Friday, July 15, 2011

A New Scandal : "Current" Affairs !

Majid Abdul-Kader, Baghdad Alarabiya News  / Alwaleed Online News

The latest statement of the Minister of Treasury in Iraq Rafie Al-Esawi has raised alot of controversy within the Iraqi community. In his statement he confirmed that the total expenditure employed in restructuring the electric grid since 2003 is "enough to buy each Iraqi family a fully furnished apartment in the most luxurious european resorts !!".

Rafie Al-Esawi

Al-Esawi declared that a total of 107 Billion Dollars was spent on the electricity sector by the successive Iraqi governments since 2003. And according to economists , if these funds were employed in an honest and sound manner , Iraq's situation today would be totally different.


An economist stated to AlArabiya News that with this amount of money Iraqis could :
- Reconstruct The Grand Fao Port and Al-Jaff river
- Solve the housing crisis all over Iraq .
- Build factories all over Iraq .
- Cover and maintain the green areas all over Iraq .
- With this money Iraq could own several companies : (Siemens Electronic, Mitsubishi Power and General Electric Company).
Iraqs' expenditure on electricity sector alone exceeds the budgets of many countries, while in fact all of the important sectors in Iraq are still lagging behind such as industry, agriculture and transportation in addition to education, which has long characterized the Iraq and the Iraqis in history.


So far , Iraqi citizens are not convinced that a very rich country such as Iraq is unable to solve the electricity crisis that is years long and which has consumed an unbelievable amount of money , an amount that is equal to the budget of 20 years of a country like Bahrain !
And the corruption issues continue in the electricity sector , Alwaleed Online News has revealed this month a major case where the corrupt Iraqi government has signed fake contracts which equal 2 Billion Dollars.


107 Billion Dollars has vanished, and Iraqis continue to live in the dark.
This is how the occupation backed governments function !

1 comment:

  1. Wonderful information, I had come to know about your blog from my friend nandu , hyderabad,i have read at least 7 posts of yours by now, and let me tell you, your website gives the best and the most interesting information. This is just the kind of information that i had been looking for, i'm already your rss reader now and i would regularly watch out for the new posts, once again hats off to you! Thanks a ton once again, Regards,
    Fully Furnished office space for rent in KPHB Colony
    Fully Furnished Office Space for rent in Paradaise Circle
    Fully Furnished Office Space for rent in Khairathabad
    Fully Furnished Office Space for rent in Hi-Tech City
    Fully Furnished Office Space for rent in Secunderabad
    Fully Furnished Office Space for rent in Hyderabad
    Fully Furnished Office Space for rent in Kukatpally
    Fully Furnished Office Space for rent in HimayathNagar
    Fully Furnished Office Space for rent in Ameerpet
    Fully Furnished Office Space for rent in S R Nagar
    Fully Furnished Office Space for rent in SD Road
    Fully Furnished Office Space for rent in SP Road
    Fully Furnished Office Space for rent in Gachibowli
    Fully Furnished Office Space for rent in Kondapur
    Fully Furnished Office Space for rent in Madhapur
    Fully Furnished Office Space for rent in Kavuri Hills
    Fully Furnished Office Space for rent in Jubilee Hills
    Fully Furnished Office Space for rent in Banjara Hills
    Fully Furnished Office Space for rent in Panjagutta
    Fully Furnished Office Space for rent in Somajiguda
    Fully Furnished Office Space for rent in Rajbhavan Road
    Fully Furnished Office Space for rent in Begumpet

    ReplyDelete