Parliamentary Finance: oil licensing auction and the currency and phantom projects .. rounds destroyed the economy and 75% of the budgets of Iraq since 2003, were lost due to corruption

Saturday, January 16, 2016 14:30


BAGHDAD / Baghdadi News / ... the parliamentary Finance Committee revealed, on Saturday, for the loss of 75% of the budgets of Iraq since 2003, yet because of corruption, noting that the prime minister Haider al-Abadi and the former head of the parliamentary finance committee to prevent the presence of the current Minister of electricity from the audience in front of Committee in the meeting host.

Said committee member Majda al-Tamimi in an interview with / Baghdadi News /, said that "Iraq's budget since 2003, and so far placed lead to a loss of 50% of them directly through corruption, and loss ratio up to 75% during the implementation of the budget."

She added that "the reason for the destruction of the Iraqi economy and arriving at what it is now came because of the currency auction at the Central Bank and phantom projects, and finally the oil licensing rounds."

Tamimi added that "oil licensing rounds caused the spread of cancer diseases in the province of Basra, officials and foreign oil companies have managed to silence the officials in the province, for the purpose of not claim to address the effects of the destruction of the environment in the province."

She explained that "one of the Basra problems related to the scarcity of drinking water, which have increased recently in the province were due to licensing rounds, where proceeded foreign oil companies to withdraw drinking water from private citizens to maintain the filter stations for the purpose of oil fields injection during the oil extraction process, knowing that the contracts licenses provide for the establishment of companies to private desalination plants extraction operations. "

Tamimi confirmed that "Iraq did not need to licensing rounds decades because he has needed to develop the oil fields and increase production Iraqi competencies away from the terms of these contracts, which raised the price of production per barrel extracted to $ 21 after it was no more than $ 9 a barrel," pointing out that "This contract is a large field of corruption will lead to the loss of Iraq's oil wealth."

With regard to the files of corruption related to the Ministry of Electricity explained member of the committee that "it was delivered the Integrity Commission 36 file for operations corruption in the ministry, but the Commission did not take any action towards it, and there are 50 files belonging to the ministry will be handed over to the Commission after the completion of the above-mentioned files."

She pointed out that "all of the prime minister Haider al-Abadi and former head of the security committee to prevent the current Minister of Electricity Qassim al-Fahdawi of the audience in front of the Finance Committee, which submitted a request in the presence of the minister in front for the purpose of inquiring about the files relating to the work of the ministry" .anthy 21 / N


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