The Finance Committee recommends that legal action be taken against companies buying oil without government approval

by **claud39** Thu Jun 13, 2019 7:26 am

The Finance Committee recommends that legal action be taken against companies buying oil without government approval

06/13/2019

Economy News _ Baghdad

The Finance Committee, at a meeting, voted on the report and recommendations that resulted in the hosting of the Minister of Finance, the Director General of the Oil Marketing Company (SOMO) and the Director General of the Accounting Department of the Ministry of Finance.

The media department of the House of Representatives, in a statement received "Economy News" a copy of it, "The Chairman of the Committee pointed out that the report and recommendations will be submitted to the Presidency of the Council to be submitted to the House of Representatives for a vote."

She added that "the recommendations included speeding up the legislation of the draft law of oil and gas in the maximum term of the next legislative term and the commitment of the Kurdistan Regional Government to pay salaries of regional staff and not spend in other expenses, otherwise the salaries will be distributed by the federal government.

The recommendations, according to the statement, called on the Prime Minister to "oblige the Ministry of Finance to fully implement Article 10 / c of the Budget Law 2019 and hold it accountable before the House of Representatives in the event of non-application of the article. The Committee also called on the Ministry of Oil to take legal action against companies that buy Iraqi oil Without the approval of the Iraqi government, also called on the Ministry of Finance and the Financial Control Bureau to the immediate implementation of Article 11 / VI of the budget law 2019.

The statement said that "the recommendations included addressing the General Secretariat of the Council of Ministers to inquire about the agreement between the former prime minister and the provincial government on the payment of funds for the region in 2018."

The head of the committee MP Haitham al-Jubouri, according to the statement, "to send a letter to the Minister of Finance to provide the Committee a copy of the agreement signed between the former prime minister and the Kurdistan Regional Government on the payment of financial dues for the Kurdistan Region in 2018"

On the other hand, the statement pointed out that "the committee discussed during the meeting the subject of the work of the subcommittees of the Committee and distributed according to the tasks that have been assigned to it, where he was assigned to the deputy Mohammed al-Daraji Chairman of the Committee to review the contract for the building of the new Central Bank of Iraq and the hosting of a number of experts and specialists In this area to find out the merits of the contract. "

He referred to "the commissioning of MP Haneen al-Qaddo head of the investigation committee in the damage of money by the Rafidain Bank and the Central Bank and the hosting of a number of officials to find out the causes of damage, while Cliff MP Mohammed Tamim was chaired by the Committee of auction sale of currency in the Central Bank."

http://economy-news.net/content.php?id=16916