The final accounts for the second year of the reign of al-Maliki reveal dispel 75 trillion dinars

Tuesday, February 16, 2016

Eight years after the Iraqi parliament succeeded to reveal the details of the final accounts for 2007 for the second year in which Nuri al-Maliki served as prime minister since confirmed the loss of 75 trillion dinars does not know her fate.

The report also monitor the violation of the Ministry of Finance to grant cash advances totaling 5.522 trillion dinars without the presence of allocating them based on special Council of Ministers decisions.

The report shows that foreign debt amounted to (50.201) billion dollars, while domestic borrowing reached under the treasury transfers (3.746) trillion dinars.

A report of the final accounts for 2007, the number of violations and financial irregularities recorded a lot of ministries, government departments, resulting in the loss of money and large sums of money. The report also monitor cash advances multibillion-dollar exchange rate.

Attention report, which was read by the House of Representatives at the meeting yesterday ,, that 'observed for the first time the separation of current and investment Almoisntin after it was built for previous years as well as to provide some government departments and financial statements for 2007 to the Ministry of Finance, making the final accounts are incomplete.'

According to the report, the government departments that failed to submit their data, are: Ministry of Defence / Military shops Directorate. The Ministry of Foreign Affairs / Research Service.

Intelligence agency. The Ministry of Finance / Development Fund and bulletin announcements. The Ministry of Higher Education and Scientific Research / Diyala University, and the University of Yarmouk.

The report notes that 'the application of the new government accounting system on the state accounts as of 01.01.2007 made it difficult to make comparisons with the corresponding previous year.'

The report indicates the 'continuation of the Ministry of Finance to grant advances without an allocation based on a special Council of Ministers decisions totaling (5.522) trillion dinars.'

The report also pointed out that 'foreign debt amounted to (50.201) billion dollars, while domestic borrowing totaled, the amounts under the special treasury vouchers, (3.746) trillion dinars.'

The report pointed out that 'the size of the total budget revenues amounted to (42.064) trillion dinars, while actual revenues amounted to $ (54.965) trillion dinars.'

He said 'expenses, certified with the revised, was (53.672) trillion while actual spending amounted to the total budget of the year 2007 the amount of (39.308) trillion dinars.'

The report notes the existence of a surplus in the 2007 budget amounted to (15.700) trillion dinars, while the accumulated surplus for the years 2003 to 2007 (about 52.060) trillion dinars.

And did the House of Representatives, in its meeting yesterday, read the report and discuss the final accounts of the Republic of Iraq for 2007, submitted by the Finance Committee, which considered that the investigation into some financial issues, including the final accounts, from the jurisdiction of the Integrity Commission.

The Commission emphasized, during the presentation of the report of the final accounts, that 'the BSA statement shows wrongfulness of conduct and how healthy behaviors, especially that have a significant impact on financial transactions'. The Commission pointed out that 'circles which said in a report of the final accounts for the year 2007 were obligated to submit their final accounts in' 2008. 

And the deputy Slevana Sarhan, a member of the Parliamentary Finance Committee, (range), that 'nearly 75 trillion dinars missing report also indicates the final accounts and is being searched for by the Audit Bureau and the Finance Committee in the House of Representatives. "

He pointed Slevana that 'the budget surplus for 2007 regulators did not explain how it was spent by the previous government as well as having cash advances did not know the actors received, and therefore these amounts are no longer to the Treasury in spite of eight years after the grant. "

On the other hand, mheibes Razak MP, a member of the Parliamentary Commission on oil and energy, to say 'supposed to provide the final accounts with the federal budget not be sent after eight years'.

He mheibes, (range), that 'send the final accounts to parliament for a fee next year's budget', but he also said 'but what is happening now is contrary to the law and the Constitution.'