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Kuwait: We have received 2.97 billion dollars Ktaweidaat for environmental damage caused by the Iraqi invasion
Wednesday 20 May 2015 - 09:09
Said Kuwaiti Oil Minister Ali Al-Omair, Wednesday, that the country received $ 2.97 billion from the United Nations "for the purposes of compensation for environmental damage caused by the Iraqi invasion of the country in 1990."
He was quoted by Kuwait News Agency (KUNA) the minister as saying during the National Assembly session (of parliament), that environmental compensation funds deposited with the General Authority for Investment (sovereign wealth of Kuwait Fund) in order to invest but the Governing Council of the United Nations Compensation Commission sent a note that these funds planned for business Environmental and may not be invested.
He said Omair said, "has been the transfer of these funds are being transferred to the remaining ones where local banks deposited in a subsidiary of the Kuwaiti Council of the link point management accounts for environment projects, lest there be any room for use in the field of investment exhibition of profit and loss."
He pointed out that these funds "are used only for the purposes of processing the environment Bmhaorha three wild environment in the reserves and environment infrastructure in the ground water and the environment air through how to mitigate emissions from the oil lakes".
N. news reporting agency || Karbala
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Wednesday 20 May 2015 - 09:09
Said Kuwaiti Oil Minister Ali Al-Omair, Wednesday, that the country received $ 2.97 billion from the United Nations "for the purposes of compensation for environmental damage caused by the Iraqi invasion of the country in 1990."
He was quoted by Kuwait News Agency (KUNA) the minister as saying during the National Assembly session (of parliament), that environmental compensation funds deposited with the General Authority for Investment (sovereign wealth of Kuwait Fund) in order to invest but the Governing Council of the United Nations Compensation Commission sent a note that these funds planned for business Environmental and may not be invested.
He said Omair said, "has been the transfer of these funds are being transferred to the remaining ones where local banks deposited in a subsidiary of the Kuwaiti Council of the link point management accounts for environment projects, lest there be any room for use in the field of investment exhibition of profit and loss."
He pointed out that these funds "are used only for the purposes of processing the environment Bmhaorha three wild environment in the reserves and environment infrastructure in the ground water and the environment air through how to mitigate emissions from the oil lakes".
N. news reporting agency || Karbala
[You must be registered and logged in to see this link.]
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