• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 5 hours Oil prices going Up? NO!
  • 15 hours Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 14 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 18 mins The Tony Seba report
  • 20 hours Oil prices going down
  • 23 hours Could oil demand collapse rapidly? Yup, sure could.
  • 1 hour Saudi Arabia turns to solar
  • 13 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 2 days Oil Buyers Club
  • 7 hours Kenya Eyes 200+ Oil Wells
  • 7 hours Are Electric Vehicles Really Better For The Environment?
  • 2 days Gazprom Exports to EU Hit Record
  • 2 days Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 22 hours Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 2 days Could Venezuela become a net oil importer?
  • 21 hours Tesla Closing a Dozen Solar Facilities in Nine States
Serving The 2 Billion Unbanked: A New Trillion Dollar Market

Serving The 2 Billion Unbanked: A New Trillion Dollar Market

Fintech, alongside blockchain, has been…

Iraqi Kurdistan Issues Arrest Warrant for Energy Minister’s Wife

Erbil KRG

A warrant has been issued for the arrest of the wife of the Iraqi Kurdistan energy minister over oil-related corruption allegations, Kurdish media outlets are reporting, citing official statements.

Kurdistan Regional Government (KRG) president Massoud Barzani has ordered the arrest of Chra Rafiq, the wife of KRG National Resources Minister Ashti Hawrami in connection with oil industry corruption.

Chra Rafiq—who has dual Iraqi and German citizenship and is reportedly estranged from her husband—is said to be abroad at present, and it is unclear whether the arrest warrant has an international aspect.

Related: Will U.S. Shale Stage A Comeback As Oil Nears $50?

Local media claim that she has not officially been charged with any crime, but speculate that she fled the Kurdistan Region of Iraq after an investigation was launched into her business dealings.

In January, Kurdish authorities reportedly seized US$250 million from Rafiq. The exact nature of the allegations remains unclear, and there are no reports detailing Rafiq’s involvement in the local oil industry, though she has publicly stated that she owns two companies.

On Tuesday, Rafiq publicly denied the allegations, calling them “propaganda”.

Related: Can Oil Prices Hold Onto Gains At $50 Per Barrel?

“I am not a corrupt person,” Rafiq told local NRT. “I hope Barzani will listen to what I have to say because he is not aware people want to smear me. I am not in charge of people’s livelihood,” she added. I have been working since my childhood until now to become wealthy and I own two companies.”

As the KRG makes bold moves towards independence from Baghdad, talk of rooting out corruption and making the Kurdish oil sector more transparent has intensified in recent months. There is ongoing criticism of the lack of a national oil company for the KRG and the process of pushing all energy decisions through the Natural Resources Ministry.

By Charles Kennedy of Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News