Dilution scandal and the transfer of funds to the Finance Committee Deputy: Parliament is hosting the central bank officials this week

Dilution scandal and the transfer of funds to the Finance Committee Deputy: Parliament is hosting the central bank officials this week
2018/12/03 8:02 am

A member of the Finance Committee in the House of Representatives Jamal Couger, the determination of the House of Representatives to investigate three files related to the Central Bank of Iraq, and hosting officials on this basis, indicating that one of these files is the seven billion dinars, which sunk because of rain.


He said in a press statement that the Presidency of the House of Representatives commissioned our committee to follow up the drowning and waste of funds in the Rafidain Bank and funds allocated to the building of the new Central Bank.


He added: At the beginning there were intentions to the presidency of the parliament by adding three members of the committees of legal and impartiality to the Committee formed members of the Finance Committee parliamentary to investigate the files of the Central Bank, pointing out that the Presidency of the Parliament finally reached a complete conviction to refer the file fully to the Finance Committee parliamentary.



The member of the Finance Committee that the Committee will next Wednesday to distribute its members on three subcommittees will be the first task to search for funds allocated to the building of the Central Bank, and the second dedicated to investigate the sinking of seven billion dinars, while the third will be charged with opening a comprehensive investigation on the sale of the auction currency.


The Kurdish MP pointed out that the number of members of each of these sub-committees ranging from six to seven deputies will be set timetables to host officials and administrators of the Central Bank to reach the truths.


He added: Sub-committees will at the beginning of its work to collect documents and documents on all files related to the investigation to reach real tangible results of the loss and drowning of money and corruption in the auction currency and the amounts allocated to the building of the Central Bank.


He explained: There are documents owned by some of the deputies will receive the three sub-committees have to do with the investigations that will be conducted with the management of the Central Bank, stressing that each of these three files has its own privacy.


On the file of the building of the Central Bank, the Kurdish MP shows that some believe that the allocated funds exaggerated significantly, although it is a building designed according to international accounts and controls may be one of the demands of the bank and international criticism, calling for not to rush to take decisions against the Central Bank before confirming the validity Information and data available.


But he also saw that one of the most important files to be raised within the parliamentary finance committee to investigate the central bank is the sale of the currency and its major corruption.


However, there are deputies talked about the existence of large corruption operations taking place during the sale auction of currency with the involvement of banks and figures accused of money laundering, stressing that these three committees need two weeks to complete their final investigations.


The member of the Finance Committee: Among the things we will discuss in the investigation of the amounts allocated to the building of the Central Bank is the conditions and controls of the bank and international criticism, wondering: Are the funds of this project dedicated to the borrowing process carried out by the IMF and the World Bank? He added: We are looking for answers to these questions from officials of the Federal Reserve to inform us all these details before writing the final report, stressing that his committee does not know the detailed details of the building of the new central bank.




https://www.almuraqeb-aliraqi.org/2018/12/03/121898/