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BAGHDAD / With: Commission confirmed the economy and investment parliamentary committee will not tolerate what happened in the currency auction

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BAGHDAD / With: Commission confirmed the economy and investment  parliamentary committee will not tolerate what happened in the currency  auction  Empty BAGHDAD / With: Commission confirmed the economy and investment parliamentary committee will not tolerate what happened in the currency auction

Post  Admin Tue Oct 16, 2012 1:55 pm




Said Abdul-Abbas estrus member of the Committee on the economy and
investment in an interview with the News Agency correspondent future
Tuesday that "the House of Representatives has formed an investigative
committee on charges that the central bank is composed of the Chairman
of the Committee of Economy and Investment and Chairman of the Finance
Committee and the First Deputy Speaker of Parliament and the BSA."

He estrus that the Commission Althakikh held several meetings the board
of the central bank governor and his deputy and members of the bank and
other employees after receiving a lot of information to the Committee
on the auction, which saw a preference for some banks at the expense of
another afternoon of fraud is evident in the creation of a difference at
the dinar exchange between the official price and trade, indicating The
committee made the decision to hold the central bank governor after the
concerned subject and interviewed after the evidence provided to the
judiciary.

Estrus noted that the investigation committee was balanced and handled
professionally and figures through information received from the House
of Representatives and others and recorded and there was something wrong
with the bank produced this case, noting that the Commission will leave
it to the judiciary.

He estrus that there are documents submitted to the Commission in
charge of investigating notably is that the amounts spent on light
remittances that come to buy certain goods but bills and fake millions
of dollars without importing goods and was on the central bank that does
not distract money for bills and fake or develop a mechanism for
exchange and it was better to bank request that the ratification of the
bill from the concerned authority and the failure to pay any amounts to
be approved invoices.

And accused the Iraqi List led by Iyad Allawi (14 October 2012) some
political forces "trying Nile" the independence of the Central Bank of
Iraq, saying that the independence of the Bank are necessary to maintain
the exchange rate of the dinar and the protection of the currency and
prevent inflation in government held responsible for investigating money
laundering and detection for beneficiaries.

And Shabibi took office as Governor of the Central Bank of Iraq since
2003 and letter of the decision of the Federal Court by linking
independent bodies of the Secretariat of the Council of Ministers and
not the parliament.

The head of the House of Representatives Osama Najafi revealed in (7
October 2012) about the existence of suspicion of corruption in the work
of the Iraqi Central Bank, while noting that the Council proceeded to
achieve "depth" in the policy of the Central Bank since 2003 and vowed
to pursue the investigation of the importance of the issue.
Finished / Marwan Shuwaili


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