Reported today on Akhbar Alkhaleej newspaper [link updated]

An Iraqi member of Parliament who preferred to remain anonymous told the newspaper that highly confidential negotiations took place by representatives from American oil companies, offering $5 million to each MP who votes in favor of the Oil and Gas law.

The amount that could be paid to pass the votes do not exceed $150 million dollars in the case of $5 million to each MP, pointing out that the Oil law requires 138 votes to pass, which the Americans want to guarantee in many ways, including vote-buying, intimidation and threats!

Focusing on the heads of parliamentary blocs and influential figures in the parliament to ensure the votes, the Americans guaranteed the Kurdish votes in advance but they are seeking enough votes to pass and approve the law as soon as possible.

The article in English »

The original in Arabic »


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Further valuable related information offers an article from the American The Washington Times:

Increased Iraqi oil revenues stemming from high prices and improved security are piling up in the Federal Reserve Bank of New York rather than being spent on needed reconstruction projects, a Washington Times study of Iraq's spending and revenue figures has shown.

(...)

Source (American): Sharon Behn. Iraq not using oil cash to rebuild. The Washington Times 30.01.2008





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