[ltr]Numbers .. international auditor reveals waste millions in contracts provinces[/ltr]
[ltr][You must be registered and logged in to see this image.]Baghdad -arac Press -25 April: revealed theinternational auditor 's report on Monday about the presence of "significant irregularities" in thecontracts for the majority of Iraq 's provinces ,including Kurdistan with lagging behind firms led tothe waste of millions of dollars, while pointing out that most of the projects referred to this companies completion rate which did not exceed 10%, with thefailure to take any legal action against those companies or entities that referred them to work despite the lack of efficiency. he said theinternational auditor firm (Ernst & Young), in his report that "Basra province entered various contractual obligations of $ 9.798727 billion dinars without the approval of the Ministry of planning and without a financial allocation in the federal budget , contrary to instructions , "noting that" the province has withdrawn thework of the five companies reached their contracts 307822232217 dinars value without taking any legal action against those companies or entities that referred them to work despite the lack of efficiency. "He added Ernst & Young auditor company, that " the province has contracted with General Rashid processing company specialized mechanisms and vehicles propelled grenade at $ 6550000000 dinars , although they company is not specialized and prompted the province to pay operating anadvance of 100% of the contract value and the percentage of achievement 0% up to withdraw the work , " referring to , that "the province has been unable to recover the amount of the advance, which represents the full amount of the contract until thedate of audit completion and did not maintain take any action against the company." and the province of Najaf, said the auditor, that " the province referred five decades at the same time to one company is a river Permanent and $ 5194392405 dinars , and the ratio of the actual achievement in these projects , ranging from 2% to 62% until 31 December 2014 and did not maintain take any action against the company above. "He continued checker, that" the province also contracted in 2011, two contracts with one company which Engineering edifices on the same day and $ 7806000000 dinars, note that the two decades of the previous and ongoing contracts and the completion rate was 53% and 59% two decades , despite the extra periods granted and that was 510 days for one of them and in 1004 on the other ", pointing out that" the amount spent on the two decades up to the same History 4257000000 dinars, however, has the province signed a third contract with the same company lagging, at $ 1400500000 dinars. "he revealed the international auditor, that" in other contracts entered into by theprovince granted an additional extended contracting companies ranged between 131% and 281%, of the four contracts worth $ 21,041,558,000 dinars , 10769270216 dinars either exaggerated advances accumulated unfiltered reached despite more thana year after each other. "and on the province of Babylon, he drew Ernst & Young auditor, that" there are three decades lagging behind since 2007 and 2008 amounted to 5.596 billion dinars ranged achievement between ratios 0% to 40% up to October 2015 and did not provide the province auditing firm Boulyat those contracts , "stressing that" there are three decades lagging behind in 2011 and 2012 and three decades parked although started to work in 2012, and there are five decades of $ 6.495956 billion dinars parked although rates high achievement in their projects. "He stressed the international auditor, that" theprovince of Babylon , has signed five contracts for the establishment of schools in different parts of the province inevitably tothe General Mansour Company executed achievement has lagged and did not maintain take any action against the company inaddition to maintaining that auditing firm did not provide Boulyat follow - up projects. "with respect to the province ofDiwaniyah, pointed out the international auditor, to be the " iron bridge was held in Diwaniya assigned to the banks of theEuphrates company at $ 339975000 dinars was first contract assignment in the month of November 2011 before obtaining the approval of the municipality of Diwaniyah Directorate, and the lack of municipal approval to create a bridge incompatible withthe design of the city , "noting that" the auditing firm had been unable to find out the amount spent on the contract due to lackof the conservative information showing what was spent on each contract according to claim conservative in her book directed to the auditing firm. "He said the international observer, " the lack of creating allocated for the establishment of projects sites is one of the observations of the international auditor, in addition to a noticeable amount of advances suspended until December 31, 2014 which amounted to 18,315,504,156 dinars, and the other note about the low percentage of completion in four projectsof $ 2.540495 billion dinars ranged ratio of 35% and 65% up to December 2014 ". in Wasit province, Ernst & Young auditor revealed that" operational advances granted for four decades contracting companies, which did not recover after thewithdrawal of work , including where the balance was in the December 31, 2013 amounted to $ 59,893,421,371 dinars , " He pointed out that " the province has been unable to recover the amounts due to private banks refused to reserve funds or rejection of the letters of guarantee , claiming it was rigged, as the conservative regardless instruments without balance of $ 2447862852 dinars." He continued checker, that "there are five other projects pending for 54797087050 dinars because of thewithdrawal of labor in which the contracting companies , but that the contracts liquidation took a long time and was attributed feat in those contracts until the date of the withdrawal of work ranging between 0% and 71%, and tarry implementation of six projects worth $ 58,143,850,269 dinars , despite began working in one of them in 2011. "He Ernst & Young auditor that " thelack of readiness of the work sites of the projects one notes the international auditor, and the other stopped projects because of the lack of liquidity on the part of the province to four different contracts of $ 95619313000 dinars, in addition to that theprovince referred the projects at $ 7501944000 dinars in contrast to the instructions of the Ministry of Finance, where hecontracted before adoption of the budget. "and on the Kurdistan region, said the international observer, that" the observations made in 2014, including a lack of preparation and the Ministry of Finance and economy in Kurdistan , a detailed report of all federal revenues to scrutinize by the BSA in the region and transferred to the Federal Ministry of Finance , "he said , adding "not a detailed report receivables suspended and details between the province and the center for the period from 2004 to 2014as opposed to the laws of the budget." The Ernst & Young auditor, that "there 's predecessor suspended since 2011 with theFederal Ministry of Finance in the amount of (1184593000000) dinars belonging dues oil companies operating in the region,and with a contract with the Zagros company for the processing of secondary power plants was signed in 2012 for $ 72 million is not implemented until December 2015 ". He revealed the international observer, that" holding the design, construction and operation of Akre water plant site by the Ministry of municipalities and Tourism the province in October 2012 implementation period of 630 days was the completion rate in which 25% represent civil works, until November 2015 despite the fact that thestation processing is the most important part of the contract at a time when the extension period 66% of the duration of theoriginal contract hit. "As for the Ministry of Education in the region, he stressed the international observer, that " the ministryhas concluded a number of contracts for the printing of books without taking prior approval and without updating the study costs are speculative , " stressing "the existence of checks paid to contractors in exchange for a commitment from thecontractor had not withdrawn for lack of cash, and there is the reluctance of the nine projects in the province of Sulaymaniyah because of the incompetence of the executing companies and the percentage of implementation of 3% , including zero. "End quote (1)
[You must be registered and logged in to see this link.]
[/ltr]
Today at 7:52 am by Rocky
» utube 3/28/24 MM&C Iraqi Dinar - IQD Update - SWIFT - Purchasing Power - Urban Renaissance - Releas
Today at 7:51 am by Rocky
» Al-Mandalawi: Iraq is witnessing competition between major companies...and the House of Representati
Today at 7:49 am by Rocky
» The President of the Republic stresses the importance of the role of programmers in developing the w
Today at 7:46 am by Rocky
» The Minister of Industry and Minerals follows up on the technical and production performance of the
Today at 7:45 am by Rocky
» The Minister of Finance is following up on the field the progress of the newly implemented ASYCUDA s
Today at 7:44 am by Rocky
» Statistics: There are more than 15 million bank accounts in Iraq
Today at 7:42 am by Rocky
» Representative: One paragraph hinders the passage of a general amnesty within the House of Represent
Today at 7:37 am by Rocky
» Parliamentary Finance: “The draft federal budget law will be devoid of new job grades.”
Today at 7:36 am by Rocky
» Parliamentary action to resolve the fate of “food security contracts” in 15 governorates
Today at 7:35 am by Rocky
» 300 factories turned into "iron scrap" in Diyala
Today at 7:34 am by Rocky
» A deputy expects the dollar exchange rate to reach 140 Iraqi dinars
Today at 7:32 am by Rocky
» Al-Yasiri: The American administration is working hard to destroy the Iraqi economy
Today at 7:31 am by Rocky
» Infographic: The highest annual salaries of leaders of Arab countries
Today at 7:30 am by Rocky
» Communications announces that the electronic signature project has reached advanced stages
Today at 7:29 am by Rocky
» Parliamentary Integrity presents a file related to Kuwaiti violations of Iraqi oil
Today at 7:27 am by Rocky
» Parliamentary move to include amendments to Parliament’s internal regulations on the agenda (documen
Today at 7:25 am by Rocky
» The Iraqi President urges the Minister of Finance to expedite the payment of salaries to the Kurdist
Today at 7:23 am by Rocky
» Central Bank of Iraq sales exceeded $251 million at today’s auction
Today at 7:21 am by Rocky
» The Foreign Minister questions the "Iraqi resistance" attacks against Israel: the other side did not
Today at 7:20 am by Rocky
» The Minister of Labor announces progress in the electronic payment system
Today at 7:17 am by Rocky
» Interior Ministry: For the first time, we controlled the smuggling of petroleum derivatives by 98 pe
Today at 7:16 am by Rocky
» International companies offer offers to invest in the Dhi Qar marshes.. What distinguishes them?
Today at 7:15 am by Rocky
» “Tough” comments on interest rates raise the dollar globally
Today at 7:14 am by Rocky
» Iraq is the fifth largest oil supplier to South Korea in a month
Today at 7:12 am by Rocky
» Recovering more than 100 billion as a result of more than 200,000 employees on social welfare
Today at 7:11 am by Rocky
» The Sudanese consultant announces the completion of Baghdad Metro track designs
Today at 7:08 am by Rocky
» Al-Sudani stresses ending the problem of triple-shift schools
Today at 7:07 am by Rocky
» Iraq begins building two new tankers to transport petroleum products
Today at 7:06 am by Rocky
» Forming a council for “competition and preventing monopoly”
Today at 7:04 am by Rocky
» Features of an Iraqi-Turkish agreement regarding the status of the Kurdistan Workers’ Party
Today at 7:02 am by Rocky
» {Al-Buzrajiya} between the hammer of fraud and the power of the owners
Today at 7:01 am by Rocky
» Ministry of Oil: The gas sector is witnessing great development
Today at 6:59 am by Rocky
» An agreement with Britain in the field of securities
Today at 6:58 am by Rocky
» Discussions between Baghdad and Ankara to open a new port
Today at 6:57 am by Rocky
» Trade: About 11 million citizens updated their new card information
Today at 6:56 am by Rocky
» Electronic payment is sustainable growth
Today at 6:55 am by Rocky
» Experts: Iraq qualifies to be an important tourist country
Today at 6:54 am by Rocky
» Amending the Health Professions Law “robs” scientists of the central appointment 3 years after it wa
Today at 5:20 am by Rocky
» Is the “blessings package” that Erbil paid to the citizens of Kurdistan related to the elections?
Today at 5:19 am by Rocky
» Exceeded 5,000 projects.. Allocating 10 trillion dinars to support governorate reconstruction plans
Today at 5:18 am by Rocky
» “His need no longer exists.” Parliamentary Finance confirms the necessity of returning the retiremen
Today at 5:17 am by Rocky
» To communicate with the bases... 12 directives from Al-Sadr, including blocking numbers for non-gove
Today at 5:15 am by Rocky
» In an interview with "Baghdad Today"... an Iranian researcher reveals the importance of Haniyeh's vi
Today at 5:14 am by Rocky
» After it was 63 trillion in 2023... the 2024 budget deficit will rise to 80 trillion dinars
Today at 5:13 am by Rocky
» Parliament reveals the date of the first evaluation of the governors and determines the party respon
Today at 5:11 am by Rocky
» The President of the Republic informs Al-Araji and Al-Basri: Momentum must be mobilized to eliminate
Today at 5:10 am by Rocky
» Can the Federal Court sue others? A legal clarification of its response mechanism to abuse
Today at 5:09 am by Rocky
» Despite promises to soon stop burning gas.. What is the secret behind Iraq renewing the Iranian gas
Today at 5:07 am by Rocky
» Advisor to Al-Sudani: The dollar is on the way to further decline, and 70% of Iraqi traders have ent
Today at 5:06 am by Rocky
» Iraq exported more than 99 million barrels of oil last February
Today at 5:04 am by Rocky
» Barzani “gives good news” to Kurdistan employees: salaries, land, and loan exemptions
Today at 5:03 am by Rocky
» Alia Nassif: Nour Zuhair returned to the port of Umm Qasr to make deals.. An influential Shiite forc
Today at 5:02 am by Rocky
» The Prime Minister announces the movement of nearly 500 stalled projects
Today at 5:00 am by Rocky
» A government strategy to enhance investments.. Iraq is on the verge of a new era of economic develop
Today at 4:59 am by Rocky
» Ranging between 20% and 50%.. The Kurdistan government decides to reduce service fees, customs dutie
Today at 4:58 am by Rocky
» Al-Sudani: The reform approach in the security services is an integral part of reform in other secto
Today at 4:56 am by Rocky
» Everyone in Iraq wants the Sudanese visit to Washington to be successful, even the factions!
Today at 4:55 am by Rocky
» Sources and experts expect the agenda.. in his bag is the Baghdad dollar and the factions’ truce, bu
Today at 4:54 am by Rocky
» The decision to raise gasoline prices arouses the ire of drivers...a reminder of the large demonstra
Today at 4:53 am by Rocky
» Parliamentary services: 3 important hospitals in Baghdad will enter service at the end of the year
Today at 4:52 am by Rocky
» Iraq signs a contract to supply Iranian gas for a period of five years
Today at 4:50 am by Rocky
» Parliament adds a voting paragraph on amending the Penal Code to its agenda
Today at 4:49 am by Rocky
» His political advisor: We are not afraid of Sudanese entering the elections alone
Today at 4:48 am by Rocky
» Parliamentary services explain the reasons for the rise in real estate prices in Baghdad
Today at 4:46 am by Rocky
» Attia, criticizing the government's decisions: "The citizen's feathers will be ruffled without servi
Today at 4:45 am by Rocky
» Parliamentary Communications: Zain Iraq and Asiacell did not pay their debts
Today at 4:44 am by Rocky
» The Governor of Karbala announces the imminent establishment of the largest industrial city in the c
Today at 4:43 am by Rocky
» A government determination to end the issue of displaced persons in the middle of this year
Today at 4:42 am by Rocky
» Iraq buys gas from Kurdistan to generate electricity
Today at 4:41 am by Rocky
» Parliamentary signatures to include an amendment to the internal regulations to decide the choice of
Today at 4:40 am by Rocky
» In Basra.. a demonstration against foreign workers in Iraqi companies (video)
Today at 4:38 am by Rocky
» Al-Samarrai: Presidency of Parliament is an entitlement to the constituents, and calling it a “frame
Today at 4:36 am by Rocky
» Electronic food supplies in 6 governorates... covering 11 million Iraqis and “writing off” about 700
Today at 4:34 am by Rocky
» Corruption of the Ministry of Transport.. Representatives express their surprise at the minister’s s
Today at 4:32 am by Rocky
» The biggest supporter of the invasion of Iraq.. The death of former US Senator Joe Lieberman
Today at 4:31 am by Rocky
» Iraq is ranked “late.” A list of the most and least safe Arab countries for women
Today at 4:30 am by Rocky
» The Council of Ministers exempts the Gulf Interconnection Authority from guarantee fees: it is a gov
Yesterday at 7:48 am by Rocky
» The Iraqi government raises the size of the 2024 budget, and Parliament is “surprised”
Yesterday at 7:46 am by Rocky
» Popular Movement: We have many economic options away from American hegemony
Yesterday at 7:42 am by Rocky
» The Oil Parliament stresses the need to transfer part of the revenues to the producing governorates
Yesterday at 7:41 am by Rocky
» It will cover 14 regions in eastern Iraq.. A deputy reveals the “border electricity” project
Yesterday at 7:40 am by Rocky
» Experts Warn Mass Migration Threatens US Food Security
Yesterday at 7:37 am by Bama Diva
» Al-Fateh: America occupies Iraq through agreements
Yesterday at 7:37 am by Rocky
» Anger in Iraq over a "sudden decision"... and a reminder of a "general strike" that paralyzed the co
Yesterday at 7:34 am by Rocky
» Parliamentary Committee: Parliament is discussing today a decision that “disturbed” the Iraqis
Yesterday at 7:33 am by Rocky
» Ministry of Electricity: Our production will reach 27 thousand megawatts by May
Yesterday at 7:31 am by Rocky
» Diagnosing the “most important” problems in the oil file between Baghdad and Erbil.. What is the rel
Yesterday at 7:30 am by Rocky
» The Iraqi Fiqh Academy and the Sunni Endowment issue a fatwa to pay Zakat al-Fitr
Yesterday at 7:28 am by Rocky
» The National Bank of Iraq continues its digital transformation by launching its new banking system a
Yesterday at 7:26 am by Rocky
» Parliamentary Investment and the Central Bank are discussing the housing initiative
Yesterday at 7:25 am by Rocky
» The Prime Minister announces the restart of 500 suspended projects
Yesterday at 7:23 am by Rocky
» Al-Barti assesses the region's employees: Your salaries are insured and will be paid after resettlem
Yesterday at 7:21 am by Rocky
» Iraqi-American discussions in anticipation of the Sudanese visit
Yesterday at 7:20 am by Rocky
» Iraq and Turkey hold meetings in Ankara to discuss technical issues related to the development road
Yesterday at 7:17 am by Rocky
» A government parliamentary agreement to support budget revenues and governorate allocations for inve
Yesterday at 7:16 am by Rocky
» Oil: The gas sector is witnessing great development
Yesterday at 7:15 am by Rocky
» A Kurdish-French agreement to develop trade and economic relations
Yesterday at 7:13 am by Rocky
» Exchange companies in Mosul demand that they be entered into the currency selling window
Yesterday at 7:12 am by Rocky