British companies gives Iraqi officials shares in exchange f

[Stillw8n]

British companies gives Iraqi officials shares in exchange for contracts
Posted 21/10/2011 06:21 AM

BAGHDAD – Babinaoz: source revealed that Iraqi officials were able through delegates representing them to get half of the shares of five companies British bases, some recently, with the work of others to get on the shares of the k »gift» against the award of contracts and licenses to work in Iraq.

The source said that these companies get contracts in amounts of up to one billion dollars, or slightly less in several areas, will be awarded some of monopolies in the areas of work and invest for long periods.

He added that the clubs of London has seen in recent times many meetings have resulted in deals have enabled these companies to enter the investment market of Iraq to serve therefore profits in the pockets of those Iraqi officials, which is a face «innovative» aspects of administrative corruption and financial numerous.

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