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Integrity reveals corruption and waste of 4 million euros in the FAO oil depot
18:21 - 27/08/2019
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The Committee on Integrity of Parliament, on Tuesday, a large waste and corruption contract project oil warehouse FAO estimated at more than 4 million and 200 thousand euros, indicating that the Committee will open the file during the next legislative term for investigation.
Committee member Jawad Hamdan told Al-Maalouma that the Ministry of Oil signed a contract to build the FAO oil depot project with two German and Italian companies.
He added that "the value of the contract signed is 6 million euros, while the real price of the contract is one million and 800 thousand euros," adding that "the value of corruption and waste in the contract is estimated at more than 4 million 200 thousand euros."
He explained that "the Commission asked the relevant authorities to provide them with all communications and contract papers and referral for investigation," pointing out that "the Commission will open the file during the next legislative term."
He continued that "the Commission is determined to open all files and oil contracts to investigate and uncover corrupt."
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