Going once, ... Going twice.
Sold for 50,000 dollars
Iraq the 5th most corrupt nation on earth
Corruption has been a major problem for Iraq since the 2003 U.S.-led invasion. Transparency International's 2009 corruption perceptions index ranked Iraq as one of the world's most corrupt nations -- 176 out of 180 countries.
BAGHDAD (Reuters) - Computer equipment worth $1.9 million which the U.S. military says was a gift for Iraqi schoolchildren but was auctioned off for less than $50,000 was sold legally, Iraq's customs authority said Sunday.
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