Deputy: not entitled to parliamentary investigative committee issued an arrest warrant against the central bank governor and his .. And must reconsider its decision

10/17/2012

Baghdad (news) .. Criticized member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the Commission's decision investigative problem breaches the central bank issued an arrest warrant on the bank governor and his advisor, because it is not the prerogative of the work, but the competence of the judiciary, calling for reconsideration of its decision in order to preserve the reputation of the national economy to the States.
Bayati said (of the Agency news): The functions of the Committee's work investigative parliamentary problem is to check on the work of central bank auction and how to make the buying and selling of foreign currency in the event prove the existence of violations and corruption is assumed by the Commission to report to the Integrity Commission or the Council of the Iraqi judiciary to prove it , and continued: the final decision, however, remains the country's judiciary.

He added: that the decision of the Commission investigative issuing an arrest warrant on the central bank governor and his order is a professional, you should reconsider its decision to preserve the reputation of the national economy in front of international organizations such as the IMF and the World Bank, indicating that they were worried about what is happening in Iraq regarding the central bank.

He had issued a parliamentary investigative committee memorandum dumping arrested 18 employees of the central bank, including the central bank governor and his advisor, without reference to the relevant committee work of the bank.

It is noteworthy that the supervisory committee formed by the members of the parliamentary Finance Committee (Abdulhussain Yasiri, Ibrahim al-Mutlaq and Magda al-Tamimi) has announced the suspension of its membership in protest at the decision of the investigative right of the central bank. / End / 8. N. P /

 

Link

Sources in the Central Bank: Shabibi holds a document signed by al-Maliki to protect the corrupt!

Monday, October 15

Integrity Commission issued an arrest warrant for Iraqi Central Bank Governor Sinan al-Shabibi and sixteen other officials, including the deputy governor of the Central Bank the appearance of Mohammed Saleh.

Shabibi participate and benefit global conference in Tokyo, while banking sources revealed that "Shabibi submitted a letter to the Iraqi judiciary bears the signature of Prime Minister Nuri al-Maliki prevents the removal of corrupt from the central bank after proving involvement in money laundering."

While confirmed the Integrity Committee parliamentary access an arrest warrant against Central Bank Governor Sinan al-Shabibi, revealed parliamentary committee overseeing the central bank, said investigations proved the existence of sale of foreign currency to banks and corporations themselves and that has smuggled to neighboring countries, in a reference to Iran, which suffers of economic sanctions.

The source said a parliamentary early, preferred anonymity, "said central bank governor told the prime minister earlier in the need to keep the Director of money laundering, and the Director of the Legal Department, the Director of Banking Supervision, and the Director of the Economic Department for their involvement operations financial and administrative corruption and money laundering Iraq," pointing out that these officials affiliated to the party to which he belongs, prompting Prime Minister not to change them. "

He added that "Shabibi retains an official letter signed by Prime Minister Nuri al-Maliki ban deport these corrupt his posts despite ensure involvement operations corruption great," explaining that Maliki knew bank governor that change or exclude any person from office is not a prerogative of the Governor of the Bank Center, but jurisdiction of the Prime Minister.

And that "there are divisions within the Commission Parliamentary Integrity regarding circulating the arrest warrant against al-Shabibi, where he sees some of its members that targeting political offensive some blocks on the competencies while others go out there that compromised financial action the central bank must know those involved and hold them accountable."

The Integrity Commission's decision came after the Iraqi parliament rejected the decision of Prime Minister Nuri al-Maliki to inflict independent bodies, including the Central Bank of the premiership contrary to the constitution.

Sources in the central bank said the decision came in response to decisions taken by the central bank to prevent the dollar smuggling from Iraq to Iran, which suffer from the sanctions. The sources said that the central bank strongly opposed proposals credit-Maliki Iraqi currency reserves of $ 65 billion because it leads to a deterioration of the exchange rate of the Iraqi dinar.

The sources, who asked not to be named, said the large Iraqi currency reserves which was completed under the administration Shabibi still under the eyes of devices Tamah and corrupt administrations used to reach out to public money. And rejected the CBI proceedings by the Integrity Commission said it gross interference from the executive branch of the independence of the central bank. The bank officials said that the decision to serious repercussions and was due to bank governor refused to submit the instructions of the executive branch. On the other hand, judicial sources said that the decision was not complete and was based on the report of the investigative committee headed by deputy speaker of parliament Qusay al-Suhail and included members of the majority coalition of state law without the completion of investigative procedures routine also requires procedures natural and resulted in the issuance of warrants of integrity based on the report of the Committee .

Traders warned the market affected by the value of the Iraqi dinar with these procedures, calling it the most dangerous on the money market in Iraq. And Shabibi is now in Tokyo where he was attending a conference banker at the head of the Iraqi delegation and described is deputy appearance for they of the most important figures banking in Iraq and Ihzian respected circles monetary and banking in Iraq The list includes 16 officials from the Central Bank, including Director General of the lower grades.

Link

Urgent .. Talabani: statements glorious invitation to war against Barzani

Monday, October 15

Twilight News / counting of President Jalal Talabani, on Monday, Deputy statements about the rule of law against the President of the Kurdistan region, "stray" and a call to war against Massoud Barzani.

A statement from the presidential office reportedly for "Twilight News", "at a time when busy when Jalal Talabani to create a friendly atmosphere for the normalization of relations and comfort her among Iraqi political forces overlooks we Yassin Majeed provocative statements seriously smell the aroma of the call to war against President Massoud Barzani."

And that Barzani "now busy writing a large Kurdish delegation to resume the dialogue with the National Alliance, as well as other powers to resolve the Iraqi crisis tactics constitutional and in accordance with previous agreements signed by everyone."

The statement pointed out that "Talabani expresses outrage of such statements reckless violation of the spirit of national unity and obtrusive for the endeavors and efforts to resolve outstanding problems faced by the people and the nation," and urged the National Alliance "to put an end her and forcing its members to respect the requirements of national dialogue."

Yassin Majid was a former media adviser to Prime Minister Nuri al-Maliki, has been accused in the press conference the President of Kurdistan, Massoud Barzani that "a real danger to Iraq's economy and national security" was described as "some political forces in the forefront of the Iraqi walk behind Barzani."

With the exception of the Kurdistan Alliance conference Monday, Kurdistan Region President Massoud Barzani, "a thorn in the eyes of dictatorships" and "dangerous" on the thieves of public money, and wants to build a new dictatorship and army not يوالي home, describing remarks MP Yassin Majeed against Barzani justifications for "failure "The government is in the security file and poor services.

Link

Abdulhussain Yasiri: the situation in Iraq under the name of "positive gap" of the economy by the World Bank evidence of the growth of the national economy

  15/10/2012

 

Baghdad (news) .. According to a member of the Finance Committee MP / National Alliance / Hussain Yasiri, the situation in Iraq under the pretext of "gap positive for the economy" by the Bank and the IMF in the Tokyo guide the growth of the national economy and its recovery during the recent period, calling to take advantage of this assessment in the activation other economic sectors.
Yasiri said (of the Agency news) on Monday: There are indications that the national economy began to recover and recover two years ago, but growth is still weak because of its reliance on oil and by (95%).

He pointed out: that the last government directed towards restructuring the banking sector and the agricultural initiative and now in the process of launching the initiative industrial and give a big role for the private sector will give an indication of future growth and development of the economy.

He added: that the evaluation of the World Bank and the International Monetary Fund of the national economy and putting it under the name of "positive gap" evidence that the economy began to grow and thrive, the stakeholders must take advantage of this international assessment in activating other economic sectors to diversify the national income. He had announced Central Bank Governor Sinan Shabibi while attending a meeting of the World Bank in Tokyo that the IMF and the World Bank agreed to put Iraq under the name of "positive gap" of the economy during the discussions Society program two institutions held in the Japanese capital Tokyo.

Said: the two world wars called for Iraq to do more to attract foreign investors and global capital to work in Iraq and not continue to rely on oil as a resource basis of the national economy. / End / 8. N. P /

 

Link

Source for "news": Allawi, Barzani will meet tomorrow for two to consolidate the position of the current crisis

 14/10/2012

Baghdad (news) .. A source in the office of the leader of the coalition in Iraq, Iyad Allawi, and that the latter will meet the President of Kurdistan, Massoud Barzani in Arbil on Monday to unify the position of the current crisis.
The source (of the Agency news): The Allawi will travel Monday with a delegation from the coalition in Iraq to Kurdistan to meet with President Barzani, will explore the latest developments in the current crisis and what took place between Allawi and Talabani, and between Barzani and Talabani Elsewhere in recent meetings, referring to Allawi and Barzani are seeking to unify the position on the final decision of sitting at the same table with Prime Minister Nuri al-Maliki.

He continued: Allawi and Barzani final stance on not to attend any meeting called by President Talabani did not execute the terms of the Erbil agreement fully and give all agreed benefits and the basis of the elections and stop the traffic situation towards uniqueness Bmossat State all. / End / 4. N. P 

 

Link

Vice Kordstani: national meeting to be held next month .. and President Talabani will meet Maliki and Nujaifi upon his return to Baghdad

 14/10/2012

Baghdad (news) .. expect MP / coalition of Kurdish blocs / Burhan Mohammed Faraj, to hold a national meeting at the beginning of next month, he said, adding that the president seeks to bring the views before the national meeting of the magnitude of the differences.
Faraj said in a statement (of the Agency news): The President Jalal Talabani seeks to bring the views of all the political blocs and listen to their opinions in order to prepare a paper containing all the demands of the political blocs.

He added: that the outstanding problems between the major political parties to President Talabani doing his utmost to search for appropriate solutions to satisfy all parties, he said, adding that Talabani will meet Prime Minister Nuri al-Maliki and parliament speaker Osama Nujaifi on his return to Baghdad.

MP predicted a coalition of Kurdish blocs: to hold a national meeting early next month.

And the complexity of the parties of the political process, great hopes on the return of President Jalal Talabani in Baghdad after a trip treatment, which lasted three months in Germany, to resolve the political problems that have become influenced by the state institutions, including the Council of Representatives, which is witnessing Rvovh Bills not approved due to the absence of political consensus. / end / 2. n. p 

Link

Attorney Rikabi: central bank policy increase the amount of dollar sold in the auction will affect the monetary reserves of the coin

14/10/2012 

 

 

 

 

 

Baghdad (news) .. Member of the Committee criticized the economy and investment MP / National Alliance / Ibrahim al-Rikabi, the policy of the Central Bank to sell the dollar in the auction in large quantities because it will affect the entire cash reserve of hard currency in the country and will not lead to the stability of the exchange rate of the dinar against the dollar.
Rikabi (of the Agency news): The current monetary policy pursued by the central bank is not built on the basis of cash or bank valid evidence it increases the offer to sell the U.S. dollar in the auction did not think the existing reservoir of hard currency has.

He explained: that the source of hard currency "dollar" comes through the sale of oil and there is no other sources can be relied on to attract hard currency for the country, when increased amounts of dollar sold at auction the central bank will reduce the monetary reserves of foreign currency, thus affecting the value of the Iraqi dinar against other currencies International.

He added: that the Finance Committees and economic Alniabaten held ongoing meetings with the Governor of the Central Bank and his aides about the increase in the exchange rate of the U.S. dollar and the process of selling the dollar in the auction and conducted several discussions and dialogues to this subject, but to no avail and will not reach a convincing radical solutions.

This was the Iraqi Central Bank announced an increase sales of the dollar to reach more than $ 299 million in its daily auction, exchange rate was 1166 dinars for one dollar, and with the participation of up to 24 local banks. / End / 8. N. P /

Link