Financial hosts Governor of the Central Parliamentary soon because of the “Warka”
Friday, March 16, 2012 09:07
BAGHDAD / Baghdadiya News / .. source revealed the intention of Parliament House to host the Governor of Central Bank of Iraq against the backdrop of the recent decision to impose custody of the Warka Bank.
A member of the Finance Committee in the House of Representatives Secretary Hadi’s / Baghdadiya News / “will host the Central Bank Governor Sinan Shabibi as a first step to know the dimensions of the subject and style of the Bank in dealing with him.”
Hadi said, “We as a Council deputies are keen to protect depositors’ money in the bank and we have received complaints on the subject,” adding that “the central bank is responsible for the bank to central bank intervention that was legal to protect the capital.”
And Hadi that “the crisis began two years ago when the start of the Warka Bank lags in the payment of letters of guarantee-oriented ministries, prompting the government to withdraw their deposits quickly to continue the developments and measures up to the recent decision of the Central Bank,” which impose custody of Warka. / Finished / 26 /