Where did the $ 40 billion, how evaporated, and who is responsible for this scandal? Question is posed and strongly with the announcement of the President of Parliament Osama Nujaifi of the investigation into the disappearance of this amount from the Development Fund for Iraq in cooperation with governmental financial control and the Ministry of Finance, in the wake of the accusations put forward by the National Congress leader Ahmed Chalabi. What is the story of the 40 billion?
Chalabi spoke about the 40 billion lost in the last eight years, it is believed that, in the most important part of them, wasted between 2003 and 2004 in any phase of the civil administrator Paul Bremer, the U.S.. Nujaifi and detect the formation of a number of commissions of inquiry in this file and follow-up files of corruption, including the two committees are concerned with Balorbain billion, and added: There is still no final accounting on the fate of these funds.It seems that the lack of financial information on the amount to him for several reasons the most important period in which the rule of the civil governor Paul Bremer, Iraq in 2003 and 2004, and recent accusations of administrative and financial corruption. Add to that investigations about the existence of embezzlement in the amounts allocated for «Office of the reconstruction of Iraq» and the absence of the concluding statements of the federal budget approved after 2003 and until the year 2011.
The Vice-Chairman of the Finance Committee in the previous parliament Ismail thanked that there are a number of reasons behind the loss of huge amount Korbain billion dollars during the past eight years, saying it was the responsibility of everyone in the government and Parliament, in addition to the Office of Financial Supervision, which is the provision of financial statements and financial accounts of competence.
Thanked in his speech to the «weekly» He added that «in the event of proven loss of this huge sum, it is a disaster by all accounts, they reveal the failure of Iraqi governmental institutions in the management of funds and mechanisms for distribution and to make precise calculations on the financial resources of the national income and gross national product and other». He said thanks to the first on this is to BSA as the body responsible for public accounts in a government facility, both the ministries and government departments and independent bodies, the Parliament and others, which is also responsible for detecting the final accounts of the budgets approved during the past eight years. I call upon the Parliament and strongly the need for the project includes a budget report from the Government statements closing of government spending for the year preceding the adoption of the budget, as it often crashes the adoption of budgets over the past years due to the desire of Parliament to see the statements of the final but in the end they acquiesce to the pressures of limited time to approve the budget and censor the without access to these statements.
Indicates the website's «BSA» in Iraq to the absence of disclosures final of recent years, which is the only place some statements calculations for the years between 2004 and 2007, but in the years that followed are not publishing any statements, which return it, officials in the Office of Oversight difficulty and complexity of the organization of the financial accounts of government exchange.
Weak control
For his part, MP Mohammed Salman stresses that the responsibility for the loss of this money as the responsibility of disclosure dated back to the parliament, in an interview to «weekly» said: "The Parliament fully responsible for this as a supervisory authority on the work of the executive power in all its divisions and branches. Parliament and the presidency, the former had a duty to refrain from adopting any budget without access to the concluding statements for each year, in order to identify strengths and error detection of cases of financial and administrative corruption. Concluding statements and the absence of a tradition is healthy and should stop and start control mechanisms, financial exchange in the state to prevent additional administrative and financial corruption in the country.
The attention of Salman that there is another problem related to failure of the system and mathematical theories based on the conduct of financial accounts in the country, as States adopt the advanced mechanisms of cardboard at that stage theories and calculations to date, Iraq continues to implement a system in the past and behind the issues calculations on the manual method, which something that would increase errors and misappropriations to devote financial and administrative and financial corruption.
And MP Dhafir al-Ani is likely that these amounts were lost during the mandate of the U.S. civil administrator in Iraq Paul Bremer, noting that there is information and documents on a waste of money for the Iraqis in this stage within forty billion dollars. And confirms Ani that until this moment did not know the doors of disbursement of these funds huge, not of an order of dismissal and where spent, and therefore did not reflect the results of spending on the lives of Iraqis, both at the level of living or service orientation, pointing out that the parliamentary committees formed for this purpose will be revealed truths .
Development Fund
It is known that the Development Fund for Iraq was established under UN Security Council Resolution 2003 and put under UN supervision in order to prevent depletion of these funds by the countries that were payable to the former regime have stated Alaqraraly open an account at the Fed is deposited imports of Iraqi oil and petroleum products or any frozen funds back to Iraq central bank deposits frozen during the reign of the former regime, if launched, in addition to the appropriations of the implementing the «Oil for Food».
Shall be deposited in the «Development Fund for Iraq» Iraq's revenues from oil exports, and to withdraw the UN from this revenue ratio of 5%, the compensation awarded to Kuwait for the 1991 war, with pay and the Ministry of Finance of Iraq's debt before taking up government supervision to «the Development Fund for Iraq» so as not to drain money in it by the creditor nations. And oversees the Fund of the International Council for Control and Supervision, consisting of representatives from the International Monetary Fund and World Bank and the public funds of the United Nations and the Arab Fund for Economic and Social Development and a representative from the Iraqi Finance Ministry. The Fund shall be subject to scrutiny by the auditor to be selected in accordance with international standards, and SDR confined to Iraqi Prime Minister or his nominee, usually the Minister of Finance, the fund has Bhmajtn: The first of the UN Security Council and the second by the CBI. And ending with the protection of the United Nations on June 30 (June 2011) under Resolution 1956 issued at the end of the year 2010, and then take Iraq to protect the money himself.
According to the Integrity Commission of Iraq, four huge files of administrative corruption to bear the authority of the civil administrator Paul Bremer, its consequences, the first is the pump funds a huge increase on the $ 18 billion out of the country, and the second the Development Fund for Iraq which has caused ill-used loss of $ 20 billion, and the third the quantities of oil and funds seized by U.S. forces after the fall of the regime, has been developed management Bremer, in a direct form, while the fourth file is related to fund the reconstruction of Iraq at the U.S. Embassy and the grant funds, amounting to $ 18 billion, which was to waste up to 50 percent
The authority «coalition» under Bremer issued a radical decisions, several unprecedented multinational corporations, the most important resolution number 37, which reduced the tax rate from 40 to 15 percent, and the resolution number 39, which allowed foreign companies to own 100% of Iraqi assets, except for the resources sector natural, also allowed for investors to transfer their full profit out of Iraq without re-invest their profits, which will not impose taxes on them.
Under the law number 39 can sign the licenses, contracts last for forty years, and the resolution No. 40, has welcomed foreign banks to Iraq the same generous terms. In 2003, issued many reports indicating the occurrence of widespread looting of electrical transmission lines and military bases, in addition to stabilizers special equipment giant oil fields. There Mnhopat other paid John Hammer, President of the Center for Strategic and International Studies, located in Washington to say that «there is the process of looting a huge aims to strip anything believed to have value within Iraq to move abroad, he robbed systems of the country», but is that all these files have not been investigated so far by successive Iraqi governments.
The biggest corruption incidents in Iraq has not been investigated so far, despite the promises of governments that came to power, for the disappearance of billion dollars and kickbacks in arms deals held by Iraq with Serbia, took over the Hazem Shaalan, the defense portfolio in the reign of the Governing Council which was headed by American Paul Bremer, has dismissed Shaalan, who is now out of Iraq at the time this information.
Accuse the President of the Board of Supreme Audit Abdul Basit Turki civil administrator for Iraq Paul Bremer that he deliberately disrupting Office of Financial Supervision in order to provide cover for the destruction of state institutions and rules to work, adding in his comment on the reasons for administrative and financial corruption in the country that «Bremer seized Iraqi funds allocated to the reconstruction and construction and the work on the disbursement without a clear strategy ». Points Turkish to the loss of nearly $ 8 billion during the year who led the Bremer Iraq and that disrupted the control procedures that were carried out by the BSA because of the actions that have been imposed at the time, which encouraged the spread of corruption among Iraqi and foreign contractors with the U.S. Army.
For its part, emphasizes the accounting firm «K. Me. Umm. J. », which assumed the responsibility of auditing the accounts of the Development Fund that the U.S. officials who ran Iraq« circumvented »in dealing with some $ 20 billion spent during the occupation, which confirms that many of the contracts concluded by an interim authority had not seen the now defunct Governing Council dissolved .
Has not hitherto been any clarification from the interim authority is not dissolved and the U.S. administration, not by the government on the fate of those funds
Shall be deposited in the «Development Fund for Iraq» Iraq's revenues from oil exports, and to withdraw the UN from this revenue ratio of 5%, the compensation awarded to Kuwait for the 1991 war, with pay and the Ministry of Finance of Iraq's debt before taking up government supervision to «the Development Fund for Iraq» so as not to drain money in it by the creditor nations. And oversees the Fund of the International Council for Control and Supervision, consisting of representatives from the International Monetary Fund and World Bank and the public funds of the United Nations and the Arab Fund for Economic and Social Development and a representative from the Iraqi Finance Ministry. The Fund shall be subject to scrutiny by the auditor to be selected in accordance with international standards, and SDR confined to Iraqi Prime Minister or his nominee, usually the Minister of Finance, the fund has Bhmajtn: The first of the UN Security Council and the second by the CBI. And ending with the protection of the United Nations on June 30 (June 2011) under Resolution 1956 issued at the end of the year 2010, and then take Iraq to protect the money himself.
According to the Integrity Commission of Iraq, four huge files of administrative corruption to bear the authority of the civil administrator Paul Bremer, its consequences, the first is the pump funds a huge increase on the $ 18 billion out of the country, and the second the Development Fund for Iraq which has caused ill-used loss of $ 20 billion, and the third the quantities of oil and funds seized by U.S. forces after the fall of the regime, has been developed management Bremer, in a direct form, while the fourth file is related to fund the reconstruction of Iraq at the U.S. Embassy and the grant funds, amounting to $ 18 billion, which was to waste up to 50 percent
The authority «coalition» under Bremer issued a radical decisions, several unprecedented multinational corporations, the most important resolution number 37, which reduced the tax rate from 40 to 15 percent, and the resolution number 39, which allowed foreign companies to own 100% of Iraqi assets, except for the resources sector natural, also allowed for investors to transfer their full profit out of Iraq without re-invest their profits, which will not impose taxes on them.
Under the law number 39 can sign the licenses, contracts last for forty years, and the resolution No. 40, has welcomed foreign banks to Iraq the same generous terms. In 2003, issued many reports indicating the occurrence of widespread looting of electrical transmission lines and military bases, in addition to stabilizers special equipment giant oil fields. There Mnhopat other paid John Hammer, President of the Center for Strategic and International Studies, located in Washington to say that «there is the process of looting a huge aims to strip anything believed to have value within Iraq to move abroad, he robbed systems of the country», but is that all these files have not been investigated so far by successive Iraqi governments.
The biggest corruption incidents in Iraq has not been investigated so far, despite the promises of governments that came to power, for the disappearance of billion dollars and kickbacks in arms deals held by Iraq with Serbia, took over the Hazem Shaalan, the defense portfolio in the reign of the Governing Council which was headed by American Paul Bremer, has dismissed Shaalan, who is now out of Iraq at the time this information.
Accuse the President of the Board of Supreme Audit Abdul Basit Turki civil administrator for Iraq Paul Bremer that he deliberately disrupting Office of Financial Supervision in order to provide cover for the destruction of state institutions and rules to work, adding in his comment on the reasons for administrative and financial corruption in the country that «Bremer seized Iraqi funds allocated to the reconstruction and construction and the work on the disbursement without a clear strategy ». Points Turkish to the loss of nearly $ 8 billion during the year who led the Bremer Iraq and that disrupted the control procedures that were carried out by the BSA because of the actions that have been imposed at the time, which encouraged the spread of corruption among Iraqi and foreign contractors with the U.S. Army.
For its part, emphasizes the accounting firm «K. Me. Umm. J. », which assumed the responsibility of auditing the accounts of the Development Fund that the U.S. officials who ran Iraq« circumvented »in dealing with some $ 20 billion spent during the occupation, which confirms that many of the contracts concluded by an interim authority had not seen the now defunct Governing Council dissolved .
Has not hitherto been any clarification from the interim authority is not dissolved and the U.S. administration, not by the government on the fate of those funds
No comments:
Post a Comment