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Unraveling Iraq's Railway Contract: A Potential $22.5 Billion Theft of the Century

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Explore the unfolding corruption scandal surrounding Iraq's railway contract, which could amount to a staggering $22.5 billion. Discover how this situation compares to previous thefts and the implications for the Iraqi government.

Observers have described the Iraqi railway contract as potentially the biggest theft of the century, overshadowing previous corruption scandals in the country. The allegations stem from a contract awarded to rehabilitate the dilapidated railway lines in Iraq, which is said to involve exorbitant financial obligations and shady dealings.

The contract reportedly requires the Iraqi government to pay $22.5 billion, raising concerns about the potential for further legal and financial repercussions. Corruption watchdogs and political figures are calling for increased scrutiny and accountability, as the integrity of the railway project remains under question.

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Refs: | Aljazeera |

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