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Oil inspector: Stop wasting 11 billion dinars and 118 million dollars
30/1/2018 12:00 am [rtl] BAGHDAD / Al-Sabah: The Office of Inspector General of the Ministry of Oil has stopped the waste of public funds in excess of 11.5 billion dinars in addition to more than 118 million dollars last year, confirming his success by providing more than one billion dollars as a result of reducing the cost of tenders and secondary contracts concluded for the same year. Inspector General of Oil Hamdan Awajel Rashid said in a special statement to «morning», that the Office succeeded last year to stop the waste of public funds amounting to 11 billion and 785 million dinars in addition to more than 118 million and 150 thousand dollars, noting that the amounts managed by the Office to recover more than five Billion and 995 million dinars, in addition to more than four million and 123 thousand dollars. He added that the Office has estimated that the amounts recommended by the Office exceeded three billion and 775 million dinars, in addition to more than 99 million dollars. Rashed stressed that the Bureau has carried out through its supervisory work, whether in auditing, investigating or participating in the ministerial committees that are very important in the work of the Supervisory Office, to have an effective role in reducing the cost of tenders and secondary contracts using accumulated experience, database and software that lead to savings Which is reflected positively on the reduction of the total production costs per barrel of crude oil, as the Office was able to reduce the amount of over $ 300 million last year from the tenders that were reviewed.[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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