POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]
[size=52]A government company sues the Ministry of Oil and demands more than two billion dinars[/size]
[size=45]Dhi Qar / Hussein Al-Amel[/size]
[size=45]A government company revealed that it is going to sue the Ministry of Oil and demand it to pay two billion and 300 million dinars, stressing that the accumulated debts of the ministries of oil and electricity, amounting to about 30 billion dinars, have had a negative impact on the pace of production in the company, and threatened to open files of official institutions dealing with the private sector.[/size]
[size=45]Haider Sahar Al-Husseinawi, Director General of the Ur Company, affiliated with the Ministry of Industry, said in an interview with (Al-Mada), that "the company's management was forced to sue the Ministry of Oil (the General Company for Oil Projects) before the Nasiriyah Investigation Court after its reluctance to pay the financial dues, not to mention the late fines."[/size]
[size=45]Al-Husseinawi added, "The total debts of the company owed by the Ministry of Oil amount to two billion and 350 million dinars under a contract concluded in 2020."[/size]
[size=45]He pointed out that "the contract included the supply of cables and electrical wires for the Sabbah and Lahais field in Nasiriyah, at a value of two billion and 500 million dinars."[/size]
[size=45]Al-Husseinawi pointed out that "the oil company provided only an initial payment of the contract value and did not pay 90% of the total value."[/size]
[size=45]He stressed, "The management of the Ur company was forced to sue the Ministry of Oil after it was unable to recover its debts for two years."[/size]
[size=45]Al-Husseinawi continued, "The Ministry of Oil is one of the rich ministries with great potential, and it is illogical not to pay the dues of a government company whose production depends on self-financing."[/size]
[size=45]He believed that "this serves to discourage the national industry and is in the interest of importing from abroad."[/size]
[size=45]It is worth mentioning that Ur State Company for Engineering Industries was established in the early seventies of the last century and started work in 1973. 3 thousand members currently from various technical and engineering specializations.[/size]
[size=45]Al-Husseinawi said, "The Ur company is considered one of the companies supporting the ministries of electricity and oil and a number of other ministries, and covers its needs from the company's various products, including cables and wires," and added, "But unfortunately, most ministries do not pay the debts they owe to the company."[/size]
[size=45]He pointed out that "Ur Company operates according to the self-financing system and has more than 3200 employees, with 2600 employees working on the permanent owners and 600 employees working according to the wage and contracts system," stressing that "the total accumulated debts on the ministries of oil and electricity amount to about 30 billion dinars." .[/size]
[size=45]Al-Husseinawi stated, "The debts are distributed at 27 billion dinars to the Ministry of Electricity and two billion and 350 million dinars to the Ministry of Oil."[/size]
[size=45]He explained, "The Ministry of Electricity, despite its large indebtedness, pays part of the debt periodically, and with every meal, it prepares the required materials."[/size]
[size=45]Al-Husseinawi finds, “The lack of cooperation of the ministries in paying their debts is causing the disruption of the national industry, especially the Ur company, which is the only company in the country specialized in the production of cables and wires.”[/size]
[size=45]He added, "When the ministries need the products of the Ur company, they are provided immediately, but the ministries do not pay the company's dues according to the contracts concluded between the two parties."[/size]
[size=45]Al-Husseinawi disapproved of the ministerial measures, saying that “the federal ministries pay the private sector’s dues in cash and are reluctant to pay the dues of our company as it is a government company,” expressing regret that “the government support for industry is weak if not negative, especially in the area of disbursing financial dues.”[/size]
[size=45]Al-Husseinawi believes that “this is a negative and dangerous indicator that is not in the interest of the national industry.”[/size]
[size=45]He stressed, "The failure to pay debts to the company would impede financing the purchase of raw materials entering the production process, and thus negatively affect the pace of work and production."[/size]
[size=45]At the same time, Al-Husseinawi praised the Ministries of Communications and Defense in the field of paying the dues of the supply contracts concluded with them, stressing that "the problem of non-payment of debts is represented by the two richest Iraqi ministries, which are oil and electricity."[/size]
[size=45]He waved “to sue the reluctant ministries to pay debts and open their files to the Integrity Commission, especially files related to deals concluded with the private sector,” calling for “auditing contracts between ministries departments and private sector companies that enjoy support at the expense of the public sector.”[/size]
[size=45]Al-Husseinawi stressed, "The ministries departments pay in cash to private sector companies, while they are late and procrastinate in paying public sector companies, including Ur Company."[/size]
[size=45]And he spoke, of “circumvention in some departments of the ministries on the instructions of the Council of Ministers to support the national product by dealing with public sector companies,” hinting at “the existence of suspicions of corruption by insisting on dealing with private sector companies, some of which are owned by government officials.”[/size]
[size=45]Al-Husseinawi attributed the reasons for the lack of cooperation of some government departments with public sector companies to the fact that “public sector companies do not pay commissions to those responsible for concluding supply contracts, while private sector companies are able to do so.”[/size]
[size=45]He pointed out, "The production is currently going well and is in line with the mechanism of processing contracts concluded with the relevant ministries and the private sector."[/size]
[size=45]Al-Husseinawi stated, "The company's total monthly sales of cables, wires, sections and aluminum sheets range between two billion and two billion and 500 million dinars."[/size]
[size=45]In (mid-June 2022), the management of Ur State Company revealed a record increase in its production and sales this year, confirming the supply of electrical circuits with 1,000 km of cables and wires during the month of May, and the marketing of about 500 tons of aluminum profiles and sheets to the local markets, Turkey and Syria during the past few months.[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]A government company sues the Ministry of Oil and demands more than two billion dinars[/size]
[size=45]Dhi Qar / Hussein Al-Amel[/size]
[size=45]A government company revealed that it is going to sue the Ministry of Oil and demand it to pay two billion and 300 million dinars, stressing that the accumulated debts of the ministries of oil and electricity, amounting to about 30 billion dinars, have had a negative impact on the pace of production in the company, and threatened to open files of official institutions dealing with the private sector.[/size]
[size=45]Haider Sahar Al-Husseinawi, Director General of the Ur Company, affiliated with the Ministry of Industry, said in an interview with (Al-Mada), that "the company's management was forced to sue the Ministry of Oil (the General Company for Oil Projects) before the Nasiriyah Investigation Court after its reluctance to pay the financial dues, not to mention the late fines."[/size]
[size=45]Al-Husseinawi added, "The total debts of the company owed by the Ministry of Oil amount to two billion and 350 million dinars under a contract concluded in 2020."[/size]
[size=45]He pointed out that "the contract included the supply of cables and electrical wires for the Sabbah and Lahais field in Nasiriyah, at a value of two billion and 500 million dinars."[/size]
[size=45]Al-Husseinawi pointed out that "the oil company provided only an initial payment of the contract value and did not pay 90% of the total value."[/size]
[size=45]He stressed, "The management of the Ur company was forced to sue the Ministry of Oil after it was unable to recover its debts for two years."[/size]
[size=45]Al-Husseinawi continued, "The Ministry of Oil is one of the rich ministries with great potential, and it is illogical not to pay the dues of a government company whose production depends on self-financing."[/size]
[size=45]He believed that "this serves to discourage the national industry and is in the interest of importing from abroad."[/size]
[size=45]It is worth mentioning that Ur State Company for Engineering Industries was established in the early seventies of the last century and started work in 1973. 3 thousand members currently from various technical and engineering specializations.[/size]
[size=45]Al-Husseinawi said, "The Ur company is considered one of the companies supporting the ministries of electricity and oil and a number of other ministries, and covers its needs from the company's various products, including cables and wires," and added, "But unfortunately, most ministries do not pay the debts they owe to the company."[/size]
[size=45]He pointed out that "Ur Company operates according to the self-financing system and has more than 3200 employees, with 2600 employees working on the permanent owners and 600 employees working according to the wage and contracts system," stressing that "the total accumulated debts on the ministries of oil and electricity amount to about 30 billion dinars." .[/size]
[size=45]Al-Husseinawi stated, "The debts are distributed at 27 billion dinars to the Ministry of Electricity and two billion and 350 million dinars to the Ministry of Oil."[/size]
[size=45]He explained, "The Ministry of Electricity, despite its large indebtedness, pays part of the debt periodically, and with every meal, it prepares the required materials."[/size]
[size=45]Al-Husseinawi finds, “The lack of cooperation of the ministries in paying their debts is causing the disruption of the national industry, especially the Ur company, which is the only company in the country specialized in the production of cables and wires.”[/size]
[size=45]He added, "When the ministries need the products of the Ur company, they are provided immediately, but the ministries do not pay the company's dues according to the contracts concluded between the two parties."[/size]
[size=45]Al-Husseinawi disapproved of the ministerial measures, saying that “the federal ministries pay the private sector’s dues in cash and are reluctant to pay the dues of our company as it is a government company,” expressing regret that “the government support for industry is weak if not negative, especially in the area of disbursing financial dues.”[/size]
[size=45]Al-Husseinawi believes that “this is a negative and dangerous indicator that is not in the interest of the national industry.”[/size]
[size=45]He stressed, "The failure to pay debts to the company would impede financing the purchase of raw materials entering the production process, and thus negatively affect the pace of work and production."[/size]
[size=45]At the same time, Al-Husseinawi praised the Ministries of Communications and Defense in the field of paying the dues of the supply contracts concluded with them, stressing that "the problem of non-payment of debts is represented by the two richest Iraqi ministries, which are oil and electricity."[/size]
[size=45]He waved “to sue the reluctant ministries to pay debts and open their files to the Integrity Commission, especially files related to deals concluded with the private sector,” calling for “auditing contracts between ministries departments and private sector companies that enjoy support at the expense of the public sector.”[/size]
[size=45]Al-Husseinawi stressed, "The ministries departments pay in cash to private sector companies, while they are late and procrastinate in paying public sector companies, including Ur Company."[/size]
[size=45]And he spoke, of “circumvention in some departments of the ministries on the instructions of the Council of Ministers to support the national product by dealing with public sector companies,” hinting at “the existence of suspicions of corruption by insisting on dealing with private sector companies, some of which are owned by government officials.”[/size]
[size=45]Al-Husseinawi attributed the reasons for the lack of cooperation of some government departments with public sector companies to the fact that “public sector companies do not pay commissions to those responsible for concluding supply contracts, while private sector companies are able to do so.”[/size]
[size=45]He pointed out, "The production is currently going well and is in line with the mechanism of processing contracts concluded with the relevant ministries and the private sector."[/size]
[size=45]Al-Husseinawi stated, "The company's total monthly sales of cables, wires, sections and aluminum sheets range between two billion and two billion and 500 million dinars."[/size]
[size=45]In (mid-June 2022), the management of Ur State Company revealed a record increase in its production and sales this year, confirming the supply of electrical circuits with 1,000 km of cables and wires during the month of May, and the marketing of about 500 tons of aluminum profiles and sheets to the local markets, Turkey and Syria during the past few months.[/size]
[size=45][You must be registered and logged in to see this link.]
Today at 7:08 am by Rocky
» Ports Authority notes the fate of the five berths in the Grand Faw Port
Today at 7:03 am by Rocky
» MP: Why is the regional government fighting the civil banks war and leaving the core of the issue?
Today at 6:57 am by Rocky
» Political researcher: The amendment will include sovereign ministries
Today at 6:54 am by Rocky
» Retirement: End of service bonus paid to more than 7,000 retirees
Today at 6:50 am by Rocky
» Al-Mashhadani stresses the importance of the role of the Audit Bureau in combating administrative an
Today at 6:48 am by Rocky
» Al-Mashhadani and Al-Hakim discuss parliament’s approval of important laws
Today at 6:47 am by Rocky
» Parliamentary consensus to pass controversial laws soon
Today at 6:45 am by Rocky
» Currency Auction.. Increase in the Central Bank of Iraq’s sales of foreign remittances
Today at 6:43 am by Rocky
» Interior Ministry dismantles 600 drug networks, electronic passport to be introduced soon - Press co
Today at 6:41 am by Rocky
» utube 11/2/24 MM&C Report-Iraq 3 Presidents-National-Constitutional Entitlements-Open Market Operati
Today at 5:22 am by Rocky
» utube 11/5/24 MM&C MM&C News Report-ICC-Investors-RIYADA BANK-Port of Faw-3 Presidents Seated-Removi
Today at 5:20 am by Rocky
» Foreign Minister warns of major and dangerous economic repercussions
Today at 5:12 am by Rocky
» Roadmap for Reform
Today at 5:10 am by Rocky
» Government reshuffle looms over Al-Sudani’s cabinet.. The compass of change is heading towards 4 min
Today at 5:08 am by Rocky
» Parliamentary move to legalize foreign labor in Basra
Today at 5:07 am by Rocky
» Parliament intends to amend the retirement law and return the service age to 63 years
Today at 5:06 am by Rocky
» Parliamentary move to question a senior official and complete procedures against the Minister of Com
Today at 5:04 am by Rocky
» Legal expert explains the mechanism for forming the Kurdistan Regional Government
Today at 5:03 am by Rocky
» Silk Road imposes a state of maximum alert suddenly
Today at 5:01 am by Rocky
» Sheikh Raouf: There is an urgent need to find a constructive, corrective opposition in Kurdistan
Today at 5:00 am by Rocky
» Green light from Baghdad to build the first waste recycling plant in eastern Iraq
Today at 4:59 am by Rocky
» MP: Al-Mashhadani discussed 3 important files with parliamentary blocs
Today at 4:58 am by Rocky
» MP: Al-Mashhadani's election will not affect the completion of legislation
Today at 4:56 am by Rocky
» Parliamentary Oil: Investment in associated gas in fields exceeds 60%
Today at 4:54 am by Rocky
» IMF: Foreign investment outperforms sovereign funds in generating growth in Gulf
Today at 4:52 am by Rocky
» Categories exempted from the curfew in the population census.. Get to know them
Today at 4:51 am by Rocky
» Kurdish investment trend in central and southern Iraq.. What are the reasons?
Today at 4:50 am by Rocky
» Iraq exports more than 6 million barrels of oil to America in a month
Today at 4:49 am by Rocky
» The Private Banks Association supports the Prime Minister’s directives to localize private sector em
Today at 4:47 am by Rocky
» Parliamentary confirmation to support financial oversight in combating corruption
Today at 4:46 am by Rocky
» Next Sunday.. Celebrating Baghdad Day
Today at 4:44 am by Rocky
» Sayyid Sistani's commandments
Today at 4:43 am by Rocky
» New services for health insurance subscribers
Today at 4:42 am by Rocky
» Al-Sudani directs ministries to leave (cash)
Today at 4:41 am by Rocky
» Mr. Sistani sets a roadmap for Iraq’s prosperity
Today at 4:40 am by Rocky
» OPEC+ postpones production increase
Today at 4:37 am by Rocky
» Government Advisor to {Sabah}: Turkish companies’ expertise has given them importance in implementin
Today at 4:36 am by Rocky
» The future of smart cities in Iraq is on the table for discussion
Today at 4:35 am by Rocky
» Expectations of achieving agricultural self-sufficiency within 3-5 years
Today at 4:34 am by Rocky
» Ministry of Agriculture: Launches the Electronic Inquiry System Service
Today at 4:32 am by Rocky
» Electricity contract employees demonstrate in Maysan to demand permanent employment
Today at 4:31 am by Rocky
» The Council of Ministers holds its regular session headed by Al-Sudani
Today at 4:29 am by Rocky
» Iraqi oil exports to America amounted to more than 6 million barrels during the past month
Today at 4:28 am by Rocky
» Launching the major national campaign to raise awareness of the Social Security Law
Today at 4:27 am by Rocky
» Private Banks Association: We support the Prime Minister’s directives to localize private sector emp
Today at 4:26 am by Rocky
» Parliamentary Committee: The Social Security Fund has become sovereign and the legislation of the la
Today at 4:25 am by Rocky
» Britain launches programme inside Iraq to combat 'Kurdish human trafficking gangs' in France
Today at 4:23 am by Rocky
» Warnings of delay in forming the regional government: will push regional and international parties t
Today at 4:21 am by Rocky
» Dollar prices rise again in Baghdad Stock Exchange and Exchanges
Today at 4:20 am by Rocky
» Al-Sudani praises the assistance provided by the United Nations mission to Iraq in facing challenges
Today at 4:18 am by Rocky
» The Private Banks Association announces its support for Al-Sudani’s approach to localizing private s
Today at 4:17 am by Rocky
» Interior: We have achieved a very significant decrease in crime rates across the country
Today at 4:16 am by Rocky
» The Private Banks Association announces its support for Al-Sudani’s approach to localizing private s
Today at 4:14 am by Rocky
» Iraq, Saudi Arabia sign MoU for military cooperation, boost bilateral ties
Today at 4:12 am by Rocky
» Transportation: Direct flights to 4 global cities
Today at 4:11 am by Rocky
» Prime Minister stresses importance of Mr. Sistani's diagnosis of Iraq's needs
Today at 4:09 am by Rocky
» “To enhance national security”.. Parliamentary Committee: Intelligence Service Law is ready to be pr
Today at 4:08 am by Rocky
» Optimism for a bountiful agricultural season.. Kurdistan Region records record high rainfall amounts
Today at 4:06 am by Rocky
» Al-Sistani’s “Seven Commandments” occupy Iraqi politics.. A reading of the position of the authority
Today at 4:05 am by Rocky
» As the date approaches, will Article 140 hinder the population census?
Today at 4:04 am by Rocky
» Prime Minister directs unification of efforts in the Iraqi Media Network
Today at 4:03 am by Rocky
» “Framework” coups with Sunni facades on the map of local governments in preparation for the 2025 ele
Today at 4:02 am by Rocky
» Parliament intends to extend the legislative session for a month
Today at 4:01 am by Rocky
» Difficult tests facing Parliament.. What are the scenarios for the remainder of the current session?
Today at 4:00 am by Rocky
» Parliamentary Security: Iran will launch a new strike against “Israel” within a short period.. What
Today at 3:59 am by Rocky
» Barzani to Romanowski: We have started negotiations to form the tenth government and no veto on any
Today at 3:58 am by Rocky
» Al-Sudani directs the localization of private sector salaries and sets a date for the departure of c
Today at 3:57 am by Rocky
» Bakhtiar Haji meets a delegation from the General Directorate of Civil Defense in the Kurdistan Regi
Today at 3:56 am by Rocky
» New Cities Authority sets timeframes for project completion, reveals details of its services
Today at 3:54 am by Rocky
» Oil announces completion of drilling and rehabilitating 15 wells during the past month
Today at 3:53 am by Rocky
» Ministerial Council for Economy: Taking the necessary measures and decisions that contribute to mark
Today at 3:52 am by Rocky
» Parliamentary Legal: There is a trend to extend the legislative term of Parliament
Today at 3:50 am by Rocky
» What is the truth about extending the legislative term of the House of Representatives?
Today at 3:48 am by Rocky
» The "Freedom of Demonstration" Law is Ready for Voting.. How Was It Amended?
Today at 3:46 am by Rocky
» Mr. Al-Sadr on the US elections: It is shameful for an Arab to pin his hopes on a senile or insane p
Today at 3:42 am by Rocky
» Laws stuck hostage to disputes between blocs
Today at 3:41 am by Rocky
» Doubts after the decline in power supply at the beginning of each month.. Is there a deal between ge
Today at 3:37 am by Rocky
» Integrity and the Financial Supervision Bureau agree to activate the cooperation agreement between t
Yesterday at 5:06 am by Rocky
» Al-Mashhadani faces 170 suspended laws.. Will they be approved or deported?
Yesterday at 5:04 am by Rocky
» Parliamentary demands to cancel the security agreement with Washington
Yesterday at 5:02 am by Rocky
» MP: Oil derivatives smuggling has decreased by 80% in Iraq
Yesterday at 5:00 am by Rocky
» After years of controversy, the Minority Protection Act is submitted for the first reading
Yesterday at 4:59 am by Rocky
» Al-Sayhoud: The ministerial reshuffle is useless for several reasons
Yesterday at 4:58 am by Rocky
» Iraqi government makes changes to the General Secretariat: Al-Juhaishi succeeds Al-Halbousi
Yesterday at 4:56 am by Rocky
» Extension of the legislative term of the Iraqi parliament for an additional month to pass laws
Yesterday at 4:55 am by Rocky
» Prime Minister: The necessity of strengthening Iraq's position to be at the forefront of the region'
Yesterday at 4:52 am by Rocky
» Parliamentary Transportation: We are determined to pass the Civil Aviation Authority Law
Yesterday at 4:50 am by Rocky
» Baghdad Council: Study of the reality of companies applying to implement projects
Yesterday at 4:49 am by Rocky
» Water Resources announces its control over the oil slick in the Tigris River
Yesterday at 4:48 am by Rocky
» Reconstruction: A new government vision for distributing serviced lands among those entitled to them
Yesterday at 4:47 am by Rocky
» Parliamentary Immigration Committee demands increasing the amount of the return grant
Yesterday at 4:44 am by Rocky
» Accreditation of specialized graduates to support quality control
Yesterday at 4:42 am by Rocky
» Heritage markets and buildings in Mosul after its reconstruction
Yesterday at 4:41 am by Rocky
» Specialized committee to ensure acceptance of cybersecurity outputs
Yesterday at 4:40 am by Rocky
» The Ministry of Interior issues mechanisms to regulate the work of private security companies
Yesterday at 4:39 am by Rocky
» Baghdad Council: Study of the reality of companies applying to implement projects
Yesterday at 4:38 am by Rocky
» Welcome to the trends of establishing an administrative capital
Yesterday at 4:36 am by Rocky
» Securities trade more than 88 billion shares
Yesterday at 4:34 am by Rocky