Follow us! Follow us!

Iraq surrenders to a US company

From Reputable News Sources

Iraq surrenders to a US company

Unread postby admin » Wed Nov 21, 2018 9:38 am

Iraq surrenders to a US company

2018/11/21 0:08

Iraq surrenders to a US company

BAGHDAD (AFP) - The State Real Estate Department has revealed the transfer of some land around the Baghdad International Airport to a US company for the establishment of an integrated residential city, and announced the handover of a number of palaces to the executing company for the establishment of the American University.
"The Department has recently receiveda letter from the National Investment Authority, after the approval of the General Secretariat of the Council of Ministers, to allocate some land surrounding Baghdad International Airport to one of the American companies that will establish an integrated industrial recreational city," said Ahmed al-Rubaie, .
He added that "the Department has already handed over initially, a number of palaces in the area surrounding Baghdad airport to a company for the establishment of the American University, and now the stage of signing the final contract to start construction."
Al-Rubaie confirmed that the department is "an executive body to implement what is issued by the Council of Ministers, and its work is based on the law of sale and lease of State funds No. 21 of 2013 amended and its work is limited to state real estate belonging to the Ministry of Finance exclusively," adding that " .
He pointed out that "the amounts due on the property are obtained in accordance with the law of collection of government debts, and the department in the event of non-payment, the issuance of an ultimatum is valid for 10 days and after and in the absence of payment, a decision to seize his movable and immovable property of the beneficiary in case not paid to the state.
"Any official or citizen, if he is a real estate agent, has the right to pay the equivalent of work, and if he fails, the government debt collection law applies to him," he said.
He confirmed that his department would evacuate the commercial real estate and agricultural abuses and would evacuate the residential properties that were overrun by the officials. "
Al-Rubaie said that some people claim that his circle The sale of real estate at low prices to some quarters, which is inaccurate, because it is not competent to sell state property, noting that his department and two years ago, the date of receipt, did not sell any property of the state, as a result of the issuance of resolutions and laws to stop sales, And For the confiscation and seizure of funds of the arrested regime ".
He stressed that "the Department and the Ministry of Finance look sympathetically for some cases, including real estate in the area of ​​Sadria, as it accepted requests for installment payments to pay the occupants and receipt of parts of the amounts from them, and is in the process of signing fixed contracts with them."

alforatnews.com
If its not on Iraqi Dinar Chat...It's probably crap!
User avatar
admin
Site Owner
Site Owner
 
Posts: 23542
Joined: Fri Sep 16, 2011 11:26 am

Return to Iraqi Politics & Economy

Who is online

Users browsing this forum: No registered users and 59 guests

cron