Parliament form a new committee to investigate the implications of the central bank
Parliament form a new committee to investigate the implications of the central bank
06/11/2012
Palm – announced the House of Representatives, Tuesday, for the formation of a new committee to investigate the implications of the central bank, indicating that it will host the Director General of Taxation and Customs officials Gazette economic and central bank to discuss the issue. said decision of Parliament Mohammed al-Khalidi in an interview media that the House of Representatives decided, during its 30- held today, forming a parliamentary committee a new investigation into the implications of the Iraqi Central Bank, indicating that it is composed of Finance Committee Chairman Haider al-Abadi and economic committee chairman Ahmed al-Alwani and Central Bank Governor agency Abdel Basset Turki, which under the direct supervision of the Presidency of the Parliament. added Khalidi, the Commission will host Director General of Taxation and Customs officials Gazette economic and central bank, pointing out that it will auction the former, especially after fluctuating dollar rates in the previous period. confirmed Khalidi that the Committee which was formed earlier in the BSA to audit all transactions prior to the auctions the central bank will raise its report to this new committee . and Iraqi Council of Representatives held, in Tuesday (November 6, 2012), its the 30 of the first legislative term of the year legislative third headed the First Deputy Speaker of Parliament Qusay al-Suhail and the presence of 217 deputies, with parliamentary source that the meeting will first and second readings of six draft laws as well as discuss policy CBI. and Prime Minister Nuri al-Maliki, on Monday (November 5, 2012), The warheads big fall issue of the Central Bank, while between the presence Shabibi in the bank is wrong to expiration appointed governor, said he was not acting funds Iraqi, but had no information on the size or the location of the deposit. regarded as bank governor issued an arrest warrant Shabibi, Tuesday, accusing al-Maliki “is not accurate”, and invited him to detect those files, and that the order appointed bank official issued since 2003 . referred to the Supreme Judicial Council confirmed, in (19 last October), 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 regulator that judiciary issued an arrest warrant for al-Shabibi corruption charges, pointing out that he escaped out of the country after the issuance of the note, with the bank denied the news, saying that the governor was involved in an annual conference in Tokyo and will return to Baghdad. and Iraq’s cabinet decided, in (16 October 2012) , the prime BSA Abdul Basit Turki tasks central bank governor and agency. has already revealed House Speaker Osama Najafi, in (7 October 2012), a few days ago to exempt bank governor Sinan al-Shabibi from office, for a suspicion of corruption in the Bank’s work CBI, while noting that the Council proceeded to achieve “depth” in the policy of the central bank since 2003, vowed to pursue the investigation “personally” to the importance of the issue. 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 which 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 to regulate the banking sector to promote a competitive financial system and independently.
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