 new members in the 25-member union.
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Iraq made more than $21bn from corrupt oil and other deals, a US Senate panel hears - more than twice as much as previously thought.
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The anti-corruption watchdog group, Transparency International, has ranked Bangladesh and Haiti as the world&#39;s most corrupt countries in its annual report.
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Companies that bought Iraqi oil from traders who allegedly spent billions of dollars to bribe Saddam Hussein for contracts under the U.N. oil-for-food program now could be implicated in the vast web of corruption uncovered in the investigation by former Federal Reserve chairman Paul Volcker, a Swiss criminal lawyer told The Associated Press on Sunday.
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As record high prices raise concerns about future supplies of oil, the International Energy Agency, in a new report, stressed the need for oil-producing countries and international
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The U.N.-ordered probe into oil-for-food corruption is being seriously hampered by an elaborate system of ghost firms set up around the world to cover the tracks of bribes to Saddam Hussein as he cheated the &#36;60 billion program, a top investigator said.
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Best and worst countries in the Global Corruption Perceptions Index released Wednesday by Transparency International.
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The insurgency is raising tens of millions of dollars a year from oil smuggling, kidnapping, counterfeiting, corrupt charities and other crimes, a classified U.S. report has concluded.
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Thailand ranked higher in an influential annual list of corrupt countries released on Wednesday, showing slightly results in the country&#39;s anti-corruption fight over the past year.
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OSLO, Nov 20 (IPS) - An international initiative to battle corruption in  oil, gas and the mineral industries could relocate to Norway.
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GLOBAL graft watchdog, Transparency International, yesterday ranked Nigeria as the third most corrupt country in the world, after Haiti and Bangladesh.