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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Deputy warns against the application of the law of the National Oil Company in its current

    Rocky
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              Deputy warns against the application of the law of the National Oil Company in its current Empty Deputy warns against the application of the law of the National Oil Company in its current

    Post by Rocky Sat 20 Oct 2018, 6:32 am

    Deputy warns against the application of the law of the National Oil Company in its current form





    Saturday 20 October





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    , said MP Abdul Salam al - Maliki on Saturday that the National Oil Company Act included several

     explicit constitutional violations, as he warned that the law , as the current application "will allow the looting of the country 's wealth," called it to stop working. 


    Maliki said in an interview with Alsumaria News, "The application of the law of the National Oil Company as a current farce will allow looting the wealth of the country, where there is no similar law to this company, which is simply a draft theft of wealth and dispersed to others," noting that "the company owns the ownership of oil And the right of full and simple disposition against the country at an abnormal speed in a systematic robbery of wealth. "

    Maliki said that "the law contained several explicit constitutional violations, most notably that oil and gas belongs to the Iraqi people, but the company's law states that ownership to the company, which did not happen in all countries of the world to be owned wealth to an entity responsible for the management of national wealth or operator is not Owner ". 

    He added that "the law guarantees the hegemony and the obvious theft of the oil wealth. It stipulates that the company has the right to participate, invest, pledge and borrow from the Board of Directors. It also gave the right to rob the companies of the Ministry of Oil, including marketing, production and exploration. Companies that stipulate linking them with the Ministry of Oil, "wondering" what is the fate of the Ministry of Oil to steal its companies to a company suspected of stealing the wealth of Iraq? ". Iraq

    Maliki stressed, "Economic and bread basket of the country, and to be established without the dominance of the companies of the ministry and be competitive with the companies operating in the ministry and to specialize only in production and not to have the right to participate and investment and mortgage and borrow, "calling on the House of Representatives" to address the government to suspend the work of this law until amended, Issued at the end of the previous session and a period of record and unthinkable. " 

    The House of Representatives voted in its meeting held on 5 March 2018 on the draft law of the National Oil Company.



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