مظاهر الفساد المالي في عقود مذكرة التفاهم النفط مقابل الغذاء

Abstract

        The contracts of deal of memorandum or the so called oil for food has been made under the decision numbered 986 dated on 1995,which allowed Iraq to sell oil for the purpose of allowing food and drugs administration and for repairing basic structures including the oil industry. However; the damage that has occurred to Iraq may equal or exceed beneficial outcomes due to the  negative effects resulting from the contracts of deal since it is being granted to a single source( firm or office), without the presence of a  specific mechanism like competition between the companies to get the best offers by a tender  manner or a direct invitation. Which missed an opportunity to get the best deals. Although the companies dues should be paid by documentary credits but unfortunately united nation launched amounts to the companies without actual maturity to these amounts by launching unequipped amounts or launching amounts of materials not matching certain standards. The main reason for that is that Iraq is under Chapter VII and did not have the ability to claim their rights. After that Iraq came out of Chapter VII and have had full sovereignty, it is important to find ways away from traditional ways of obtaining rights.                                                    

This is because the lawsuits and the referee's decisions are hard to be implemented. So it was necessary to find alternative means  from which we can get the money that they owe, because of the large loss of Iraqi funds. Also, united nation considers itself as a sponsor of interests of States and nations to conserve their rights. However,  on the members who are concerned with the program did not faithfully implement their commitments and sincerity unfortunately