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The collapse of the Iraqi banks
2012-02-26 12:47:32
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Rand Chaderchi
Iraqi journalist independent
Central Bank issued a Mphaja decision to stop dealing with the North Bank of Iraq for reasons not yet been clarified, and two days before the development of the Central Bank of Iraq's seizure of the money the Bank of Basra in Iraq. Also Tmalqa the arrest of the President of the Board of Directors businessman Hassan Ghalib Kubba and deposited in the Baghdad Central Prison on the back charges of manipulating funds of depositors.
On the other hand the situation before the booking two weeks removed by the Central Bank of Iraq to the Iraqi Warka Bank funds, as well as Chairman of the Board on the money his administration Saad Saadoun Almtuare structure on the low profile is required to eliminate Bmujbmzkrh arrest warrants issued by an investigating judge Karkh.
Also issued in Amman, a special resolution to prevent circulation of private equity Saad Saadoun structure in the Amman Financial Market, which have no relationship at all Warka Bank.
It seems that unleashed fired previously for banks to manipulate the money Moatunainually impact caused inflation in the Alaguetsadularaca as a result of the sudden rise in the price of Alakart and the continuous rise of stock prices, and the day after the end of the game and the lack of liquidity sharp in the Iraqi market shows how retardation and reactionary our banking system, which always goes against the index of the economy to global.
When started the collapse of the global economy in 2008, marched index Iraqi economy to recovery and stock index to rise, and soon began to global markets, the first steps to recover and continued to the Iraqi economy Blonkmac index Aloshmbalhbot rapid, and even collapse in some companies as a globe and drinks Baghdad as well as a stalemate real estate is unprecedented in the Iraqi market.
Here, identify the need for legislation to ensure employment of Iraqi bankers specialize in the Iraqi banking sector, because the present case that those who manage Alavtsad Iraqi Hlh (backward) Zarwallugod after 2003, and are often staff manage money ruling parties
This is what led to the bad economic situation today and as soon as the congelation economic situations in the country resort to extend their hands into the pockets of citizens.
It is worth mentioning, for example, but not when it put the CBI custody Alyamwal Warka Bank started a company (Bader Exchange) to withdraw all Amulhe complete and incomplete Musrvalurkae ... It was then distributed to the rest of Almtbakaksma debtors and creditors reason that company (Bader Exchange) is a subsidiary of one of the dominant parties in power and were excluded from the apportionment Algrmeohzh a very dangerous precedent in the banking system in Iraq.
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2012-02-26 12:47:32
________________________________________
[-] Text [+]
Rand Chaderchi
Iraqi journalist independent
Central Bank issued a Mphaja decision to stop dealing with the North Bank of Iraq for reasons not yet been clarified, and two days before the development of the Central Bank of Iraq's seizure of the money the Bank of Basra in Iraq. Also Tmalqa the arrest of the President of the Board of Directors businessman Hassan Ghalib Kubba and deposited in the Baghdad Central Prison on the back charges of manipulating funds of depositors.
On the other hand the situation before the booking two weeks removed by the Central Bank of Iraq to the Iraqi Warka Bank funds, as well as Chairman of the Board on the money his administration Saad Saadoun Almtuare structure on the low profile is required to eliminate Bmujbmzkrh arrest warrants issued by an investigating judge Karkh.
Also issued in Amman, a special resolution to prevent circulation of private equity Saad Saadoun structure in the Amman Financial Market, which have no relationship at all Warka Bank.
It seems that unleashed fired previously for banks to manipulate the money Moatunainually impact caused inflation in the Alaguetsadularaca as a result of the sudden rise in the price of Alakart and the continuous rise of stock prices, and the day after the end of the game and the lack of liquidity sharp in the Iraqi market shows how retardation and reactionary our banking system, which always goes against the index of the economy to global.
When started the collapse of the global economy in 2008, marched index Iraqi economy to recovery and stock index to rise, and soon began to global markets, the first steps to recover and continued to the Iraqi economy Blonkmac index Aloshmbalhbot rapid, and even collapse in some companies as a globe and drinks Baghdad as well as a stalemate real estate is unprecedented in the Iraqi market.
Here, identify the need for legislation to ensure employment of Iraqi bankers specialize in the Iraqi banking sector, because the present case that those who manage Alavtsad Iraqi Hlh (backward) Zarwallugod after 2003, and are often staff manage money ruling parties
This is what led to the bad economic situation today and as soon as the congelation economic situations in the country resort to extend their hands into the pockets of citizens.
It is worth mentioning, for example, but not when it put the CBI custody Alyamwal Warka Bank started a company (Bader Exchange) to withdraw all Amulhe complete and incomplete Musrvalurkae ... It was then distributed to the rest of Almtbakaksma debtors and creditors reason that company (Bader Exchange) is a subsidiary of one of the dominant parties in power and were excluded from the apportionment Algrmeohzh a very dangerous precedent in the banking system in Iraq.
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