Sunday, November 11, 2012

Citing Corruption, Iraq Scraps $4.2 Billion Arms Deal

Russian President Vladimir Putin (R) meets with Iraqi Prime Minister Nuri al-Maliki in his Novo-Ogaryovo residence outside Moscow October 10, 2012. REUTERS/Kirril Kudryavtsev/Pool

Iraq Cancels $4.2bn Russian Arms Deal Over 'Corruption' -- BBC

Iraq has cancelled a $4.2bn (£2.6bn) deal to buy arms from Russia because of concerns about "corruption", an Iraqi government advisor has said.

Iraqi Prime Minister Nouri Maliki has suspicions about corruption within his own team, his spokesman told the BBC.

The purchase - said to include attack helicopters and missiles - was only signed off in October.

Iraq has been rebuilding its armed forces since the end of US-led combat operations against insurgents.

One Russian military expert has suggested that the Iraqi authorities scuppered the Russian arms deal under pressure from Washington.

Read more ....

More News On Iraq Canceling A $4.2bn Russian Arms Deal Over 'Corruption'

Iraq: $4.2 Bln Russian Arms Deal ‘Canceled’ -- RIA Novosti
Iraq Rethinks Russian Arms Deal -- Voice of America
Iraq cancels new arms deal with Russia -- CNN
Iraq scraps $4.2 bln Russian arms deal, cites graft -- Reuters
Iraq cancels $4.2bn Russia arms deal -- International News
Iraq cancels $4.2 bln Russian arms deal over suspected graft -- The Daily Star
Iraq scraps $4.2 billion arms deal with Russia -- Deutsche Welle

My Comment:
Corruption in Russia and Iraq ..... say it ain't so.

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