Member of the Committee of Economics: there is no evidence to convict Al-Shabibi and his Deputy of corruption and money laundering
Baghdad (newsletter) … Member of the Committee for economy and investment Deputy/Iraqi/coalition Qusay Juma Abadi, failure of the investigative Board to issue the Central Bank for evidence of conviction of former Central Bank Governor and his Deputy in corruption and money-laundering, skewering the Central interim management that its Chairman is two operational control and at the same time.
And she said (to news News Agency): the legal acts of the Central Bank was a major reason for the violations that occurred in the recent central work of the Central Bank Act allowed all people to convert their money abroad without restrictions and controls.
He continued: what to make of the former Department of the Central Bank left the door open for entrepreneurs and businesses to convert their money without issuing administrative decisions in certain disciplines require conversion.
He added that the Central Bank Governor and his Deputy were among the major financial figures in the country, and financial and economic expertise and international relations, so that they can deal with inflation and contributed to the stability of the exchange rate of the Iraqi dinar against the dollar thanks to their experience, involvement with charges of corruption and money laundering.
And between: the Central Bank Management gadida (temporary) chaired by the President of the Office of financial supervision, and is a member of the investigative Board to issue the Central Bank, asking that the regulatory hand how sets the Governor of the Central Bank.
The Cabinet voted at its usual Tuesday (16 October 2012), the head of the Office of financial supervision of Abdel Basset Turki managed the post of Governor of the Central Bank.
And a number of media, (October 14, 2012), regulatory sources said Iraqi courts issued an arrest warrant against Bank Governor Sinan Al-Shabibi and appearance of Muhammad Salih on charges of corruption, noting that Al-Shabibi fled out of the country after the issuance of the memorandum, while the benefit was stopped in prison.