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Shafaq News/ "Ur" company for electrical industries in Dhi Qar revealed, on Saturday, that it has equipped two ministries in the federal government with equipment worth more than 32 billion dinars, and it has not received the amounts so far.
The director of the company, Haider Sahar, told Shafaq News Agency, that his company's debts owed by the federal government amounted to 32 and a half billion Iraqi dinars, distributed between 30 billion dinars owed by the Ministry of Electricity, and two and a half billion dinars owed by the Ministry of Oil.
He stressed that his company demanded more than once to pay these debts, but to no avail, noting that the failure to pay these debts contributed to the scarcity of raw materials used in the manufacture of materials manufactured by the company, such as electrical wires and cables.
He added that the "Ur" company's sales reached a record high this year, reaching 45 billion Iraqi dinars, stressing that the company could achieve double this amount if the ministries worked to buy the materials manufactured in the company, as it buys them from foreign companies.
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More than 32 billion dinars are debts owed by the federal government to an Iraqi company
Shafaq News/ "Ur" company for electrical industries in Dhi Qar revealed, on Saturday, that it has equipped two ministries in the federal government with equipment worth more than 32 billion dinars, and it has not received the amounts so far.
The director of the company, Haider Sahar, told Shafaq News Agency, that his company's debts owed by the federal government amounted to 32 and a half billion Iraqi dinars, distributed between 30 billion dinars owed by the Ministry of Electricity, and two and a half billion dinars owed by the Ministry of Oil.
He stressed that his company demanded more than once to pay these debts, but to no avail, noting that the failure to pay these debts contributed to the scarcity of raw materials used in the manufacture of materials manufactured by the company, such as electrical wires and cables.
He added that the "Ur" company's sales reached a record high this year, reaching 45 billion Iraqi dinars, stressing that the company could achieve double this amount if the ministries worked to buy the materials manufactured in the company, as it buys them from foreign companies.
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