Cabinet approved the recommendations of the Iraqi dinar exchange…
Cabinet approved the recommendations of the Iraqi dinar exchange rate after the dismissal of Shabibi
BAGHDAD / obelisk: Iraq’s Council of Ministers approved, on Tuesday, the recommendations of the Commission study the fluctuation of the exchange rate of the Iraqi dinar, which provides coordination, consultation and exchange of information in conjunction with the dismissal of the governor of the central bank.
He said Iraqi government spokesman Ali al-Dabbagh and got “obelisk”, a copy of which, “The Council of Ministers held its 45-normal Prime Minister Nuri al-Maliki and the presence of all ministers, approved the recommendations of the study fluctuation Iraqi dinar exchange rate of coordination, consultation and exchange of information between the Central Bank of Iraq and the Council Ministers on fiscal and monetary policies and in accordance with the Constitution. “
Dabbagh said, “The Council decided to give banks a greater role for banks to organize the exchange rate of the Iraqi dinar, through a mechanism to prevent the use of funds for purposes other than the declared, along with building the full administration of the Office of money laundering and combating the financing of terrorism.”
The Iraqi government spokesman said the Cabinet stressed “taking proposals bank into consideration on the formation of the money laundering and the formation of a committee headed by the BSA and the membership of the ministries of interior, finance, trade and Iraqi Central Bank and the General Secretariat of the Council of Ministers shall audit and review processes sell the currency for the purpose of locating bugs” .
According to Skinner committed the Council of Ministers “Central Bank to provide a quarterly report on its supervision on the banking companies authorized external switch, with an emphasis on the oversight role of the Supreme Audit scrutiny currency sale transactions to customers and goods entering the result.”
The Cabinet decided today, Tuesday, dismissing Iraqi Central Bank Governor Sinan al-Shabibi and the prime BSA Abdul Basit Turki proxy instead of him, said media adviser to Prime Minister Ali al-Moussawi that the decision is valid until further notice.
The regulatory source revealed to the obelisk for the issuance of an arrest warrant against al-Shabibi, Haitham al-Jubouri said a member of the Knesset Finance Committee that investigated suspicions of corruption in the operations of the Central Bank of Iraq and the auction, the issuance of the note right Shabibi and two of his advisers and employees rank of director general.