Drop the charges and cancel the arrest warrant for Iraqi Central Bank Governor Sinan al-Shabibi

Drop the charges and cancel the arrest warrant for Iraqi Central Bank Governor Sinan al-Shabibi


Central Bank of Iraq Governor ShabibiPalm – The Iraqi Central Bank Governor Sinan al-Shabibi issued an arrest warrant, on Wednesday, he heard it was dropping the charges against him, pointing out he was waiting for formal notification in order to return to Iraq.

Shabibi said who is outside Iraq in a media interview that he heard the decision to drop the charges against him, but did not reach an official letter to resolution so far, “noting that it” can not return to Iraq until it is formally notified.

Shabibi said that he “will return if notified,” stressing the need to drop the charges for Bank staff and employees because they staff أنزه, as he put it.

Prime Minister Nuri al-Maliki said, (November 5, 2012), The warheads big fall issue of the central bank, while stressing that the presence of Shabibi in the bank is wrong to expiration appointed governor, pointed out that he is not acting funds Iraqi, but had no information on size or the location of the deposit.

It is noteworthy that the Supreme Judicial Council confirmed, in (19 October 2012), the issuance of an arrest warrant against the central bank governor and a number of officials in corruption cases, after the media quoted a local, in (14 October 2012), sources control the judiciary issued an arrest warrant for al-Shabibi corruption charges, pointing out that he escaped out of the country after the issuance of the memorandum, the bank denied the news, saying that the governor is currently involved in an annual conference in Tokyo and will return to Baghdad.

It is noteworthy that the Iraqi Central Bank was established under the law issued on the sixth of March of the year 2004, as an independent body and is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as regulate the banking sector to promote system competitive and financial independent.