Secrets and secrets to dismiss the central bank governor Sinan al-Shabibi

Secrets and secrets to dismiss the central bank governor Sinan al-Shabibi


Secrets and secrets to dismiss the central bank governor Sinan al-ShabibiPalm – raised the issue of the Supreme Judicial Council arrest warrant against former central bank governor Sinan al-Shabibi and a number of officials, resentment and fears of some of the political blocs and an orientation to restore the dominance of the executive branch to all the institutions of the state.

The council spokesman Abdul Sattar Bayraktar said that authorities had issued arrest warrants for former central bank governor Sinan al-Shabibi and some other officials “, without giving further details.

As revealed existing Iraqi provide Prime Minister Nuri al-Maliki, a request to House Speaker Osama Najafi allows trial Shabibi estranged from his position and the number of employees at the bank in accordance with Article 340, promised to speed in making the move as interference in the work of the legislature, and affect the Iraq policy of external economic task relations with the World Bank and other economic institutions.

But sources in Council pointed out that “the indictment and the dismissal of Shabibi question prepared in advance,” pointing out that “the executive power for more than a year and a half and is trying to subject the central bank to control and is a blatant interventions in the work.”

The sources said that “the issue is not corruption, but a political target and try to control the independent bodies and now has control of all of them and this warning scales the role of parliament and end and the beginning of initiating the state of one man and one person.”

She added that “all heads of independent bodies who refused to submit to the executive orders were subjected to a smear campaign, the president of the electoral commission Faraj al-Haidari and charged him 124, but the Court of Cassation acquitted because he is no longer in office and no longer a threat to anyone.” She pointed out that “the constitutional articles 102-108 provides for the independence of the independent bodies and supervisory role of the Parliament only, but the executive branch has frozen all the powers of Shabibi, including its potential not set any employee or sack corrupt general managers and therefore he does not bear responsibility.”

Despite government denials, in the words of a media adviser Ali al-Moussawi a political target Shabibi behind the sacking, but Waleed Mohammed al-Shabibi, a lawyer Shabibi also close, defended the innocence bank governor. He pointed out that “these charges were politically motivated. Vcbibi Sharif and unprofessional”, following that “the government plans to substitutes another administrator takes his orders from the government.”

He was a senior American official had met with al-Maliki and invited him to open a legal and transparent investigation in the case Shabibi, in reference to the possibility of a political target.

Moreover, it was revealed a parliamentary source is important for a message arrived from the UN warns of dire consequences if what has been direct government intervention and indirect in the affairs of the Central Bank, which is governed by its own law, which began in 2004 as reached similar letters from the American Embassy and institutions of transparency calls for non-interference the work of the government and central bank need to respect its own law and sovereignty at the national cash reserve.

It is worth mentioning that the central bank governor had contributed to raise the value of the Iraqi dinar from 1500 to 1180 and remained dinar conservative on its market value between 2007 until the end of 2010, in collaboration with the Ministry of Finance over the past years where characterized that period, the stability of the Iraqi dinar exchange rate and the absence of dollarization “in the event of a loss of confidence in the national currency are resorting to the dollar in trading “It Maadth institutions of transparency and the International Monetary accomplishment is important.

The Parliamentary that in the month of December last observed a significant increase in the demand for dollar sales where the end of 2010 did not exceed auction sales central 200 million dollars a day and then jumped in 2011 to a record of 500 million dollars a day, which confirms the existence laundering and smuggling money abroad, after the intensification of the embargo on Syria and Iran.

The source noted that the objection submitted by the political forces in the parliament on the decision to withdraw the hand-Shabibi need experts Nkadian charge of audit function and not investigated with the head of the central bank, which protects its own law and be held accountable in accordance with its law, which emphasizes the experience of the past ten years on respect for the law and lack of faith in the rag .

Parliamentary sources believe that targeting Shabibi is originally targeting the central bank and the balance of the Iraqi people of $ 70 billion and sacked the man generally a price for standing claims of some political parties in force in the recent approval of government and many times but he was always offset by the .. Rejected.

Shabibi was, before assuming the position of Governor of the Central Bank, has worked for more than two decades in the United Nations Conference on Trade and Development.

Shabibi said in introducing himself on the Iraqi Central Bank he served as Chairman of the Department of Coordination and Planning, Ministry of Planning, from 10 April 1977 until December 1980.

And has previously served as Chairman of the Department of Import and marketing oil ministry from May 1975 until March 1977. And the work of the United Nations Conference on Trade and Development (UNCTAD) from December 1990 until October 2001. Shabibi holds a doctorate in economics from the University of Bristol, England, in 1975.