Point a system on a diwani order

Samir al-Nasiri

Recently issued a decree to appoint a general inspector in the Central Bank of Iraq and a review and reading of the Central Bank Law No. 56 of 2004 in Article 2 (legal status and independence) and paragraph 2 of it clearly stipulates that (the Central Bank enjoys independence in its endeavors in order to achieve its objectives and implementation The Central Bank shall not receive any instructions from any person or entity, including government agencies, except as otherwise provided in this Law.


In addition, the Central Bank is subject to the control and questions of the Iraqi Council of Representatives in all its activities and accounts are subject to the Office of Financial Supervision and an international audit company.


It should be noted that banks in all countries of the world are sovereign and independent institutions operating in accordance with their laws to achieve specific and clear objectives involving all banks, which is clearly referred to in Law 56 of 2004.


I believe that the issuer of the Diwani order should consult with legal and financial advisors before appointing a general inspector at the Central Bank, as this may be considered as an interference with the independence of the bank and its functions and gives a negative indication to the international banking and financial institutions, which the bank has exerted great efforts in restoring its bilateral financial and banking transactions with it.


As a citizen, I am a constitutional right in a democratic system that guarantees me to discuss government decisions with general effect. I record a point of order on the Diwaniyyah order, stressing the independence of the Central Bank, which is contained in more than one article of the law in force that regulates the functions and duties of the Central Bank.


I call on the Prime Minister to reconsider the Diwani order as far as the Central Bank is concerned and does not affect our national economy and the independence of monetary policy and privacy.




http://economy-news.net/content.php?id=17459

Parliamentary Finance: Appointment of an inspector of the Central Bank in violation of its independence and violation of its law


Economy News _ Baghdad


The parliamentary Finance Committee, on Friday, surprised by the "great" appointment of an inspector of the Central Bank of Iraq, usually violated his independence and exceeded the law.

The Chairman of the Committee MP Haitham al-Jubouri, in a statement received by "Economy News" a copy of it, that the Finance Committee shows great surprise at the deliberate Iraqi government breach of the independence of the Central Bank and insist on interfering in its policy and management, in violation of the text of Article 2 of the Central Bank Law, which stipulated Not to allow any person or government to interfere with the work of the bank or its monetary policy and subject it to the control of the House of Representatives only.

He added: We remind the government that this position was previously in the Central Bank and was canceled in 2008 because of its conflict with the law of the bank in force.

He called for the immediate cessation of this step, warning of its external repercussions and its negative repercussions on international agreements and assessments.




http://economy-news.net/content.php?id=17460

Parliamentary Finance: Appointment of an inspector of the Central Bank in violation of its independence and violation of its law

2019-08-09 | 04:06

The parliamentary Finance Committee, on Friday, surprised by the "great" appointment of an inspector of the Central Bank of Iraq, usually violated his independence and exceeded the law.
The Chairman of the Committee MP Haitham al-Jubouri, in a statement received by Alsumaria News, a copy of it, that the Finance Committee expresses great surprise at the deliberate Iraqi government breach of the independence of the Central Bank and insist on interfering in its policy and management, in violation of the text of Article 2 of the Central Bank Law, which stipulated that Allow the intervention of any person or the government of the work of the bank or monetary policy and subjected to the control of the House of Representatives only.

He added: We remind the government that this position was previously in the Central Bank and was canceled in 2008 because of its conflict with the law of the bank in force.
He called for the immediate cessation of this step, warning of its external repercussions and its negative repercussions on international agreements and assessments.


A document issued by the Presidency of the Government, recently, a court order to create the offices of general inspectors in the Central Bank of Iraq and the Investment Commission and the Electoral Commission and the Human Rights Commission and the Iraqi Bank for Trade and the Popular Mobilization and the National Security Agency.

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Member of Parliamentary Integrity: The timing of the issuance of the letter of appointment of general inspectors raises doubts

2019-08-09 | 06:09

A member of the Parliamentary Integrity Committee said on Friday that the timing of issuing a letter to create the offices of public inspectors in bodies and banks with the recess of parliament is a time of doubt, pointing out that there are clear irregularities on this decision.
Sabah al-Talubi al-Okaili said in an interview with Alsumaria News, "We have seen the publication of the assignment of inspectors general in the bodies and banks, in addition to the assignment of former more than five years in their posts," noting that "there are clear irregularities on this decision, including the mandate of the inspectors "For another five years, the parliamentary majority must be approved by the law of general inspectors."

"The other violation is the presence of seven new bodies where inspectors will lead to sagging government, and the formation of new departments in the hundreds if not thousands," he said, wondering what is the need to expand the number of inspectors in light of the similarities of departments and bodies such as the Central Bank and Commercial Bank, Alice It is possible to reduce it as it was with one inspector and provided the supervision of the financial inspector or any other side with the expansion of the number of investigators if there is a backlog in the preparation of complaints and the large number of files as they claim. "



He continued, "It was not the first to solve the problem of amending the law of general inspectors before increasing the numbers," pointing out that "surprisingly, we find in one of the ministries files of integrity raised to 26 files in six months, all files are not raised only with the approval of the minister does this need To expand inspectors or to legalize the number.

"In the Commission of Integrity, we have submitted books since June 29 to inspectors asking them to prepare the cases and those who are in the hands of the investigation. We have not received the results of most of them," he said.

A document issued by the Presidency of the Government, (Thursday), a court order to create the offices of general inspectors in the Central Bank of Iraq and the Investment Commission and the Electoral Commission and the Human Rights Commission and the Iraqi Trade Bank and the Popular Mobilization and the National Security Agency.

http://www.alsumaria.tv/news/81728/ط£ط±ط¨ط¹ط-ظ‚طھظ„ظ‰-ظˆ12-ط¬ط±ظٹط­ط§-ظپظٹ-ط­ط