Parliamentary Integrity calls on the Abolition of secondary contracts to oil companie
Parliamentary Integrity calls on the Abolition of secondary contracts to oil companies "to wasted millions of dollars."
2016-02-03 16:15:12 | (Voice of Iraq) - Basra
It called the Integrity Committee in the Iraqi Council of Representatives, on Tuesday, to invalidate the secondary contracts signed by international companies operating in the oil fields with some local companies or foreign about "an abuse" of the controls, while confirming that it would investigate with the Oil Ministry on waste of millions of dollars because of those contracts.
The committee member said Bahaa Jamal al-Din said in an interview to the (long-Presse), said that "some international companies operating oil fields Iraqi conclude secondary contracts with local companies or foreign where many irregularities cause of wasting millions of dollars," calling on the Ministry of Oil to "invalidate those contracts immediately to posed by the lack of commitment and a violation of the controls contracts entered into with these companies. "
The MP for the province of Basra, that "the Parliamentary Integrity Committee will investigate with the Ministry of Oil on some of the secondary of those contracts, which recently entered into a being caused squandering of public money", stressing that it "will put these violations to the attention of the people to know how to loot corporate wealth."
And see the oil fields in the southern region, crude oil extraction by international companies invested under the licensing rounds, signed contracts with the Iraqi government.