The provincial government signed a contract with a US firm to audit the accounts of the sale of oil
The provincial government signed a contract with a US firm to audit the accounts of the sale of oil
Thursday, October 6, 2016 17:38
BAGHDAD / Baghdadi Uz..oukat the Kurdistan Regional Government, on Thursday, signed a contract with the American firm Deloitte to audit the accounts of its oil sector after it faced criticism from members of the regional parliament of failing to follow transparency in the announcement of the exact figures for production and exports.
A spokesman for the Government of the Territory Sven Dzia in a statement seen by / Baghdadi News / “The contract signed by the Government of the Territory includes independent from the company for expenses and income from all operations related to the oil and gas sector in the region scrutiny,” adding that “the Government of the Territory discussed the issue of the contract with the company US in the last cabinet meeting and decided to sign the contract for an independent audit of the entire production and sale of oil process. ”
He added that “the US company will provide monthly reports on the results of the accounting and audit conducted by the government, it will include the company’s audit operations carried out by the oil companies in the region since the beginning of its operations.”
Kurdistan Regional Government has been under severe criticism by the regional parliament, which accused the government of lack of transparency on the subject of oil extraction and export proceeds and revenues from Zlk.anthy 21 / d
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