Financial demands parliamentary indictees Governor of the Central Bank to provide evidence

Financial demands parliamentary indictees Governor of the Central Bank to provide evidence

Demanded the Finance Committee in the Iraqi Council of Representatives, on Monday, central bank governor accusers to provide evidence, expressed his fear that these accusations are “targeted” politically Bank.

He said the Commission’s decision Ahmed electrodes in a press statement, “that” those who accuse the central bank governor Sinan al-Shabibi corruption by providing evidence and clarify openly and transparently to make sure there is corruption a real central bank and its affiliates, ” and expressed his fear that “these charges against bank governor Central targeted politically. “

The electrodes, a deputy for the Iraqi List, “the Finance Committee did not pray any evidence about the central bank governor accused of corruption,” likely “to be the target of such accusations is to influence the independence of the central bank.”

He was a member of the Committee investigative on the work of the Central Bank of Haitham al-Jubouri said, on Sunday, (14 October now) the issuance of arrest warrants and travel ban against Central Bank Governor Sinan al-Shabibi and officials at the bank, and is regarded as that raising this issue in the media big mistake, pointed out that the stay abroad will prove conservative corruption charges.

The number of media quoted, on Sunday (14 October 2012), regulatory sources as saying that the Iraqi judiciary issued an arrest warrant for Bank Governor Sinan al-Shabibi corruption charges, pointing out that Shabibi fled abroad after the issuance of the memorandum.

The bank denied, on Sunday, the news saying that the governor is currently involved in an annual conference in Tokyo and will return to Baghdad on Monday, (October 15, current).

The student member of the Committee on Economy and Investment parliamentary, on Sunday (14 October 2012), chairman of the parliament introduced the report of the fact-finding committee on the corrupted CBI files in a hearing on Monday, saying that the aim of this knowledge beneficiary of hide deals auctions buy the currency.

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

And Shabibi took office as Governor of the Central Bank of Iraq since 2003, the text 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), 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, vowed to pursue the investigation “personally” the importance of the issue.

Shabibi threatened, in the 12 of October now, raise issues in the competent courts on all sides by Chen distorted media campaign against the central bank.

The central bank held the Iraqi daily sessions for the sale and purchase of foreign Currencies with the participation of Iraqi banks, with the exception of public holidays in which the Bank stops for these auctions, and sales can be either in cash, or in the form of remittances sold abroad for a commission certain.

It is noteworthy that the pace of accusations escalated on smuggling currency that overshadowed selling prices dollar in local markets and led to increased exchange rate months ago, while deputies asked the need to take the initiative on the government to stop selling the currency in auctions the central bank, others stressed that Iraq is losing substantial funds by smuggled daily out of the border, despite the praise of many specialists in economic affairs on the positives of the auction to reduce inflation and to control the value of the Iraqi dinar.