$27bn spent on Electricity Sector since 2003
By John Lee.
A spokesman from the parliamentary oil and gas committee has said that $27 billion has been spent on the electricity sector in Iraq since 2003, and that vast amounts of money have been wasted through corruption.
According to AKnews, Qasim Mohammed said:
“Iraqi Deputy Prime Minister for Energy Hussain Shahristani will be called to parliament after Ramadan Eid for two reasons.
“The presidency created a committee to investigate the electricity sector due to the huge amount of money being spent in this sector and still the problems have not been solved.
“Some $27bn have been spent on the electricity sector in Iraq since 2003 but electricity has only increased by 1,000 megawatts. The Kurdistan Region has spent $1bn and gained 2,000 megawatts more.
“There is huge corruption in the electricity sector in Iraq.“