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View Full Version : On the grounds of Cork. Appointment of a receiver revenues Zain Iraq



Hue Mi
04-20-2014, 06:25 PM
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2014-04-20 19: 28

On the grounds of Cork. Appointment of a receiver revenues Zain Iraq (http://www.almasalah.com/ar/news/28832/%D8%A8%D8%AF%D8%B9%D9%88%D9%89-%D9%85%D9%86-%D9%83%D9%88%D8%B1%D9%83--%D8%AA%D8%B9%D9%8A%D9%8A%D9%86-%D8%AD%D8%A7%D8%B1%D8%B3-%D9%82%D8%B6%D8%A7%D8%A6%D9%8A-%D8%B9%D9%84%D9%89)

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Cork co. sued the company lastwahzeha for subscribers of iraqna

Baghdad/Obelisk said the appointment of a receiver, "Zain Iraq" the deposit of revenues relating to subscriber base who moved to the company after the acquisition of iraqna company "at a bank in Iraq pending a lawsuit filed against it by" Cork ".

The company korek in August last proceedings before Iraqi courts against both the Iraq "and" Iraqi communications and Media Commission, claiming that both sides causing casualties as a result of the acquisition of Zain Iraq "acts" iraqna mobile "in 2007.

Called the "Iraq" in the amount of $4.5 billion, from $1 billion, Zain Iraq interdependence.

But the mobile telecommunications company (Zain) said in a statement that "during the month of August last year, the telecommunications company operating in Iraq (Cork) in proceedings before the Iraqi courts against both the Iraqi communications and Media Commission and Zain Iraq, claiming, inter alia, alleged that the Commission and Iraq caused by the loss of the claimant as a result of the acquisition of Zain's Iraq work of iraqna mobile during 2007, the claimant alleged that as a result, losses amounted to $4.5 billion dollars claimed by Zain Iraq, and $1.0 billion dollars demanded by the Commission and Iraq in solidarity."

The statement said the company sued the Prosecutor focused on alleged body and Zain Iraq denied claimant of the opportunity to acquire iraqna and its customers in Iraq, which missed the opportunity, as the company claimed the Prosecutor-revenue and profit through."

"Despite the magnitude of the damages claimed by the plaintiff company, Zain Group and Zain Iraq considers that the claim made by the plaintiff company, malicious and baseless and are based on assumptions and illusions in the minds of the plaintiff company, and this is precisely what causes Group Zain to wait before disclosure of the suit until the Group was able to clarify the position and the views of concerned".

She presented her defense case "claimant filed an urgent application to the Court in Iraq by appointing a receiver shall maintain revenues of Zain Iraq related subscriber base who moved to the company after the acquisition of iraqna, and deposit the proceeds in a bank in Iraq pending the hearing of the applicant company from the Iraqi judiciary, an Iraqi Court had with end of January 2014 to decide on urgent demand responds to the request and have challenged Zain Iraq resolution but the Iraqi appeals court rejected this appeal thus became the final set the receiver until the completion of the proceedings."