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Intergovernmental Economic Commission: Trade Bank of Iraq was not granted any loan for Kurdistan
19/03/2015
The Commission on the government's economic affairs, on Thursday, that the Trade Bank of Iraq did not give the Kurdistan regional government or the central bank in the region, any loan, noting that what has been is a professional financial banking operations.
He said Deputy Prime Minister Ruz Nuri Shaways office said in a statement received "direction Press," a copy of it, "The Committee discussed during its meeting, first Tuesday, the subject of banking policy pursued by the Trade Bank of Iraq, particularly the issue of lending to the Kurdistan Regional Government and the Central Bank of Iraq in the region "noting that" the Commission found is the banking operations of a financial professional and there is no loan granted by the Trade Bank of Iraq to the two mentioned. "
The bureau said that "the bank in light of the large financial potential, it continues to finance its activities all to regaining its high confidence being the main financier of trade the government sector," adding that "it is imperative on the state and the Iraqi parliament to take responsibility not to allow the promotion of rumors that affect the financial reputation and its place among global banks. "
He said the office that "the Committee invited the Trade Bank of Iraq to send its accounts and financial statements audited to the relevant authorities in accordance with the principles of disclosure and transparency."
He accused the MP for the Liberal bloc Yasser al-Husseini, in the (February 24, 2015), Director General Trade Bank of Iraq ( TBI ) Hamdiya dry lend to the central bank in the Kurdistan region amount billion and a half billion dollars capability without any guarantees, and that dry sought refuge with her children to outside Iraq.
As shown dry, surprise of the charges against her, saying that this speech "is not accurate."
The Trade Bank of Iraq from the government of Iraqi banks, was established in July of 2003 with a capital of $ 100 million, then raise capital from the cumulative profits in the year 2008 to half a trillion dinars in the intention of capital raised to trillion Iraqi dinars.
And already TBI exposure to the problems led to the escape of former boss Hussein Azri, who has linked the President National Congress, Ahmad Chalabi, as announced by former Prime Minister Nuri al-Maliki, on the second of September 2011 the past, that the Council of Ministers as directly responsible for the commercial bank, decided to the formation of a joint investigative committee of the Integrity Commission and the Office of Financial Supervision and the Ministry of Finance and experts, which in turn has provided a report on the existence of irregularities in the bank, and forwarded the report to the judicial authorities responsible for its consideration. sa
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19/03/2015
The Commission on the government's economic affairs, on Thursday, that the Trade Bank of Iraq did not give the Kurdistan regional government or the central bank in the region, any loan, noting that what has been is a professional financial banking operations.
He said Deputy Prime Minister Ruz Nuri Shaways office said in a statement received "direction Press," a copy of it, "The Committee discussed during its meeting, first Tuesday, the subject of banking policy pursued by the Trade Bank of Iraq, particularly the issue of lending to the Kurdistan Regional Government and the Central Bank of Iraq in the region "noting that" the Commission found is the banking operations of a financial professional and there is no loan granted by the Trade Bank of Iraq to the two mentioned. "
The bureau said that "the bank in light of the large financial potential, it continues to finance its activities all to regaining its high confidence being the main financier of trade the government sector," adding that "it is imperative on the state and the Iraqi parliament to take responsibility not to allow the promotion of rumors that affect the financial reputation and its place among global banks. "
He said the office that "the Committee invited the Trade Bank of Iraq to send its accounts and financial statements audited to the relevant authorities in accordance with the principles of disclosure and transparency."
He accused the MP for the Liberal bloc Yasser al-Husseini, in the (February 24, 2015), Director General Trade Bank of Iraq ( TBI ) Hamdiya dry lend to the central bank in the Kurdistan region amount billion and a half billion dollars capability without any guarantees, and that dry sought refuge with her children to outside Iraq.
As shown dry, surprise of the charges against her, saying that this speech "is not accurate."
The Trade Bank of Iraq from the government of Iraqi banks, was established in July of 2003 with a capital of $ 100 million, then raise capital from the cumulative profits in the year 2008 to half a trillion dinars in the intention of capital raised to trillion Iraqi dinars.
And already TBI exposure to the problems led to the escape of former boss Hussein Azri, who has linked the President National Congress, Ahmad Chalabi, as announced by former Prime Minister Nuri al-Maliki, on the second of September 2011 the past, that the Council of Ministers as directly responsible for the commercial bank, decided to the formation of a joint investigative committee of the Integrity Commission and the Office of Financial Supervision and the Ministry of Finance and experts, which in turn has provided a report on the existence of irregularities in the bank, and forwarded the report to the judicial authorities responsible for its consideration. sa
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