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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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    The people's property is invested without their knowledge.. What is the fate of the "presidential pa

    Rocky
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    The people's property is invested without their knowledge.. What is the fate of the "presidential pa Empty The people's property is invested without their knowledge.. What is the fate of the "presidential pa

    Post by Rocky Tue 23 Jul 2024, 3:55 am

    [size=35][size=35]The people's property is invested without their knowledge.. What is the fate of the "presidential palaces" and to whom were they transferred?[/size]
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    2024-07-23 | 04:30
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    Alsumaria News - Special
    The presidential palaces represent cultural and heritage landmarks for periods of time and for prominent rulers, whether through their positive or negative rule, and are considered a basic witness to these eras. However, they have become a tool for investment and a source of making money by investing it in unsuitable figures who face an unknown fate.


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    Earlier, the General Authority for Antiquities and Heritage in Iraq submitted requests to the Prime Minister to convert the presidential palaces into museums, in order to increase the number of museums in the country.
     
    Saeb Al-Hajjami, a member of the Investment Committee, told Sumarya News that “granting the palaces of the former regime for investment could be a controversial issue and depends on the laws and regulations of the state in Iraq,” indicating that “these palaces are considered part of the national heritage, and there may be laws governing how these properties are used or invested.”


     
    “From a legal perspective, it is necessary to consider whether there are laws or regulations that prohibit or allow the investment of these palaces, and there may be a need to obtain special approvals or follow certain legal procedures to ensure that the investment does not conflict with the rights of the people or the national heritage,” he added, explaining that “to verify the legal status accurately, it is preferable to refer to the relevant legal texts or consult a legal expert specializing in Iraqi law.”
     
    Experts believe that "converting these palaces into tourist sites will contribute significantly to increasing the number of tourists to Iraq, especially if they are invested in by companies that are professional in promoting such projects, considering that many people in all countries of the world are looking forward to knowing the secrets of the figures who ruled countries, including Iraq."
     
    For his part, Hussein Al-Saabri, a member of the Investment Committee, pointed out during his interview with Sumaria News, that “in all countries of the world that go through royal or republican eras and histories, they keep these palaces so that they remain a witness to that history, whether it was positive or negative for the king or president, whether good or dictatorial,” stressing that “it is not possible to offer these properties for investment.”
     
    Legal expert Ibrahim Al-Sultani explained in a special interview with Sumaria News that “investment in Iraq is according to Law 13 of 2006, amended in 2010-2015, and Article 10 of this law allows foreign investors to own real estate allocated for the investment project,” noting that “if presidential palaces are offered for investment within the terms of this paragraph, there will be a great risk because they represent the sale of state assets to foreigners.”
     
    He added, "Investment in presidential palaces must be of a special nature, especially since they are completed projects with high specifications, and their investment should be limited to Iraqi companies or invested by the public sector in order to employ workers instead of being monopolized by the private sector."
     
    For his part, legal expert Ali Al-Tamimi told Sumaria News that “the presidential palaces are basically registered in the name of the Ministry of Finance and are considered public funds according to Article 27 of the Iraqi Constitution,” adding that “they will be disposed of if they are presented for investment according to procedures specified by the Iraqi Investment Law and the Instructions for Implementing Government Contracts No. (2) of 2014, which stipulate that there should be an announcement of the investment in three newspapers and on the official websites of the entity announcing the investment, in addition to the investment being to companies and not individuals.”
     
    Al-Tamimi added, "There are two committees, the first to open investment bids and the second to analyze these bids, audit the companies and documents, and after agreeing with the award of one of the companies, specifying the type of investment that will be obtained on this land."
     
    Al-Tamimi noted that “there are 100 presidential palaces, a number of which have been officially invested, and some of which need to be reviewed because they are rented to inappropriate parties and figures, but the matter of investing in them is normal despite their ownership by the Iraqi people, but they are registered in the Ministry of Finance and can be used for something that serves the community, such as being places of study or places for entertainment or heritage,” adding that “the time period for investment must be determined from 4-5 years according to the project, and it can be converted into cultural or entertainment sites, like what happened in some palaces in Al-A’dhamiyah and Al-Karkh.”
     
    Al-Tamimi likened the presidential palaces to “oil because it belongs to the Iraqi people, but it is invested so that the money coming from it belongs to the citizens and can be invested as well,” concluding that “these investments are subject to oversight bodies such as the Prime Minister’s Office, provincial councils, integrity, and the judiciary in the event of any error, and the referral period must not exceed 30 days.”
     
    The presidential palaces in Iraq are famous for their massive, elaborate construction, high domes, marble corridors and various gates, in addition to the lakes and artificial water channels, supplied with water from the Tigris River, spread among the vast green spaces in some of the palaces.
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