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[ltr][rtl]Editorial date: 2018/2/10 23:26[/rtl] • [rtl]1133 times read[/rtl][/ltr]
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[Ayna-Baghdad]
The Minister of Industry and Minerals Agency, Mohamed Shi'a Sudanese, for a corruption and manipulation of large state funds after the audit and audit of the investment contract concluded between the General Company for North Fertilizers and the first international company invested.
"The investment contract was signed in April 2009 between the General Company for North Fertilizers and the Immigration Company for Trade, which in turn transferred the rights and obligations to the First International Company under the Companies Law No. 21 of the year 1996 ".
"The investor's obligations under the contract include the rehabilitation, modernization and development of production lines, machinery, devices, machinery and services in a manner that achieves the design energy within the period specified in accordance with the operational plan of operation, management and operation of the administrative, technical and service labs, processing and transporting raw materials, And their allocations and training according to competence. "
"The duration of the contract was 15 years and was extended by the amount of delay caused in the event of the apparent defects during the rehabilitation period. In addition, the contract required the investor to equip the General Company for Fertilizers with [38.5]% of the production capacity to be achieved in the first stage, And the amount of [525] thousand tons of nitrogen fertilizers and in case of reaching an agreement between the parties when achieving maximum energy, the share of the General Company for fertilizers of production will be [38.5% + 15%] of the difference between maximum energy and design energy.
He added that "the terms of the investment contract were formulated in a non-solid without the preservation of the rights of the company and carry the General Company for fertilizers losses and damage to the company invested as a result of gas cuts, although the process of interruption outside the will of the ministry and not set a period to address the apparent defects, as well as the absence of penalty conditions imposed on the investor In case of violating the terms of the contract in addition to bearing the General Company for Northern Fertilizers pay salaries for six months, although not in the investment file as well as not provide the investor letters of guarantee.
The Minister of Industry and Agency that "the company stopped production for the period from 1/4 to 1/6/2013 due to maintenance work and remained stalled after this date because of the interruption of the supply of gas for the existence of dues on the company for the pipeline company amounted to 21 billion dinars and remained suspended because of the seizure Gangs in mid-April 2014 to 21/10/2015 and still not ready for operation at present. "
Al-Sudani stressed that "after reviewing and auditing the investment and participation contracts concluded by the Ministry during the previous years within the reform plans adopted and the necessary investigations by the Office of the Inspector-General on irregularities in the investment contract concluded between the General Company for Northern Fertilizers and the first investment company and the diagnosis of non-follow roads The right to obtain their rights from the invested company and the waste of those rights in the judicial decision issued in its favor and acquired the determinative degree in addition to recording the state of inaccuracy in calculating the debts incurred by the company invested Mazbb wasting money. "
He pointed out that "the investor has already filed a lawsuit in the courts to claim his entitlements incurred by the company and has received a court ruling for 110 billion dinars of these receivables."
Al-Sudani said that "Immediately, the General Company for Northern Fertilizers paid the first installment of these receivables amounting to 4 billion dinars based on the judgment handed down and after the diagnosis of cases of fraud and corruption suspicions in the investment contract, issued an order to stop the disbursement of the first batch and refer the whole subject to the Office of the Inspector General The Ministry and the Integrity Commission for the purpose of auditing and conducting the necessary investigations. "
He pointed out that "the investigations and audit procedures that have been proved to be a process of manipulation and suspicions of corruption and complicity between the two companies, where the investigation has been to calculate the amount of 418 billion dinars as the entitlements to the General Company for Northern Fertilizers, according to the investor.
He stressed that "the audit and audit procedures of the investment contract concluded between the General Company for the manufacture of northern fertilizers and the international company invested prevented the manipulation and waste of public funds and the referral of those involved to the judiciary under the arrest warrants and seizure of funds issued against the investor [Suhaib Mohammed Abdullah Alani] and the Chairman and members of the Board of Directors General Company For northern fertilizer ".
Al-Sudani stressed that "the ministry is continuing its plans and corrective and corrective measures to detect cases of corruption in previous contracts and work to cancel these contracts and refer the corrupt to the judiciary and establish clear and transparent controls when new contracts to reduce the waste of public funds and fight corruption and corrupt.
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URGENT Industry reveals biggest manipulation of public money
[/ltr][ltr][rtl]Editorial date: 2018/2/10 23:26[/rtl] • [rtl]1133 times read[/rtl][/ltr]
[ltr][You must be registered and logged in to see this image.]
[Ayna-Baghdad]
The Minister of Industry and Minerals Agency, Mohamed Shi'a Sudanese, for a corruption and manipulation of large state funds after the audit and audit of the investment contract concluded between the General Company for North Fertilizers and the first international company invested.
"The investment contract was signed in April 2009 between the General Company for North Fertilizers and the Immigration Company for Trade, which in turn transferred the rights and obligations to the First International Company under the Companies Law No. 21 of the year 1996 ".
"The investor's obligations under the contract include the rehabilitation, modernization and development of production lines, machinery, devices, machinery and services in a manner that achieves the design energy within the period specified in accordance with the operational plan of operation, management and operation of the administrative, technical and service labs, processing and transporting raw materials, And their allocations and training according to competence. "
"The duration of the contract was 15 years and was extended by the amount of delay caused in the event of the apparent defects during the rehabilitation period. In addition, the contract required the investor to equip the General Company for Fertilizers with [38.5]% of the production capacity to be achieved in the first stage, And the amount of [525] thousand tons of nitrogen fertilizers and in case of reaching an agreement between the parties when achieving maximum energy, the share of the General Company for fertilizers of production will be [38.5% + 15%] of the difference between maximum energy and design energy.
He added that "the terms of the investment contract were formulated in a non-solid without the preservation of the rights of the company and carry the General Company for fertilizers losses and damage to the company invested as a result of gas cuts, although the process of interruption outside the will of the ministry and not set a period to address the apparent defects, as well as the absence of penalty conditions imposed on the investor In case of violating the terms of the contract in addition to bearing the General Company for Northern Fertilizers pay salaries for six months, although not in the investment file as well as not provide the investor letters of guarantee.
The Minister of Industry and Agency that "the company stopped production for the period from 1/4 to 1/6/2013 due to maintenance work and remained stalled after this date because of the interruption of the supply of gas for the existence of dues on the company for the pipeline company amounted to 21 billion dinars and remained suspended because of the seizure Gangs in mid-April 2014 to 21/10/2015 and still not ready for operation at present. "
Al-Sudani stressed that "after reviewing and auditing the investment and participation contracts concluded by the Ministry during the previous years within the reform plans adopted and the necessary investigations by the Office of the Inspector-General on irregularities in the investment contract concluded between the General Company for Northern Fertilizers and the first investment company and the diagnosis of non-follow roads The right to obtain their rights from the invested company and the waste of those rights in the judicial decision issued in its favor and acquired the determinative degree in addition to recording the state of inaccuracy in calculating the debts incurred by the company invested Mazbb wasting money. "
He pointed out that "the investor has already filed a lawsuit in the courts to claim his entitlements incurred by the company and has received a court ruling for 110 billion dinars of these receivables."
Al-Sudani said that "Immediately, the General Company for Northern Fertilizers paid the first installment of these receivables amounting to 4 billion dinars based on the judgment handed down and after the diagnosis of cases of fraud and corruption suspicions in the investment contract, issued an order to stop the disbursement of the first batch and refer the whole subject to the Office of the Inspector General The Ministry and the Integrity Commission for the purpose of auditing and conducting the necessary investigations. "
He pointed out that "the investigations and audit procedures that have been proved to be a process of manipulation and suspicions of corruption and complicity between the two companies, where the investigation has been to calculate the amount of 418 billion dinars as the entitlements to the General Company for Northern Fertilizers, according to the investor.
He stressed that "the audit and audit procedures of the investment contract concluded between the General Company for the manufacture of northern fertilizers and the international company invested prevented the manipulation and waste of public funds and the referral of those involved to the judiciary under the arrest warrants and seizure of funds issued against the investor [Suhaib Mohammed Abdullah Alani] and the Chairman and members of the Board of Directors General Company For northern fertilizer ".
Al-Sudani stressed that "the ministry is continuing its plans and corrective and corrective measures to detect cases of corruption in previous contracts and work to cancel these contracts and refer the corrupt to the judiciary and establish clear and transparent controls when new contracts to reduce the waste of public funds and fight corruption and corrupt.
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