Decision of the Committee on Energy: Adoption of the law of oil and gas depends on resolving the political crisis .. And difficult to read it

28/08/2012

Baghdad (news) .. Exclude Rapporteur of the Commission on oil and energy MP / coalition of Kurdish blocs / Qassim Mohammed Qasim, approve oil and gas law in the coming period in the absence of a radical solutions to the political crisis in the country, pointing out that the repercussions of the political crisis weighed on the overall economic issues in the country, including oil .
Kassem said (of the Agency news) on Tuesday: The oil and gas law is one of the important laws for the Iraqi people because it maintains its natural resources such as oil and achieve the principle of justice and equality in the distribution of this wealth to all the people.

And confirmed: that the survival of the political crisis intact the passing of the bill is unlikely during the next few days.

He added: that the political differences between the parliamentary blocs influenced greatly on the overall economic issues in the country and its repercussions negative, especially oil and how to invest and excavated, stressing the lack of real will to end the political differences to indicate a failure to approve oil and gas law soon because it conditional on resolving the political crisis in the country. / end / 8. n. p /

 

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Iskandar and berries: Maliki Nujaifi promised to resolve all outstanding Almchalkl

 28/08/2012

Baghdad (news) .. Independent MP Iskandar and berries, that the Prime Minister promised Parliament Speaker to resolve all outstanding problems.
Tut said in a statement (of the Agency news): The meeting between Maliki and Najafi gave the green light to solve all dilemmas facing the political process.
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He added: when Alssayasaon puts Iraq sights Vsisttion solve all outstanding problems and private and there was no problem has no solution.

He said independent MP: Maliki Nujaifi promised to resolve all differences and will work parties to this Agreement.

The meeting ended Prime Minister Nuri al-Maliki with House Speaker Osama Najafi, certainly put an end to all disputes, and that the Constitution is the authority in dealing with all things. / End / 2. N. P /

 

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Hamid al-Mutlaq: do-Maliki will push reforms Allawi to meet

  28/08/2012

 

Baghdad (news) .. likely MP / coalition in Iraq / Hamid al-Mutlaq, that there will be a meeting combines with Prime Minister Allawi leader of Alaracaheyad List since first activating initiated reform points.
Mutlaq said in a statement (of the Agency news): There must be optimistic that there solutions to outstanding problems between the political parties but at the same time there are some doubts as we go back to the agreements and previous meetings, expressing his hope that there will be serious reform of the political situation because the situation does not assume errors .

He added: The Baader-Maliki activating points reform and especially points relating to the Convention on Arbil and there was a consensus between the blocs that the steps going forward, it is likely that there will be a meeting combines Maliki and Allawi.

The political scene is still dominated by the policy of counter-action and reaction, when opponents decided to submit a request to question Prime Minister Nuri al-Maliki last response request to withdraw confidence from the parliament speaker Osama al-Nujaifi.

As well as mutual Turahqat media that threatens to expose abuses and constitutional violations, and determine how each other, to reach the rival blocs recently reached a preliminary agreement on a sheet of reforms put forward by the National Alliance to end the controversy for years. / End / 2.. /

 

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CBI: financial watchdog report Warka Bank completed soon

 26/08/2012

Baghdad August 26 / August (AKnews) - The Iraqi Central Bank, Sunday, near the completion of Sergeant of the report on financial at Olokue Bank, which was placed under trusteeship in March last after the deterioration of its financial position.

The Iraqi central bank decided early last March put his tutelage Warka Bank due to the deterioration of its financial policy.

The bank said that imposing guardianship on the Warka Bank came to rescue him.

The main tasks of the central bank in the conduct of monetary policy in the country, and raise the level of the value of the Iraqi dinar and tackle inflation.

The deputy governor of the Bank the appearance of Mohammed, told the Kurdish news agency (Rn) that "foreign checker is still being discussed for the Warka Bank's assets and expect to be finished preparing the report on the status of the bank soon."

He explained that "the continuation of the work of the bank or not will depend on the financial watchdog report," noting that "the process of paying creditors of the bank are still ongoing, particularly small depositors."

Warka Bank sought, according to economic reports to emerge from the financial crisis through enter Bembagesat with the British Standard Chartered Bank to sell a stake of its shares, but the talks reached an impasse.

The decision comes a trusteeship on the Warka Bank in the central time enter a new mechanism requiring the withdrawal of foreign currency on the basis of the importance of development projects in the country, having spread news about the spread of the phenomenon of smuggling hard currency, especially to Iran, which is facing international sanctions.

The central bank says the Iraqi Article 59 of its law allow him to develop custody banks, which is about the appointment of an interim administration for any bank get its financial problems.

And Article 66 of the Bank Act that after being appointed guardian central bank can be sought through the Central Bank decision to request from the Minister of Finance to save the bank in the case found that there is a possibility to save him.

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

26/08/2012

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

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Director of private banks: the central bank obliged banks to provide data for the activities of its customers to the Tax Authority

 26/08/2012

Baghdad (news) .. The Executive Director of the Association of private banks Abdul Aziz Hassoun, asked the central bank to private banks to provide data private activities of its customers to the general taxes in order to pay off their tax fee.
The Goldfinch (of the Agency news) on Sunday: The process is not to provide complete information to detect special accounts audience of private banks as envisioned by some, but the central bank asked the depositors in banks that have number recorded in the general tax for the bank to provide specific data on the activities customers to determine the proportion of the tax due.

He added: that the central bank refuses to reveal secrets of customer is not entitled to any party to check out the information on audience banks, whether civil or public because it is illegal to explicit, referring to it regulatory process intended to see activity customer in the bank to pay what it taxes the state .

She reports claim the Central Bank of Iraqi banks to hand over complete information about customers who have a bank account to the general taxation, making experts and specialists fear of the statement of accounts for customers leads to loss of public confidence sinks civil. / End / 8. D. Q /

 

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Hassani: You must activate economic agreements with developed countries to support the national economy

 26/08/2012

Baghdad (news) .. Stressed member state law, former MP Abdul-Hadi al-Hassani, the need to implement all trade and economic agreements concluded with the developed countries, whether European or American or East Asian countries to develop national economy and promotion.
He said Hassani (of the Agency news): The article (110) of the Iraqi Constitution stressed the importance of organizing the economic relationship and trade between Iraq and the countries of the developed world through the activation of economic agreements with Europe or America or East Asian countries such as China, Korea and Japan, and continued: that do with its mission, which is intended to enter their company investment of state-building and the service sector and the training of human resources of the private sector.

He added: should benefit from international expertise in the development of economic sectors and the promotion of the private sector in order to take its role in building the state because the general government sector proved its inability to contribute to building the national economy, calling for activating all trade and economic agreements with industrialized countries to promote domestic industry as a political vision and patriotism is consistent with the strategic dimensions of the state. / end / 8. n. p /

 

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