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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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    Serious information .. international auditor reveals waste millions in contracts provinces (Details)

    Rocky
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    Serious information .. international auditor reveals waste millions in contracts provinces (Details) Empty Serious information .. international auditor reveals waste millions in contracts provinces (Details)

    Post by Rocky Mon 25 Apr 2016, 8:24 am

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    25-04-2016 02:19 PM    
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    Orbit News -
     
     
    Revealed the international auditor's report on Monday about the presence of "significant irregularities" in the contracts for the majority of Iraq's provinces, including Kurdistan with lagging behind firms led to the waste of millions of dollars, while pointing out that most of the projects referred to these companies did not exceed the completion rate was 10%; with the failure to take any legal action against those companies or entities that referred them to work despite the lack of efficiency.
     
    He said the international auditor of the company (Ernst & Young), in his report that "Basra province entered contractual obligations different amount 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and without a financial allocation in the federal budget, contrary to instructions," noting that "the province has withdrawn the work of five companies amounted to contracts 307822232217 dinars without taking any legal action against those companies or entities that referred them to work despite the lack of efficiency. "
     
    The Ernst & Young auditor, 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 an advance of 100% of the contract value and the percentage of achievement 0% up to withdraw the work," noting to, that "the province has been unable to recover the amount of the advance, which represents the full amount of the contract until the date of completion of the audit and did not maintain any action taken 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 permanent river 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 said the auditor, that "the province also contracted in 2011, two contracts with a single company, a monumental architecture on the same day and $ 7.806 billion 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 which were 510 day one of them in 1004 and on the other ", pointing out that" the amount spent on the two decades up to the same date 4.257 billion dinars, however the province has signed a third contract with the same company lagging, at $ 1.4005 billion dinars. "
     
    He revealed the international auditor, that "in other contracts entered into by the province granted an additional extended contracting companies ranged between 131% and 281%, of the four contracts worth $ 21,041,558,000 dinars, while the amount of the advances accumulated unfiltered amounted to 10,769,270,216 dinars, despite more than a year after each other." .
     
    And on the province of Babylon, he drew Ernst & Young auditor, that "there are three lagging behind decades ago in 2007 and 2008 amounted to 5.596 billion dinars ranged achievement between 0% to 40% up to October 2015 ratios did not provide maintaining audit Boulyat those contracts the company," stressing that " there are three decades of 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 a standstill despite the high percentage of completion in their projects. "
     
    He stressed the international auditor, that "the province of Babylon, has signed five contracts for the establishment of schools in different parts of the province inevitably to the General Mansour Company executed achievement has lagged and did not maintain take any action against the company in addition to that the province auditing firm Boulyat did not provide follow-up projects."
     
    With respect to the province of Diwaniyah, pointed out the international auditor, to be the "iron bridge was held in Diwaniya assigned to the banks of the Euphrates 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 to incompatibility with the design of the city, "noting that" the auditing firm had been unable to find out the amount spent on the contract due to lack of preservation has information showing what was spent on each claim held by the province in her book directed to the auditing firm. "
     
    He said the international observer, that "not 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 projects of $ 2.540495 billion dinars ranged ratio between 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 the withdrawal of work, including where the balance was in the December 31, 2013 amounted to $ 59,893,421,371 dinars," he said, adding that "the province has been unable to recover 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 said the auditor, that "there are five other projects pending for 54797087050 dinars due to the withdrawal 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 58143850269 dinars despite began working in one of them in 2011 ".
     
    Ernst & Young auditor pointed out that "lack 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 the province referred the projects at $ 7501944000 dinars in contrast to the instructions of the Ministry of Finance, where he contracted before the 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," adding "not to prepare a report Detailed receivables suspended and details between the province and the center for the period from 2004 to 2014 as opposed to the laws of the budget. "
     
    The Ernst & Young auditor, that "there's predecessor suspended since 2011 with the Federal 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 It is not implemented until December 2015. "
     
    He revealed the international observer, that "the design, construction and operation of Akre water plant site by the Ministry of Municipalities and Tourism in the region took place 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 the station is equipped is the part More importantly, in the contract at a time when the extension period 66% of the original duration of the contract amounted to. "
     
    As for the Ministry of Education in the region, he stressed the international observer, that "the ministry has 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 the contractor had not withdrawn for lack of cash, and there is reluctance nine projects in the province of Sulaymaniyah because of the incompetence of the executing companies and the percentage of implementation of 3%, including zero. "

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