Khartoum: State Security Prosecutor investigates with former Finance Minister Badr al-Din Mahmoud about a Doha oil deal



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The Sudanese Foreign Ministry, former finance minister Badruddin Mahmood and former undersecretary of the Ministry of Finance, Mustapha Hawalli, investigated a "soft loan" granted by the government of Qatar in Sudan, worth 120 million euros. According to one source, the investigations conducted with Mahmoud and Hawley and other officials aimed to increase the cost of financing despite the important guarantees given by the Sudanese government to the Qatari authorities, including "the reservation of transit fees and the value of oil installations ". Sudan to the State of Southern Sudan.

The sources pointed out that the company "Vitol and Oasis of Peace" received loan financing with the agreement of the Ministries of Finance and Petroleum.

Vetol demanded that oil be provided for the cost of financing and the incentive reached 27%, but the Ministry of Finance and the Ministry of Petroleum provided them with 28% of the price of each barrel contained in the grant.

According to the source, the two parties then paid the Government of Sudan to pay the initial financing cost, which did not exceed 11%.

Badr al-Din made his statement to the prosecution, noting that the "oil procurement" committee comprised of the deputy finance secretary and deputy governor of the Central Bank and the chairman of the ministerial awards committee. of Energy.

The members of the committee were questioned, according to some reports that the decision came from the Minister of Finance Badr al-Din Mahmoud.

According to other sources, the total financing of real oil was 73 million euros out of 120 million euros.

Khartoum: Bage News

Source: Nileen

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