$6b Refinery Deal to be Investigated

By John Lee.

An Iraqi parliamentary committee has asked the Commission of Integrity to investigate the contract awarded to Satarem to build a $6-billion refinery in Maysan.

Iraq Business News‘ Expert Blogger Ahmed Mousa Jiyad recently questioned the legitimacy of the contract signed with the Swiss company, prompting the Ministry of Oil to issue a statement in its defence.

Shafaaq News said the parliamentary integrity committee debated the issue at the request of Maysan’s governing council, and that the parliament’s oil and energy panel is still investigating alleged corruption in the contract.

(Source: Emirates 24/7)

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