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Financial experts reveal a "significant" irregularities in contracts for the Municipality of Baghdad
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Date: 1/16/2016 9:51
Written by [You must be registered and logged in to see this link.]
Date: 1/16/2016 9:51
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1/16/16
Baghdad - INA / A report prepared by the "" international auditing firm Ernst & Young, and published by the Committee of Financial Experts, on Saturday, the existence of major irregularities in the work of the Municipality of Baghdad.
According to the Committee of Experts in a statement that "the Iraqi News Agency" has received a copy of it, "the report stressed that the project of water great Rusafa, which is carried out by two Iraqi companies French and the other did not enter service until the completion of the report despite the expiration of the contract on 06.13.2014 and companies executing the processing equipment and engines in violation of specifications and origin different from what was agreed upon in the contract and that the companies also change the quality of some of the equipment without informing Baghdad's water department. "
The report, according to the Committee's statement, it was "in the contract for the processing of submersible pumps were the tender had been canceled for lack of progress manufacturer or agent of a manufacturer display, and then was hired in the second tender with one of the advanced companies in the first tender amount (3100834000 dinars) despite the lack of submission What benefit as a manufacturer or agent of a manufacturer Contrary to the terms of the tender. "
In another note showed the company's audit that "the Baghdad Municipality has issued instruments without balance on the account in a bank on the other hand have accounts in the same bank have not been moved for a long time, and there are other observations are very important can be found in the full report."
And founded the Committee of Financial Experts on the basis of the Cabinet decision, and began its work in (the first of April 2007), as the alternative to the International Council Advisory and Monitoring, which currently oversees the money spent from the Iraqi public funds derived from oil production and export, which shall be deposited in an account in the supervision US Federal Reserve Bank of New York, based on UN Security Council resolutions passed after the overthrow of the former regime, as the "Development Fund for Iraq", has this account granting international immunity so as not to be liable to seizure and forfeiture as a result of an international court decisions, it may be issued for lawsuits and claims against pre order.
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