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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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    Can the government oblige the region to hand over previous oil export funds?

    Rocky
    Rocky
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    Can the government oblige the region to hand over previous oil export funds? Empty Can the government oblige the region to hand over previous oil export funds?

    Post by Rocky Mon 11 Sep 2023, 9:35 am

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    [size=52]Can the government oblige the region to hand over previous oil export funds?[/size]
    • Today 15:25




    Information/Private..
    Today, Monday, a member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Touki, expressed the possibility of the central government obliging the Kurdistan region to recover oil export funds during previous years, while he confirmed that the budget included a legal article obligating Kurdistan to recover all illegal oil export funds. .
    Al-Touki said, in an interview with the Maalouma Agency, that “implementing all articles and paragraphs of the budget will spare the government from legal violations or parliamentary accountability,” noting that “the government will deduct 50% of the revenues of the border crossings in Kurdistan.”
    He continued, "The government clause will oblige the Financial Supervision Bureau and the government to form a committee to account for all the money generated from the export of oil, independently of the government, from 2003 until now." He added, "The budget included a legal article obligating Kurdistan to recover all oil export funds."
    Al-Touki stated: “There is a possibility, from a legal standpoint, that the central government can oblige the Kurdistan region to recover export funds during previous years.”
    The regional government controls a group of oil fields in Kurdistan, without any government action to force it to leave these fields, despite the loud voices of some politicians on this matter, as the region continues to export oil to various parts of the world, including “Israel,” according to observers.
    Member of the House of Representatives, Zahra Al-Bajari, had revealed in an interview with the “Information” Agency, “The Kurdistan region continues to smuggle oil abroad in several alternative ways to what it was in previous years.” End 25/J

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