Sunday Times
Robert Winnett
ONE of Britain’s richest men has become embroiled in a criminal investigation being conducted by the American government into allegations of bribery in Iraq.
Nadhmi Auchi, the country’s 34th richest citizen — worth £898m — has been asked to go to America to assist prosecutors probing a multi-million-pound deal to provide a mobile phone network in Iraq.
Officers of the US attorney-general are investigating the awarding of reconstruction contracts in Iraq following the fall of Saddam Hussein.
A recent report found that an estimated £4.7 billion of reconstruction money is unaccounted for and may have been mis-spent, or lost, as a result of corruption in the awarding of Iraqi contracts.
http://www.timesonline.co.uk/newspaper/0,,176-1492039,00.html