Baghdad is close the file of «oil for food
25/01/2012 | (Voice of Iraq) - Baghdad - Naseer Goldfinch - Dar Al-Hayat instructed the Iraqi government, the Ministry of Finance and Central Bank of Iraq to liquidate one's oil for food and medicine in the form completely, and prepare for the cap ends after the registration of commercial claims trade creditors, which was considered one adviser Cabinet Hassan Akif b «Almthinin for the chance to get out of Iraqi funds from the international protection of reserved».
and decided to Committee on Economic Affairs headed by Deputy Prime Minister Ruz Nuri Shawis and the membership of eight ministries and financial bodies Iraq, the demand of the Ministry of Finance in coordination with the Central Bank Iraqi regarding payments to companies for the value of contracts concluded under the memorandum of understanding (oil for food) and filtered once and the number six companies. faced Iraq after the American occupation in 2003 and one of the more complex problems, left behind by the former regime of external debt, which exceeded $ 130 billion , mostly for the benefit of countries and companies claimed that the survival of a debt owed by Iraq, as well as claims for compensation for the benefit of persons to be affected by the previous regime and the invasion of Kuwait.
The expert in the Iraqi Council of Ministers Hassan Akef told «life», that «the government formed a higher committee for the protection of Iraqi funds abroad, under the chairmanship of Deputy Prime Minister, and tasks to develop a mechanism fully to ensure the protection of Iraq's money, has ended the mandate of the Development Fund for Iraq at the end of 2010 under UN Security Council resolution, and then entered the Iraqi funds under the protection of the U.S. president that will end soon ».
69 contract and announced Akef, the existence of «69 contract under the oil for food program registered with the ministries and official authorities of Iraq, and instructed the Committee to the Central Bank of Iraq to reimburse 26 contracts, but the relevant international exchange and agreed to the liquidation of 19 contracts only, and informed the Iraqi government can not be spent other contracts for the lack of documentation received from by Iraq ». He pointed out that the Council of Ministers «decided to liquidate contracts of the Russian Federation regardless of the availability of the documents or not».
He stressed that the government «will decide soon determine the time limit expires after the registration of commercial claims of commercial creditors, and may not thereafter make any complaints against Iraq relating to allegations of commercial debt inherited from the former regime».
The Vice-Governor of the Central Bank of the appearance of Mohammed Saleh, that the file of the oil-for Food and Drug Administration «is closing very soon». And detection of «life» that the United Nations «handled 34 contracts, and turned the remainder of the funds for the Iraq Development Fund for Iraq reached $ 630 million. And asked Iraq to address the remaining claims of the companies of the value claimed by seven million dollars, and we are waiting for authorization from the government to settle, and the file will close the private sector debt in the form of a full oil ».
