Saleh casts doubt over corruption charges facing Iraqi Central Bank Governor

Complained the deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh ambiguity charges against bank governor Sinan al-Shabibi and some officials, which led to orders arrest, after being accused of causing volatility currency, stressing that Iraqi officials had not been identified if they want to go to a socialist economy or free.

The cabinet decided to replace the governor «Central» and the prime BSA Abdul Basit Turki carry out his duties, was considered by the parties to political interference by the government and beyond his constitutional powers. The head of the Parliamentary Integrity Committee Bahaa al-Araji said the issuance of an arrest warrant for al-Shabibi and a number of senior officials in the «Central» and other financial institutions, while the form of the parliament committee headed by First Deputy Speaker of Parliament Qusay al-Suhail has taken some actions that led to the issuance of arrest warrants.

Saleh said in a statement to «life» that «to refer the investigation to the Integrity Commission by the committee formed within the House of Representatives means that the Commission would take action, but so far we do not know what is there is no arrest warrant against any employee of the bank. He added: «sent to the Parliamentary Integrity Committee delegates them to the central administration and took full information about 29 employees. He pointed out that «the charges is one of the most prominent manifestations of transition in Iraq, and strange that all the important events that took place from the occupation and destruction of infrastructure, etc., does not mean anything to the official and all that is sought is accounting junior staff», pointing out that «accusing some lawmakers to us the existence of corruption in cash transfers abroad surprising, all laws adopted after 2003 is pushing for economic liberalization and preventing any form of restriction, and when we worked this principle accused that we of the instigators of smuggling money, and when we put controls and asked banks document certifying the cause of buying and turning them dollar accused we disagree with the Constitution and regulations of liberty, I greet you do not know what they want. He added: «in respect of the issue of foreign exchange, the currency auction customers submit their papers and their bills and we can not prevent them from buying any amount, they are buying on behalf of merchants and owners of capital.

On the accusation of deliberately Bank creating spreads between prices of the dollar within the auction market exploited by some banks, he said: «hit the market to attack the request of currency reached $ 500 million, mostly from Iraqis and we can not reject them, if Jhznahm currency accused us that we are funding Iran, which suffers from siege The rejection sales accused us to create a price difference, we do not know what to do.

Saleh stressed that «the Iraqi market is quite fierce and devouring any block in cash, and months before the fluctuating value of the dinar and made efforts to control it and return it to redress, but instead reward face charges. Regarding the presence of information indicating that the cause of the attack on the «Central» is to pressure him and force him to allow withdrawals from the balance cover currency, which exceeded more than $ 65 billion placed in foreign banks, he said: This needs to change the law of the Central, we do not reject the withdrawal of cover currency, but the law refuses, if غيروه it will be within the laws and no one objected.

And confirmed a member of the Economic Committee and investment in Parliament Nora Salem البجاري that «all of Representatives in favor of corrupt and negligent accounting, but we are against the charges through the media and try to exclude qualified people from office and give it to the leaders close to this or that party. She added that she learned that behind this case is politically motivated, but hoped to end the investigation and show whether the governor deserves accounting or not.

It pointed out that «the timing topic is very serious because we are in the process of issuing invitations to invest and start projects re infrastructure, and the accusation sends messages serious investors not to deal with Iraq, and create a kind of mistrust its laws, especially the Central represents interface country’s monetary in the world». She described the decision to appoint a new governor by the Council of Ministers exceeded the powers that the law «Central» make a separate body from the executive branch and the House of Representatives has the right to control it.

To economics expert said Haider Hussain Daoud «This measure would create a crisis in the market because the price of the dinar would fall heavily influenced by statements against CBE officials. The expert Majid picture, he said: «supposed to achieve with companies and banks, or with members of the Central, but this does not mean that accuses the entire organization.

The member of the Committee of Economy and Investment parliamentary Abdul Abbas estrus that «the House of Representatives formed a committee to investigate the charges against the Central … Held several meetings with the Board of Directors of the bank, and handled professionally from the information supplied, and recorded a defect in the bank produced fluctuations in currency rates, which would leave it up to spend.