Sunday, August 26, 2012

Finance Committee government is trying to undermine the independence of the Central Bank

26/08/2012

Finance Committee: the government is trying to undermine the independence of the Central Bank


BAGHDAD / JD / .. Parliamentary Finance Committee unveiled the government's attempts to undermine the independence of the central bank.
He said the Commission's decision Iraqi List MP Ahmed electrodes / JD /: "The numerous attempts by the government is seeking to undermine the independence of the central bank." (To him).
The electrodes did not reveal what attempts by the government to control the central bank.
The government has denied seeking to link the bank .. The Secretary General of the Council on the Keywords in an earlier statement that "the Iraqi government did not ask for linking the central bank council or even trying to weaken its independence."
The head of the Iraqi Council of Representatives Osama Nujaifi stressed the need for non-subordination of the bank to the government, so as to prevent the seizure of Iraq's money or the implementation of international judgments issued against him by the creditors.
The parliamentary Finance Committee has warned of the danger of attempts on Iraq reserves of $ 64 billion.
The Nujaifi sent a letter to al-Maliki, after the authorization granted by the Federal Court for the owners control over independent institutions and personal attached to his office, asking him not to interfere in matters of the central bank and the statement of the functions and duties of this bank, which is one of the independent institutions.
The House of Representatives revealed his conception of the documents and recordings of well-known politicians likely involved money laundering and deposited in the banks of some of Iraq's neighboring countries.
The Finance Committee was held in the Iraqi parliament held a press conference a few weeks ago, made the involvement of (5-6) political figures with money laundering.
In a statement to a member of the Finance Committee parliamentary deputy state law Haitham al-Jubouri / JD /: The committee concluded documents and recordings of a number of politicians accused of money laundering and deposited in banks neighboring Albuldna ".
Jubouri said that "politicians involved money laundering operations have deposited large sums of money in the banks of the UAE, Jordan and Lebanon."
He believed not familiar with the central bank governor these breaches and mafia money laundering completed in collaboration with networks within the bank.
Jubouri revealed "for the formation of a committee of parliament soon, based on Article 103 II of the Iraqi Constitution, to uncover the truth of the names involved money laundering, Mtdarka: But there are still some doubts, you should make sure the archives and detailed information.
He suggested a member of the Finance Committee to parking big heads behind these mafias.
The Iraqi government has demanded that the Central Bank to slow down the process of printing currency and put it early in 2013, according to U.S. Bank officials.
The central bank is an independent body, founded in 1947 by a Royal Decree and was formerly called the National Bank of Iraq. / End / 11 n