Parliamentary Finance: Central Bank tries to uniqueness by its decisions without reference to the government and the House of Representatives .. and the law needs to be modified

 8/10/2012

Baghdad (news) .. Accused member of the Finance Committee MP / National Alliance / Haitham al-Jubouri, the central bank by trying for the uniqueness of the important decisions regarding monetary policy of the country without consulting the government and the House of Representatives, calling to amend its law in terms consistent with the nature of the national economy.
Jubouri said (of the Agency news): The Iraqi Constitution provides in Article (103) in paragraph II that the central bank is an institution financially and administratively independent, but continued to control the House of Representatives and he must consult with the executive and legislative branches before making important decisions on fiscal policy and monetary of the country.

He went to say: that officials at the central bank trying to exclusivity their decisions without reference to the government and the House of Representatives to express their opinion and consultation with them, which led to a confusion evident in the work of the Central as a matter of public auction for the sale of currency manipulation and fraud and the entry of mafias economic trying to control the market and not to activate the Anti-Money Laundering No. (93) all came as a result of central bank policy is clear.

He pointed out: that the Central Bank Law No. (56) which was issued by the Coalition Provisional Authority after a year (2003) a lot of contradictions in some of the paragraphs of which go to the central bank body fully independent of Government and the Council of Representatives and the other paragraphs require the central bank coordination and consultation with the executive and legislative branches in the country before making decisions.

He continued, making an urgent need to amend the law in terms consistent with the nature of the economy and fiscal policy of the country. / Finished / 8. N. R /

 

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Attorney Fayez: Percentage of smuggling hard currency abroad began less .. And the difficulty of control of money laundering

 8/10/2012

Baghdad (news) .. According to a member of the Committee of Economy and Investment MP / National Alliance / Amer Al-Fayez, that the rate of smuggling hard currency abroad began less thanks to the actions taken by the Central Bank, based on the difficulty of controlling the phenomenon of money laundering in the country because they take place in different ways.
He said Fayez (for the Agency news) Friday: The Economic parliamentary met with the Central Bank and reviewed the figures for the proportion of an operation to smuggle foreign currency abroad, it was noted that they exist, but a little is the proportion of naturally occur in all countries of the world and is influential on the national economy.

He continued, indicating that the ratio started less than in the previous period, thanks to the actions and plans taken by the central bank to reduce these operations, talk about the smuggling of currency by some exaggerated a lot.

He added that the phenomenon of money laundering can not be easily controlled because it processes take place in several ways and by experienced outlaws bent on the destruction of the national economy and local currency exploit some aspects of political and often began to be directed by the neighboring countries.

The member of the Committee to: speed up the passage of the law against money laundering to reduce these operations in the country because he can not be any country that eliminates the phenomenon of money laundering in full. / Finished / 8. N. R /

 

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Leading role in Iraq: Paper reform last chance .. And the National Alliance closer to the "procrastination" of reforms

 8/10/2012

Baghdad (news) .. back in the leadership / coalition in Iraq / Mohammed al-Tai, and the reform paper as the last chance for the continuation of the political process before the collapse, noting that the National Alliance closer to the "procrastination" of reforms.
Tai said in a statement (of the Agency news): The reform paper presented by the National Alliance will be the last opportunity for the continuation of the government and the political process or Nfratha.

He added that the political blocs (the National Alliance, the Iraqi List, the Kurdistan Alliance) is convinced that the lack of agreement on a sheet of genuine political reform there is no justification for the continuation of the government.

The leader of the coalition in Iraq to: that the statements of the President of the House of Representatives Osama Najafi, who opaque paper that the questioning of Prime Minister Nuri al-Maliki "frozen" and says over and this means that in the event of failure to implement reforms, the paper will be questioning.

And the Tai: indicators that demonstrate that the paper reforms put forward by the National Alliance for more than a month there is no real and serious desire fixed in the application of reform paper are closer to the procrastination of it to seriously.

The head of the House of Representatives Osama Najafi, said earlier that Iraq is exposed to real risks, because of the political crisis, calling for the media to stop escalation between the political blocs.

Najafi said in a press conference in the House of Representatives attended the reporter (news) on Wednesday: The political problem still exists and the issue of reform is necessary to stop the deterioration and to find commonalities, warning that any delay or procrastination or lack of seriousness in the reforms, they will exacerbate the crisis.

He pointed to: a series of dialogues that took place between him and Prime Minister Nuri al-Maliki and President of the Islamic Supreme Council Ammar al-Hakim and the National Alliance leader Ibrahim al-Jaafari, confirming that it is fruitful dialogues, serious, and will contribute to resolving the crisis. / Finished / 2. D. Q /

 

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Jawad Albzona reduces the significance of the alleged meeting between Maliki and Barzani

Friday, August 10 / August 2012

Sign Jawad Albzona independent MP in the House of Representatives of the possibility of a friendly meeting between Massoud Barzani, president of the Kurdistan region and Nuri al-Maliki, the Iraqi prime minister, but would not address the problems.

Albzona said that this meeting even though it was a meeting is useless and has no interest because he is just a reconciliation and a truce and all the problems will remain unresolved except for some things such as security ministries and liquefied oil exports.

He Albzona that everyone arrived at the conviction to reach a solution through dialogue after tried all other means and the problems between the political blocs will not reach a final solution because it is big problems and a deep and rooted it is possible to hold a truce and understandings and thus continue the political process for new understandings about a particular issue but does not resolve all existing problems such as border issues and disputed Kirkuk and other such can not be solved easily, but possible to solve the issue of security ministries or the Convention on the export of oil these things can only be solved

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Parliamentary Finance mafias Acquires currency auction

08 August 2012

Confirmed that the Finance Committee its intention to host the Minister of Finance, Planning and Trade and Health and the Governor of the Central Bank to control the entry of goods randomized to Iraq. Said committee member MP for the Liberal bloc Magda Al-Tamimi: that of its hosted the Director General of the Anti-Money Laundering in the Central Bank and the Director of the currency auction Hazem al-Ani and Mr. Qais inside. Asserting that the Finance Committee discussed several topics basic and most important subject of the mafia in control of the currency auction every individual who earns them about $ 5 million a day has also been discussion of the measures taken to curb money laundering. Noting that the share of banks daily currency auction and the mechanism used in determining these shares are very weak. Claim to host all of the Minister of Trade and Planning and Finance and Health and the Governor of the Central Bank to discuss the coordination mechanism between the entities referred to it to control the entry of goods into Iraq, as it turns out that there are flaws too large in import random a significant impact on the Iraqi state. For his part, between a member of the Committee Haitham Jubouri: The Committee hosted the director of anti-money laundering and there is important information spelled out and the following information to our concern on the existence of some companies the specific controls on the currency and the dollar. Jubouri said: that this issue was a cause for concern and distrust of the process of the auction and the Central Bank , and we heard that there are mafias inside the central bank and outside the control of it, adding that the law against money laundering No. 93 issued by the CPA is disabled and disabled. noting that the Finance Committee went to form a joint committee between them and the integrity of the investigation into the cause of auction and disclosure of those involved both inside and outside the Bank Central.

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Member of Finance Committee: There is a drain of hard currency in central bank auctions require direct intervention to curb

 08/08/2012

Baghdad (news) .. The member of the Finance Committee MP / National Alliance / Haitham al-Jubouri, Presidency of the Council of Representatives to intervene directly to stop the drain of foreign exchange and money laundering in the central bank auctions.
Jubouri said in a press conference attended by the reporter Agency (news) said on Wednesday: The serious information and many useful obtaining significant violations per day at the central bank, caused by the control of the mafias from inside and outside the bank and limited companies on the auction sale of hard currency, in addition to the lack of seriousness in the activation code No anti-money laundering (93).

He added there is a danger surrounding the capital deposited in some private banks, as happened in Basra and the Warka bank, with the absence of regulations and instructions concerning the mechanisms of sale of the currency.

He pointed out: the importance of the formation of an investigative committee in the House, involving members of the Committees on Economic, financial and integrity, and to emphasize the need to ensure that the central bank to the capital of depositors of citizens in banks and activate the Anti-Money Laundering No. (93) and stop the drain of hard currency, which reached to (220 billion) since 2003, and the need to activate coordination between officials of fiscal policy and monetary policy makers in accordance with Article (24) of the Act (56) issued by the Coalition Provisional Authority's central bank.

A: Be sure to import licenses and the health issue and the adoption of special offices are heavily censored and the Supreme Audit to ensure that the exploitation of this section for money laundering, and activating the role of Supreme Audit to sell the currency and activating the role of the Ministry of Interior and National Security mechanism for direct inspection of banking offices. / Finished / d. Q /

 

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Deputy for Iraq: Allawi received an invitation to visit al-Maliki and it is hoped Altqaúhm after his return from travel

 08/08/2012

Baghdad (news) .. Revealed the MP / coalition in Iraq / Jubouri victory, the existence of an invitation addressed to the Iraqi leader Iyad Allawi for the visit of Prime Minister Nuri al-Maliki, Allawi, but was forced to travel outside Iraq, and it is hoped to be the meeting on his return at the earliest.
Jubouri said in a statement (of the Agency news): The Breakfast calls exchanged between the political blocs, especially the presence of the House of Representatives to call Osama Najafi Breakfast Prime Minister Nuri al-Maliki and al-Maliki as well as in response to an invitation Najafi is a good sign towards resolving the outstanding problems.

She added that the Iraqi leader Iyad Allawi emphasizes the need for dialogue in order to rebuild confidence between the political parties.

The crisis continues the current policy continues, after efforts to withdraw confidence from the Prime Minister al-Maliki, to turn his opponents to the option of questioning in the House of Representatives as a way the other to achieve their goal after the rejection of President Jalal Talabani signed the request of withdrawal of confidence, and to challenge validity of signatures of Representatives by a coalition of state law , reaching reform paper put forward by the National Alliance for the curtain comes down on the political crisis, protracted storm. / Finished / 2. for. m /

 

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