Audit results of Iraq’s 2007 oil sales and revenue flow conducted by Ernst & Young questioned 13.8 million barrels of oil produced but unaccounted for last year; a continued lack of metering throughout the oil value chain; $849 million deposited the wrong place etc. etc.
As Cassablanca’s Captain Renault would have said: I’m shocked, shocked to find that corruption is going on.
Author
-
Daniel Korski is a Senior Policy Fellow at the European Council on Foreign Relations. He has worked in Iraq, Afghanistan, Bosnia-Herzegovina and Yemen as well as in the United States. He is also a Senior Advisor to the Project on National Security Forum.
View all posts