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Bank management deliberately to exclude the new competencies and the appointment of the Iraqi people without any experience .. "Braikan" Kuwait imposes civil control of the Bank of Iraq for the purposes of sabotage!!
12/1/2011 0:00
BAGHDAD / Firas Qaisi
banking source disclosed a senior Bank "Braikan" Kuwaiti-owned by "Al Sabah" bought a 48 per cent of the shares of Bank Ahli Iraq, and has become the main driver for most banking operations and controlled the first in its affairs after the bank ".. ...." Bahrain in the past the lion's share in it.
The source, who works at Al-Ahli Bank "........." on condition of anonymity said in a statement singled out the "Future of Iraq," The Kuwaitis took over many of the Iraqi banks, stressing that there are subversive of the purposes of this control objective of suspicious transactions to pass through Iraqi banks taking advantage of the confusion in the national economy.
He said that the bank is now managed by the Vice Chairman of the Board "....." custody of the newspaper's name is man who is known not to his experience in the management of banks, indicating that specializes in hotels because he was working as director of a hotel belonging to the family that owns the bank, as Vice Chairman of the Board, the owner of the upper hand in dismissal and the dimensions of competency bank in coordination with the Bank of Braikan, and the appointment of figures weak subject to the whims of Kuwaitis.
The source added that the Bank of Braikan controls fully in all banking operations, and that the Directors of the Bank receive all instructions from Kuwait directly, particularly with regard to transfers of financial, banking and buying foreign currency at an auction the central bank. He said that the Vice Chairman of the Board has to stop all bank credit and discredit all previous administrations of the bank, pointing out that the man was not carrying any banking experience. He said the bank Braikan Kuwaiti financial institution great unknown in the financing of many of the political groups in Iraq through the purchase of their net worth and open accounts for them in the bank in question. The Kuwaiti businessman Hazem Braikan, one of the owners of the bank was found dead two years ago after being accused by the Securities and Exchange U.S., as it filed a lawsuit against him and against the institutions attached to it, including''KAMCO''saying they have won millions of transactions in the shares' Harman 'and' Textron 'after the publication of reports of fraud''involving''for acquisitions led to the rise of shares of two companies of the Americas. Braikan was also CEO of Raya Investment owned by 10 percent, Citigroup, is a partner of the Bank of Braikan. Braikan and the Bank of a large coalition with a number of large companies in the field of financial transactions that raised confusion around it. A source close to the Board of Directors of Kuwait's Agility raised suspicions around in the financing of political figures confirmed that the company has reached advanced stages of negotiations to sell its stake in Iraq's Korek Telecom, which was also acquired by the Fund Alcazarkapittal in 2007.
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