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Misappropriation Of Iraqi Resources

EDM number 1371 in 2005-06, proposed by Harry Cohen on 16/01/2006.

That this House notes the re-broadcast of Between Iraq and a Hard Place on More4 which gave evidence of the theft of Iraq resources since the 2003 invasion as one of the largest in the history of the world; further notes the key findings of the report Crude Designs: The Rip-Off of Iraq's Oil Wealth which states that at an oil price of $40 per barrel, Iraq stands to lose between $74 billion and $194 billion over the lifetime of the proposed contracts, from only the first 12 oilfields to be developed; further notes that these estimates, based on conservative assumptions, represent between two and seven times the current Iraqi government budget; and further notes that under the likely terms of the contracts, oil company rates of return from investing in Iraq would range from 42 per cent. to 162 per cent., far in excess of usual industry minimum target of around 12 per cent. return on investment.

This motion has been signed by a total of 34 MPs, 1 of these signatures have been withdrawn.

MPDateConstituencyPartyType
Harry Cohen16/01/2006Leyton and WansteadLabourProposed
Elfyn Llwyd17/01/2006Meirionnydd Nant ConwyPlaid CymruSeconded
Angus MacNeil17/01/2006Na h-Eileanan an IarScottish National PartySeconded
Lynne Jones17/01/2006Birmingham, Selly OakLabourSeconded
Martin Caton17/01/2006GowerLabourSeconded
Mike Hancock17/01/2006Portsmouth SouthLiberal DemocratSeconded
Kelvin Hopkins17/01/2006Luton NorthLabourSigned
Jeremy Corbyn17/01/2006Islington NorthLabourSigned
Ann Cryer17/01/2006KeighleyLabourSigned
Glenda Jackson18/01/2006Hampstead and HighgateLabourSigned
Rudi Vis18/01/2006Finchley and Golders GreenLabourSigned
Robert Wareing18/01/2006Liverpool, West DerbyLabourSigned
David Anderson18/01/2006BlaydonLabourSigned
Linda Riordan18/01/2006HalifaxLabourSigned
David Drew19/01/2006StroudLabourSigned
Paul Flynn19/01/2006Newport WestLabourSigned
Diane Abbott20/01/2006Hackney North and Stoke NewingtonLabourSigned
Mark Durkan20/01/2006FoyleSocial Democratic and Labour PartySigned
Marsha Singh20/01/2006Bradford WestLabourSigned
Bill Etherington23/01/2006Sunderland NorthLabourSigned
Brian Jenkins24/01/2006TamworthLabourSigned
Hywel Francis24/01/2006AberavonLabourSigned
John Hemming24/01/2006Birmingham, YardleyLiberal DemocratSigned
Paul Rowen24/01/2006RochdaleLiberal DemocratSigned
Nick Harvey25/01/2006North DevonLiberal DemocratSigned
Rob Marris25/01/2006Wolverhampton South WestLabourSigned
Michael Clapham26/01/2006Barnsley West and PenistoneLabourSigned
Roger Williams26/01/2006Brecon and RadnorshireLiberal DemocratSigned
John Leech26/01/2006Manchester, WithingtonLiberal DemocratSigned
Mark Williams31/01/2006CeredigionLiberal DemocratSigned
Hywel Williams02/02/2006CaernarfonPlaid CymruSigned
Alan Simpson07/02/2006Nottingham SouthLabourSigned
John McDonnell06/11/2006Hayes and HarlingtonLabourSigned
Peter LawUnknownWithdrawn

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