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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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    US court orders Iraqi ports to pay $120 million to Cypriot company

    Rocky
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    US court orders Iraqi ports to pay $120 million to Cypriot company Empty US court orders Iraqi ports to pay $120 million to Cypriot company

    Post by Rocky Tue 10 Sep 2024, 5:06 am

    US court orders Iraqi ports to pay $120 million to Cypriot company

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    Baghdad Today - Follow-up
    A US court has ruled that the Iraqi government and the Iraqi Ports Company must pay $120 million to the Cypriot company Archirodon for constructing a breakwater at the port of Al-Faw in Basra.
    This came after the Cypriot company Archirodon was awarded a $265 million contract to build a breakwater at the Grand Faw Port by the General Company for Ports of Iraq in 2012.
    The company was unable to recruit enough workers as a result of the ISIS terrorist group launching a major attack on Iraq.
    "The foreign countries from which Archirodon recruits its workforce discouraged and even prevented their citizens from traveling to Iraq," said U.S. Judge James Boasberg.
    The judge who ruled in favor of Archirodon explained that “the construction of the breakwater faced unexpected obstacles, including the company not hiring enough workers due to security tensions there, as some foreign countries from which Archirodon recruited prevented their workers from traveling to Iraq, and the Iraqi government feared that the people of Basra would oppose the use of the company’s trucks and heavy vehicles on the Basra-Faw road, which could lead to protests, and that the soil conditions mentioned by the General Company for Iraqi Ports in the tender were incorrect, which led to the construction not being completed on time.”
    The Parliamentary Order 160 Committee, which is responsible for investigating violations at Iraqi ports, announced that it needs more time after its investigations reached suspicions of corruption that it described as “major” and monitored attempts to conceal some documents in order to obstruct its work.  
    The committee monitored legal and administrative violations in Iraqi seaports.
    Source: Russia Today
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