Report Cites Corruption in Oil Nations
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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 Wednesday in an annual report.
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Investor's Business Daily - Oil For Food: It's one of the great scandals of our time, no less so because the big media have mostly ignored it. Now comes a report hinting why some key former allies opposed the U.S.-led war in Iraq: They were bribed.
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UNITED NATIONS -- The United Nations diplomat who ran Iraq's "oil-for-food program" engaged in "ethically improper" behavior, and the program flouted the world body's financial and purchasing rules, a UN panel found in a preliminary report yesterday.
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OSLO, Aug 18 (IPS) - Norway is using its oil expertise to help similarly  oil-rich, yet often poor and corrupt states that want to pass on  more of their vast revenues to their citizens.
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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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A corruption report from Transparency International (TI) ranks Russia 90th out of 146 countries. The report suggests that corruption remains a serious problem that has not changed significantly in recent years.
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A World Bank report that measures factors like corruption control, government accountability and absence of violence, released on Tuesday, shows little overall improvement in governance worldwide despite increasing focus on the issue.
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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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A third of the countryâs oil refineries have reported disruptions like fires, power failures, leaks, spills and breakdowns this 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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The U.N. inquiry into  allegations of corruption in the now-defunct Iraqi oil-for-food  program on Thursday released the names of some 4,500 firms that  did business with Baghdad but did not rule on their guilt or  innocence.
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Internal audits sent to the director of the Iraq oil-for-food program uncovered extensive mismanagement of multimillion-dollar deals with contractors and fraudulent paperwork by its employees, according to copies of some of the reports obtained by The Associated Press.
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The Christian Science Monitor - With one of the world&#39;s 10 largest oil fields, Kazakhstan lies at the heart of a second &quot;Great Game&quot; for Central Asia&#39;s energy resources being played out between the US, Europe, Russia, and China. Amid growing concern that an influx of resource wealth could be siphoned off by corruption and mismanagement, it&#39;s been hailed as the region&#39;s most stable country.
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The independent panel investigating alleged corruption in the multibillion-dollar U.N. oil-for-food program in Iraq released the names of 248 companies on Thursday that received Iraqi oil and 3,545 companies ...
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African nations have taken big  strides in reducing corruption over the past 10 years, the World Bank says.
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Secretary General Kofi Annan said today that allegations of corruption in the oil-for-food program had &quot;cast a shadow&quot; over the United Nations and made 2004 an especially
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A new report says that the department responsible for collecting billions of dollars from oil and gas companies that drill on federal lands is plagued with ethical lapses.