Council of Ministers form a committee to audit the information received from the Trade Bank of Iraq

Council of Ministers form a committee to audit the information received from the Trade Bank of Iraq

Tuesday, August 14 / August 2012 16:15

[Baghdad – where]

Council of Ministers decided at its thirty-sixth held on Tuesday to form a committee to audit the information received from the Iraqi Trade Bank.

A spokesman for the government of Ali al-Dabbagh in a press statement received by all of Iraq [where] a copy of it today that “the Council “decided to form a committee headed by the President of the Office of Financial Supervision and the membership of representatives of the Central Bank and the Secretariat and the Ministries of Finance and Trade to check the information received from the Bank of Iraq Trade and reservation benefits Almovin borrowers of their obligations to the bank and demand of ministries audited the bank in 2005 and so far negatively or positively and non-submission of requests to open the LC with JP Morqan in London. ”

He added that he “was approved to authorize the Minister on the validity of transfers between the annual allocations of projects that do not entail the development of a new project and within the total project costs in the event exceeded annual allocations for projects by Managil”

Ali al-Dabbagh said “the Council of Ministers also decided that the holiday Eid al-Fitr as of next Sunday, Aug. 19 current and up on Thursday 23 of this month. ”

He said “The Council also decided to resume always on Sunday 26 of this month.” Ended
Source: alliraqnews