Iraqi officials in the assets of international banks stood at $ 220 billion and enough to balance Iraq for three years without selling a single barrel of oil? !!

Date: 01/08/2016

Palm-news sites reported that the volume of solid US assets of Iraqi officials of previous governments as well as officials in the government of the Kurdistan Akulaik deposited in international banks reached so far (220) billion dollars.

She added that this amount alone is enough to budget for Iraq and for a period of three years without exporting barrels of oil and one showed that these shocking facts must be seen by the Iraqi people and the international community to let them know well Where did Iraq funds and wealth over the past years, and why endure the rigors of austerity in the presence of these amounts huge.

The parliamentary finance committee has revealed for the registration of about 228 billion dinars major losses in fictitious projects was supposed to be completed during the past year late walker, specifically before the end of the era of the previous government, indicating that there are political deals and financial corruption great behind those numbers with the growing presence phantom companies in the country.

Said Majida al-Tamimi (member of the Finance Committee in the House of Representatives) that "the Iraqi treasury has seen the loss of 228 billion Iraqi dinars (186.2 million dollars), in projects and fake over the past year, was supposed to be carried out by the competent authorities in the former government agencies (referring them to the state the second former Prime Minister Nuri al-Maliki). "

She added, "Most of the projects were awarded to the relatives of officials, managers of companies to be considered, while it was a fake companies do not exist."

According to a member of the Parliamentary Integrity Committee, Ribawar Taha, there are more than 4,600 fictitious project has not been implemented so far has spent amounts, though the Integrity Committee will work to verify the evidence of those involved in this project and then take the necessary right actions, pointing out that among those involved in this project Senior officials in the state, whether former or current.