Iraq: Economist: Ex-PM Maliki Lost Iraq $500bn in Oil

May 9, 2015 | Rudaw
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Economist Adnan Janabi, the former head of the Iraqi parliament's oil and gas committee, has criticized Baghdad's oil policies and laid the blame on ex-prime minister Nouri al-Maliki. “For 2015, the Iraqi government must pay the oil companies some $20 billion and Baghdad should be committed the deals it makes,” Janabi told the Al-Mada newspaper on Friday. Janabi said the delayed formation of a federal council for the oil and gas is the leading factor in the corruption and decline of Iraq's oil sector.