Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
Politics
 Print  Send This Page
Save Listen to this Article
No one knew about penalty   

Kuwait Times - 31 May, 2012
Author: Thaar Al-Rashidi

To put the blame on the Popular Bloc, even partially, in the case of compensation for the cancellation of the Dow contract is not precise talking, even it matches the facts of the deal cancellation.

To begin with, the two Popular Bloc MPs, Ahmad Al-Saadoun and Musallam Al-Barrak along with MP Saleh Al-Mulla who joined them demanding the cancellation of the deal, are only Parliament members without the right to execute or cancel the deal.

Yes, they might threaten to grill some minister or something similar, in case the deal is passed. But for sure they have no power to execute, as that is Government business only. The Government has made the deal and agreed on it and cancelled it. The previous Government is fully responsible, not the MPs who demanded the cancellation of the deal or the Government who responded to their demands.

These are the details of the political responsibility in general. MPs are not responsible in any way. They did not negotiate, they did not sign and they did not put the penalty condition, which no one knew about it. Even the Government, the Prime Minister and the Oil Minister: none of them knew about the imaginary penalty condition which was added by the Kuwaiti negotiator in the interest of “Dow” Company. It was kept secret from everyone. It was discovered four days after the Government cancelled the contract. No one knew about the penalty condition neither the MPs nor the Government nor the Supreme Council for Petroleum knew about it.

It was discovered in the meeting held by the Supreme Council for Petroleum (SCP)that only three persons knew about the penalty clause. The SCP was not informed about this condition. After it was disclosed, the Government was at a loss as to how to explain it, and how to find a way out of the mess and declared through the Oil Minister that the penalty condition was a “ceiling” for court purposes.

This means if Dow sued the Kuwait Government it could not ask for more than $ 2.5 billion. This is what happened in the court decision in favor of Dow which fined Kuwait $ 2.1 billion, about $ 400 million less than the “ceiling” to which the Oil Minister pointed then.

What is very clear is that the MPs who caused the cancellation of the deal are not responsible. The previous Government is fully responsible, and the current Government should send all Kuwaiti parties who participated in negotiating the contract with Dow for interrogation and send the one who hid the penalty condition to the court.

NOTE: Whoever wants to hold Ahmad Al-Saadoun responsible for the loss the Kuwait Government incurred, because he demanded canceling the deal as MP, is one of two people. Either he doesn’t know the alphabet of politics or he is speaking in someone else’s tongue. – Al-Anba
 
Qatar University students take part in charitable activities
Source : Gulf Times  
Date : 2013-05-24
Twenty-four students from the Department of International Affairs at the College of Arts and Sciences (CAS), Qatar University (QU), recently completed a series of charitable activities as part of the...
Qatar-Iraq defence ties reviewed
Source : Gulf Times  
Date : 2013-05-24
HE Chief of Staff of the Armed Forces Major General Hamad bin Ali al-Attiyah holding talks with the visiting Defence Minister of Iraq Sadun al-Dulaymi yesterday....
Ajman Ruler opens Uthman Bin Affan Mosque
Source : Gulf Today  
Date : 2013-05-24
His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, on Thursday opened Uthman Bin Affan Mosque in the Khalidiya Area of Ajman....
Two-day workshop held for diabetes awareness
Source : Gulf Today  
Date : 2013-05-24
Ways of dealing with and accepting being a diabetic patient and increasing awareness among patients to avoid complications were recently highlighted in a two-day training workshop held by the Sharjah...
Sharjah campaign nets 68 illegals
Source : Gulf Today  
Date : 2013-05-24
As many as 68 illegal residents of Asian and African origin have been arrested in various areas of the emirate of Sharjah during a campaign launched by the CID branch...
Qatar's media faces challenges: NU-Q Dean
Source : The Peninsula  
Date : 2013-05-24
Dennis, Dean and Chief Executive Office of Northwestern University in Qatar, speaking at the Doha Marriott Hotel. Qassim Rahmatullah...
French School Bonaparte begins recycling programme
Source : The Peninsula  
Date : 2013-05-24
Pupils and personnel of the French School Bonaparte inaugurated its first recycling programme yesterday. With this initiative, the centre aims to become a 'green school' with the installation of waste...
From Iraq to Syria: US Political Impotence in the Middle East
Source : The Antiwar.com  
Date : 2013-05-24
In an article published May 15, 2013, American historical social scientist Immanuel Wallerstein wrote, "Nothing illustrates more the limitations of Western power than the internal controversy its elites are having...
A Friend in Need is a Friend Indeed
Source : Asharq Al-Awsat  
Date : 2013-05-24
This is a good question which should be raised before the G11 or the core “Friends of Syria” group meet in Jordan before the promised Geneva 2 conference takes place....
Qatari PM meets Egyptian president
Source : Gulf Times  
Date : 2013-05-24
HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor al-Thani holding talks with Egyptian President Mohamed Mursi in Cairo yesterday....
Arab vision to handle the Syrian crisis
Source : Gulf Times  
Date : 2013-05-24
The Arab committee on Syria has agreed on the elements that would contribute to the success of the forthcoming Geneva international conference on a political solution for the Syrian crisis....
Al-Qaeda man kills cop in jail
Source : Arab News  
Date : 2013-05-24
An Al-Qaeda terror suspect killed a police officer inside Taif prison yesterday while the latter was trying to put out a fire, police said....
Saudi law firms to train women
Source : Arab News  
Date : 2013-05-24
Saudi law firms are training 21 women to pursue careers in the legal profession, according to the Justice Ministry....
MoL to launch alumni online employment channel
Source : Arab News  
Date : 2013-05-24
Labor Minister Adel Fakeih will launch the "Taqat: Alumni Online Recruitment" website on the sidelines of the graduation ceremony of the sixth graduating class of Saudi students in the United...
Maliki's "Step One"
Source : Asharq Al-Awsat  
Date : 2013-05-24
Following the unrest in the country, the Iraqi Prime Minister called for MPs to boycott the next parliamentary session. He said that "the session will be aggravating and hectic since...
Jobs provided for Saudi women in bakeries
Source : Arab News  
Date : 2013-05-24
The Ministry of Labor has undertaken several measures to encourage Saudi women to enter the workforce and has recently announced it will support women to take up jobs in local...
Iran's Moment of Truth
Source : Asharq Al-Awsat  
Date : 2013-05-24
Is it still interesting? This question concerns the forthcoming presidential election in Iran. Some believe that the decision to prevent "heavyweight" candidates from standing has emptied the exercise of whatever...
'Govt needs media to identify problems'
Source : Arab News  
Date : 2013-05-24
Government departments can identify and deal with services-related complaints from the public by building effective partnerships with media houses in the Kingdom, a local academic has urged....
unemployed crackdown illegal workers compatriots
Source : Arab News  
Date : 2013-05-24
The Indian Embassy in Riyadh will verify and deliver nearly 24,000 emergency travel certificates, also known as outpasses, to applicants across the country over the next few days....
Some illegal workers seek financial aid
Source : Arab News  
Date : 2013-05-24
The old commercial district of Batha is where many lonely Filipinos while away time to get over homesickness. It has also become a place where unemployed Filipinos affected by the...
Total 602 Results in 31 Pages
  6 
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.ae
Sun May 26, 2013| 16-رجب-1434هـ
Syria opposition seeks to unify as talks get momentum to end war
New initiatives for Saudi SMEs in spotlight
US official blasts Iran election maneuvering
Jet shareholders back Etihad deal
Bahrain protesters, police clash
Iraq vows action against Kurdistan crude sales
GCC celebrates 32 years of cooperation
RO 8bn projects in pipeline
Al-Qaeda seizes Yemen villages
Iran inks deals to develop Sardar-e Jangal field in Caspian Sea
Iraq warns Kurds against exporting oil to Turkey
Saudi Energy to open amid KSA's economic dynamism
Saudi missing for 10 years found imprisoned in Iraq
Cruise tourism propelling UAE's GDP
WHO to help KSA probe coronavirus before Haj
Expansion to up Riyadh airport capacity to 35 m
    Newspaper Editorials
Violence against media shouldn't be condoned
Citizens' welfare
More>>  
    Opinions
Iran's Moment of Truth
Battered and bloodied
More>>  
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    Reports
Iraq Ten Years On
US Goals and Strategies toward the Arab World
More>>  
    Bank Reports
Saudi Arabia: Interest rate outlook, 2013-15
GCC Markets Monthly - May 2013
More>>  
    GRC Analysis
Building a Strong Saudi-Japan Relationship
Poor Gulf: Inequality and the Lack of Statistics
Whither GCC-US Relations?
    GRC Commentary
On Relations between Rulers and Citizens: The Need for a New Social/Political Contract in the GCC States
Key Issue Facing the Saudi Ruling House.
    GRC Book Review
Beyond Regionalism? Regional Cooperation, Regionalism and Regionalization in the Middle East
India, GCC and the Global Energy Regime: Exploring Interdependence and Outlook for Collaboration.
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
Asia-Gulf Economic Relations in the 21st Century: The Local to Global Transformation
Assessment of the Security Situation in Iran, Iraq, Yemen, Syria and the Arab Gulf States
China in the Eyes of the Saudi Media
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
Go
      
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:4  |   51-- 55 Middle Page :0  --   | Right : 55 - 55--en--sess-enreq-en-coming