Integrity: a prison sentence against the Minister of Finance and the director of the Rafidain Bank earlier


Revealed the Integrity Commission, on Wednesday, a prison sentence against the Minister of Finance and the director of the Rafidain Bank earlier, attributed the reason to damage the amount of 40 billion dinars.

The Department of Investigation in the Authority in a statement received Alsumaria News, a copy of it that "the Criminal Court on the issues of integrity in Baghdad issued two sentences of imprisonment for seven years against the Minister of Finance and the director of the Rafidain Bank precedes, according to the provisions of Article 340 of the Penal Code and the meaning of the articles of participation 47 and 48 and 49 of it,

"indicating that" this came after the agreement of convicted fugitives in 2012, and the joint with other defendants separated cases, causing intentional damage amounted to (40 billion,000) billion dinars with funds and the interests of the body where they were working, through violations committed from Before them ".

"They have granted a loan to one of the fertilizers production companies, despite the lack of economic feasibility of the project for which the loan was granted and the absence of real estate guarantees, despite the large amount of the loan.

This led to the project being stopped and the loan was not paid," he said. , After reviewing the evidence obtained in the case, which is the statement of the legal representative of the Ministry of Finance who requested the complaint against the accused,

in addition to the minutes of the investigative committee composed in the Office of the Inspector General of the Ministry of Finance, which recommended referral of the accused to the competent courts T that brought the court to the conclusion that the definitive and conclusive evidence obtained is sufficient and compelling convictions. "

In the same context, the court itself issued late in October last two sentences of imprisonment for seven years against the owner of the fertilizer production company that obtained the loan and its Commissioner Commissioner,

in accordance with the provisions of Article 444 / XI of the Penal Code and the meaning of Articles 47, 48 and 49 thereof, In order to cause them to cause damage to public money.

The decisions issued against the four accused including issuing arrest warrants, investigating and carrying out the fundamental search of the convicts, supporting the seizure of their movable and immovable property, and granting the injured party the right to seek compensation before the civil courts after the judgments have been decided by the court.…D8%B5%D8%B1/ar

By John Lee.

Abu Dhabi-based Emirates Steel is reportedly considering expansion into Iraq.

Chief Executive Saeed Al Remeithi told The National:

We’re always looking at new markets, one of which we are targeting now is Iraq …

“Iraq is a big growth market for us, and from the logistics point of view it is very big. We have seen right now Iraq is more stabilised than in the past few years and we have already started on the market.

The company, which is part of Senaat, is currently in the middle of a refinancing programme.

More here.

(Source: The National)

IOM and UNODC Sign Agreement with the Government of Jordan to Upgrade al-Karamah Border Crossing Point

In partnership with the Government of Jordan, the International Organization for Migration (IOM) and the United Nations Office on Drugs and Crime (UNODC) signed an official partnership yesterday (10/12) to upgrade the al-Karamah border crossing point between Iraq and Jordan.

The project, funded by the European Union Instrument Contributing to Stability and Peace (EU IcSP), also contributes to the stability and economic recovery in the region.

“Iraq has always been a key economic partner for Jordan and a significant market for Jordanian exports. The closure of al-Karamah border point over the past years has had a significant negative impact on Jordan’s manufacturing sector and on the Jordanian economy in general. The government is working tirelessly to restore the economic ties with this important country for the benefit of the two sides, and we hope that the rehabilitation of al-Karamah will constitute another building block in this effort,” said Dr Maria Kawar, Minister of Planning and International Cooperation.

Al-Karamah is the only official border crossing point between Iraq and Jordan. Closed in the summer of 2015, it reopened in August 2017 raising the prospect of an improved economy among traders and consumers. Long-lasting crises in Syria and Iraq forced the closure of the land borders with both neighbors, namely the direct route between the ports of Aqaba, on the Red Sea, and Basra, on the Arabian Gulf.

Before the closure of the borders, Iraq was one of the main trade partners of Jordan. In 2013, 178,573 commercial trucks used al-Karamah to enter Iraq from Jordan, and 173,788 entered Jordan from Iraq. Border closures considerably increased the price of imports and exports.

“Border crossing points facilitate trade and exchange between people and communities. This EU-funded project will share the EU approach on integrated border management and adapt it to the situation at the Jordan/Iraq border with a view to facilitate bilateral trade and the movement of people,” said Mr Andrea Matteo Fontana, European Union Ambassador to Jordan.

The project will allow for the construction of a joint building for all departments operating at al-Karamah that will ease procedures and shorten the waiting time for passengers, allowing authorities to process a higher number of passengers per day.

The security of the passengers and the Kingdom will continue to be at the centre of the operation, with enhanced trainings on document forgery detection and other techniques related to border management.

Communities at both sides of the border will benefit from the improved border crossing point.

“I am from al-Anbar and I study pharmacy in Amman. I used to pay around 200 dollars to fly to Baghdad, and then I had to take a bus to al-Anbar from the capital. With the border post re-opened, I save money and time, and I can come home more often,” one young student told IOM staff.

“Communities in remote border regions need additional support to take advantage of the opportunities and overcome the challenges associated to a border context. The project will contribute to revitalize the economy of Mafraq and al-Anbar regions that used to rely on the livelihoods directly or indirectly created by the movements through the border post, before its closure,” said Enrico Ponziani, Chief of Mission of IOM Jordan.

The project will also improve cargo control procedures to secure and facilitate trade with the extension of the UNODC/World Customs Organization Container Control Programme at the al-Karamah border crossing point, and the establishment of a Border Control Unit.

“UNODC’s contribution to this project is two-pronged. Firstly, it aims at further securing the Al Karamah-Turaibil border crossing by strengthening the capacity of Jordanian and Iraqi law enforcement agencies to prevent trafficking of illicit goods. Secondly, it serves to facilitate trade across the border by strengthening cooperation with the private sector and streamlining cargo clearance and control processes”, said Ms. Cristina Albertin, Regional Representative of UNODC.

(Source: IOM)

In the framework of the financing agreement signed yesterday by the Government of Iraq (GoI) and the European Union (EU) committing €14 million (US$15.8 equivalent) to support the government’s efforts to ensure increased and more reliable energy access for the Iraqi population, the EU and the World Bank Group (WBG) have signed today a €12.85 million (US$14.5 equivalent) implementation agreement to provide the needed technical assistance.

The initiative complements the ongoing and upcoming World Bank interventions in support of the GoI’s energy sector reforms, including those embedded in the budget support operations series (Development Policy Financing programs – DPFs), the Reimbursable Advisory Services (RAS) for structuring the Gas Value Chain and Gas Marketing in Iraq, and the support to subsidy reforms funded by the ESMAP’s Energy Subsidy Reform Technical Assistance Facility (ESRAF).

Supporting Iraq’s private sector enabling energy sector reforms is a priority development objective in the country both for the EU and the WBG. In a country where the energy sector accounts for more than 90% of central government revenues, addressing energy sector challenges is an essential and complementary action to any public finances related reforms, an area in which the European Union and the World Bank are also partnering in Iraq.

The country is also the world’s 3rd largest exporter of oil and its untapped natural gas reserves are the 12th largest in the world, yet it is forced to import fuel to meet its domestic energy demand, which imposes significant economic and fiscal strain on public finances. Equally important, Iraqi citizens are regularly faced with power shortages and have to resort to more expensive and pollutant sources of energy.

Efficiency in the management of public resources and delivery of services are critical to the achievement of public policy objectives, especially for a resource-rich upper-middle income country like Iraq, as well as fundamental to restore the trust and social contract between Iraqi citizen’s and the country’s institutions, especially in a post-conflict era of stabilisation and reconstruction. “As pledged in the Kuwait Conference, the European Union is committed to help Iraq’s reconstruction efforts and economic and political reforms to secure a better future for its citizens,”

(Source: Relief Web)

This week the German Federal Foreign Office bolstered IOM’s Community Policing (CP) programme in Iraq by providing an additional 1.7 million Euros, raising Germany’s total contributions to this important effort to 5.7 million Euros.

IOM’s CP programme aims to contribute to enhanced security and stability in Iraq, by facilitating dialogue between communities and law enforcement actors, through Community Policing Forums (CPF) in communities affected by conflict and displacement.

In the last three years 101 Community Policing Forums (CPFs) have been established across Iraq with the support of IOM. CPFs aim to resolve a variety of security concerns at the community level, including those related to housing, land and property (HLP) disputes, access to water and electricity, civil unrest, documentation for internally displaced persons (IDPs) and returnees, child protection, human trafficking, sexual harassment and domestic violence.

The German Ambassador to Iraq, Dr. Cyrill Nunn, said:

“Community Policing is an important strategy to bring together socially fragmented communities in Iraq to peacefully resolve security related problems. Germany supports Community Policing to build and strengthen mutual trust between citizens and law enforcement agencies, contributing to safe and stable communities – the building blocks of a stable Iraq.”

CPFs are facilitated by a CP officer from the local police department and by elected community members. IOM guides CPFs in the development of community safety plans which identify the most critical security and safety issues that can be addressed and tackled by the community and the police.

Gerard Waite, IOM Chief of Mission in Iraq commented:

Issues are resolved mainly through identifying the correct entity to refer to, either law enforcement, public institutions, civil society organizations, or the community themselves.”

“The success of these forums can be seen through a variety of indicators, such as a decrease in crime, an increase in the level of cooperation from the community in solving security problems, and less use of force by police towards members of the community.

Brigadier Khalid Falah Kadhim, head of Iraq CP Directorate within the Government of Iraq’s Ministry of Interior, testifies to the positive impact the CP model has had on local police structures at the community level:

“The logistical and technical support provided by IOM to rebuild infrastructure and strengthen the capacity of community policing has played a fundamental role in peace building in communities, and we are thankful to the Government of Germany for providing this support.”

(Source: IOM)

The Central Bank is prohibited from filling the position of the manager, his assistant or the shareholder of the withdrawn companies

The Central Bank of Iraq (CBE) announced on Tuesday that it would not be allowed to hold the post of director, assistant or shareholder of companies withdrawn from their licenses.

In a statement received by Alsumaria News, the bank said in a statement that "for the purpose of upgrading the sector of companies to mediate the sale and purchase of foreign currencies and ensure that they are managed by competent people in accordance with the provisions of relevant laws, especially the AML / CFT law, it is prohibited to hold the position of director, Drawn in two cases. "

"The first case concerns companies that have withdrawn their leave because they violated the bank’s instructions or the AML / CFT law," he said.

"The second case concerns those who have been removed from office or sold their shares under a directive issued by this bank," the bank said.…D9%87%D9%85/ar

Relationship: 88 billion size of the devastation ISIS

Baghdad/Iraq News Network-Cabinet Secretary General Mehdi relationship, Tuesday, that the value of the devastation caused by the terrorist organization of ISIS up to 88 billion dollars, said at a press conference relations of the American Chamber of Commerce meeting in Baghdad,

the State managed to return 70% of the displaced and seeking To restore them, remaining there less than one million and 400 thousand remain displaced people ", stating that" the value of devastation organize terrorist ISIS reach 88 billion dollars.

"he explained that" economic sector development resolutions to protect local almettg for 80 product, adding to efforts to lift the ban on Iraqi aircraft and aviation authority separation.

"he noted that" seek to increase production of electricity and the adoption of smart meters for transparent collection and interest in clean energy, "indicating that" the Government has worked to connect 90 percent of e-business infrastructure, as well as linking Cabinet with all ministries and State Council ".…-%D8%AE%D9%84/

Parliamentary Integrity confirms its intention to open large and important files of corruption

Baghdad / .. The Parliamentary
Integrity Committee, on Tuesday, its intention to open files of corruption large and important, away from any political pressures or other.

"The Parliamentary Integrity Committee is determined to open large and important corruption files that have led to waste of public money and caused damage to all parts of the state," said committee member Abdul Amir al-Mayahi.

"There is no veto or red line for every official or accused of various corruption cases, whether the file is large or small," al-Mayahi said.

It is noteworthy that the financial and administrative corruption spread in Iraq significantly, as Transparency International classified it as one of the most corrupt countries in the world,

but the Iraqi government often criticized the reports of the Organization on corruption and considered inaccurate and based on information received through local and foreign companies failed to implement Service projects in Iraq