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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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    Parliamentary integrity warns of an American company's monopoly on electricity contracts

    Rocky
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    • Post n°1

    Parliamentary integrity warns of an American company's monopoly on electricity contracts Empty Parliamentary integrity warns of an American company's monopoly on electricity contracts

    Post by Rocky Sun 09 Apr 2023, 5:42 am

    [size=52]Parliamentary integrity warns of an American company's monopoly on electricity contracts[/size]
    • Today 12:59

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    Information/Baghdad..
    The Vice-Chairman of the Integrity Committee, Alia Nassif, warned, on Sunday, of a great waste of public money by monopolizing maintenance and rehabilitation projects in the electricity sector for an American company, indicating that opening the doors of competition will reduce the cost of electricity production by 40%.
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    Nassif said in a statement that she received / the information / that "the monopolistic companies deliberately flood the stores of the Ministry of Electricity with huge quantities of spare materials, despite the presence of stacked materials that can be repaired in amounts less than about 70 percent of the value of new materials, and many materials are exposed to rust and turn into scrap.”
     He added that "the budget focused on maintaining GE stations at a cost of 930 billion dinars, or about 700 million dollars, although the amount can be reduced to 200 million dollars, in addition to the issue of contracting in dinars and opening credit in dollars." , as there was never any credit or credit opening.” A financial allocation to GE Company in dinars, which raises a lot of suspicion.” 
    Nassif stressed, "The necessity of reviewing the maintenance and rehabilitation projects in the budget, breaking monopoly, opening the door to competition between companies, and not monopolistic companies to force the Ministry of Electricity to buy its spare materials in order to prevent waste from public money.” End25
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