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Sources in the CBI yesterday that the Iranian lobby in Iraq succeeded in persuading Prime Minister Nuri al-Maliki to overthrow the Iraqi Central Bank Governor Sinan al-Shabibi and his deputy, the appearance of Mohammed Saleh after their success in reducing the smuggling of hundreds of millions of dollars from Iraq to Iran. Sources in Baghdad said Shabibi did not return to Baghdad after Iraq's representation at the Tokyo conference and likely heading towards his home in Switzerland, where he was staying but he was seen in London's Oxford Street yesterday by a London reliable sources.
The sources, who asked not to be named for decades that Shabibi and appearance were behind issuing a series of measures stipulated to provide people who want to turn the Iraqi currency to the dollar to submit their applications to the Central Bank attached account number from one of the Iraqi banks in addition to the goal of converting their currencies Iraqi dollar to ensure used to finance their commercial transactions and not smuggled into Iran, which suffer from the impact of sanctions and a significant lack of hard currency. The sources said that the relationship with the regime of Bashar al-Assad the sanctioned become between Maliki priorities in coordination and financial and commercial support. The sources said the decisions and actions had led after the first day of issuance to decline the request conversion of 80 100 million dollars a day to less than a million dollars. The sources pointed out that the central bank, which was converted Iraqi dinar to the dollar without documents as part of a free economy have discovered that most providers conversions are not traders and offer their transactions pseudonyms for fear انفضاح ordered them, and added that the measures taken and used by the government against Shabibi and his deputy as evidence conviction, may limited the dollar smuggling from Iraq to Iran and helped to stabilize the price of the Iraqi currency and protected cash reserves Iraq. Knighted by the Iraqi government yesterday, Abdul Basit Turki Chairman of the Board of Supreme Audit conservative new interim central bank to replace Shabibi. He acknowledged the central bank also the principle of coordination, consultation and exchange of information between the Central Bank of Iraq and the Council of Ministers on fiscal and monetary policies in accordance with the Constitution with the Central Bank of Iraq to study the methods used currently in the delivery of foreign currency to the local market and give a greater role for banks. And increased at the beginning of the year demand for the dollar by a large margin ranged between 40 to 50 percent, the central bank announced later in February from the application of new measures regarding the sales of the dollar. Thanks for Hbibi in rebuilding the central bank after the war. The central bank was able to collect $ 65 billion of Iraqi currency reserves from scratch under management Shabibi.
Shabibi was an expert working in the scientific Trade Organization in Geneva before assuming management of the central bank. Is an international expert in the economics of public finance. Legal sources said the parliamentary time to stop Shabibi his work is not the prerogative of the government and return to parliament as the central bank of independent bodies of the Parliament. The sources added that a new violation of the Constitution. She explained that the appointment of a Turkish place Shabibi also is a constitutional violation because the appointment of the Governor of the Central Bank is the validity of the parliament, not the government.
Shabibi rejected the decision by Prime Minister Nuri al-Maliki to inflict the central bank as an independent body to parliament.
Shabibi parliament backed in his position, forcing Maliki to retreat.
United Central Bank of Iran's ability to pull hundreds of millions of dollars from the Iraqi market to support its economy, which is suffering from the effect of sanctions on the expense of the Iraqi dinar.
Shabibi rejected the government's desire to bite into the Iraqi currency as a reserve would lead to the deterioration of the value of the Iraqi currency.
The Integrity Commission's decision was issued against Iraq Shabibi through its representation in the global conference was Tokyo Macoda.
Said Ali al-Moussawi, a media adviser in the prime minister, said the Council of Ministers voted to assign Abdul Basit Turki Chairman of the Board of Supreme Audit, the Directors of the Central Bank until further notice, adding that the judiciary had decided to withdraw the hand Shabibi, current governor of the Central Bank.
Moussawi said that after the fluctuation of the exchange rate of the dinar has formed a committee in the House of Representatives to investigate headed by Vice President of the Council Qusay al-Suhail and after a lengthy investigation found negligence by the Governor of the Bank and others.
He said the committee submitted its report to the Integrity Commission official dealing with the fight against corruption in government departments and decided to withdraw the hand-Shabibi and others, he said, adding that when the government became front actually decided to appoint a personal won nearly unanimous.
The Integrity Commission spokesman Hassan Aati told yesterday that the Authority received a special file by the Central Bank of the Parliamentary Integrity Committee and the investigation is ongoing.
And in turn, chairman of the Parliamentary Integrity Committee Bahaa al-Araji said warrants issued but no warrants have been issued a travel ban, noting that the number of arrest warrants reached thirty memorandum include bank governor and his deputy.
An official at the Ministry of Justice that the Supreme Judicial Council is responsible for issuing arrest warrants similar.
Araji said the issue is not about money but about the procedures and instructions led to the increase in the price of the dollar against the Iraqi dinar and the low price of the dinar.
The Central Bank Governor Sinan al-Shabibi, who has been in office since 2003, said in contact with AFP from Tokyo two days ago I do not know anything about it and, God willing, there will be no arrest warrants.
And witnessed the exchange rate of the dollar in April, the highest level in front of the dinar since nearly four years in the local markets, a 1320 dinars per dollar, after it was steady at 1230 dinars to the dollar.
Shabibi said then to AFP that the political situation is relatively stable in Iraq and the surrounding area has created a great demand for the dollar, which led to higher currency exchange rate recently, in particular reference to Iran and Syria and the sanctions imposed on these countries.
It is noted that the Federal Supreme Court issued in January 18, 2011 decision to link the Central Bank of the Cabinet reasoned that the predominance of the executive of the Bank and its activities.
The central bank governor warned after the adoption of this resolution the risk of its application because it will lose Iraq, which is considered one of the most corrupt countries in the world, has the responsibility to protect his assets abroad, he says.
The Iraqi government has taken in its yesterday several decisions relating to the Central Bank, including the formation of a committee headed by a representative of the World Bank and the membership of representatives of the ministries of interior, finance and trade shall exchange information on the movement of currency sold by the bank.
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The sources, who asked not to be named for decades that Shabibi and appearance were behind issuing a series of measures stipulated to provide people who want to turn the Iraqi currency to the dollar to submit their applications to the Central Bank attached account number from one of the Iraqi banks in addition to the goal of converting their currencies Iraqi dollar to ensure used to finance their commercial transactions and not smuggled into Iran, which suffer from the impact of sanctions and a significant lack of hard currency. The sources said that the relationship with the regime of Bashar al-Assad the sanctioned become between Maliki priorities in coordination and financial and commercial support. The sources said the decisions and actions had led after the first day of issuance to decline the request conversion of 80 100 million dollars a day to less than a million dollars. The sources pointed out that the central bank, which was converted Iraqi dinar to the dollar without documents as part of a free economy have discovered that most providers conversions are not traders and offer their transactions pseudonyms for fear انفضاح ordered them, and added that the measures taken and used by the government against Shabibi and his deputy as evidence conviction, may limited the dollar smuggling from Iraq to Iran and helped to stabilize the price of the Iraqi currency and protected cash reserves Iraq. Knighted by the Iraqi government yesterday, Abdul Basit Turki Chairman of the Board of Supreme Audit conservative new interim central bank to replace Shabibi. He acknowledged the central bank also the principle of coordination, consultation and exchange of information between the Central Bank of Iraq and the Council of Ministers on fiscal and monetary policies in accordance with the Constitution with the Central Bank of Iraq to study the methods used currently in the delivery of foreign currency to the local market and give a greater role for banks. And increased at the beginning of the year demand for the dollar by a large margin ranged between 40 to 50 percent, the central bank announced later in February from the application of new measures regarding the sales of the dollar. Thanks for Hbibi in rebuilding the central bank after the war. The central bank was able to collect $ 65 billion of Iraqi currency reserves from scratch under management Shabibi.
Shabibi was an expert working in the scientific Trade Organization in Geneva before assuming management of the central bank. Is an international expert in the economics of public finance. Legal sources said the parliamentary time to stop Shabibi his work is not the prerogative of the government and return to parliament as the central bank of independent bodies of the Parliament. The sources added that a new violation of the Constitution. She explained that the appointment of a Turkish place Shabibi also is a constitutional violation because the appointment of the Governor of the Central Bank is the validity of the parliament, not the government.
Shabibi rejected the decision by Prime Minister Nuri al-Maliki to inflict the central bank as an independent body to parliament.
Shabibi parliament backed in his position, forcing Maliki to retreat.
United Central Bank of Iran's ability to pull hundreds of millions of dollars from the Iraqi market to support its economy, which is suffering from the effect of sanctions on the expense of the Iraqi dinar.
Shabibi rejected the government's desire to bite into the Iraqi currency as a reserve would lead to the deterioration of the value of the Iraqi currency.
The Integrity Commission's decision was issued against Iraq Shabibi through its representation in the global conference was Tokyo Macoda.
Said Ali al-Moussawi, a media adviser in the prime minister, said the Council of Ministers voted to assign Abdul Basit Turki Chairman of the Board of Supreme Audit, the Directors of the Central Bank until further notice, adding that the judiciary had decided to withdraw the hand Shabibi, current governor of the Central Bank.
Moussawi said that after the fluctuation of the exchange rate of the dinar has formed a committee in the House of Representatives to investigate headed by Vice President of the Council Qusay al-Suhail and after a lengthy investigation found negligence by the Governor of the Bank and others.
He said the committee submitted its report to the Integrity Commission official dealing with the fight against corruption in government departments and decided to withdraw the hand-Shabibi and others, he said, adding that when the government became front actually decided to appoint a personal won nearly unanimous.
The Integrity Commission spokesman Hassan Aati told yesterday that the Authority received a special file by the Central Bank of the Parliamentary Integrity Committee and the investigation is ongoing.
And in turn, chairman of the Parliamentary Integrity Committee Bahaa al-Araji said warrants issued but no warrants have been issued a travel ban, noting that the number of arrest warrants reached thirty memorandum include bank governor and his deputy.
An official at the Ministry of Justice that the Supreme Judicial Council is responsible for issuing arrest warrants similar.
Araji said the issue is not about money but about the procedures and instructions led to the increase in the price of the dollar against the Iraqi dinar and the low price of the dinar.
The Central Bank Governor Sinan al-Shabibi, who has been in office since 2003, said in contact with AFP from Tokyo two days ago I do not know anything about it and, God willing, there will be no arrest warrants.
And witnessed the exchange rate of the dollar in April, the highest level in front of the dinar since nearly four years in the local markets, a 1320 dinars per dollar, after it was steady at 1230 dinars to the dollar.
Shabibi said then to AFP that the political situation is relatively stable in Iraq and the surrounding area has created a great demand for the dollar, which led to higher currency exchange rate recently, in particular reference to Iran and Syria and the sanctions imposed on these countries.
It is noted that the Federal Supreme Court issued in January 18, 2011 decision to link the Central Bank of the Cabinet reasoned that the predominance of the executive of the Bank and its activities.
The central bank governor warned after the adoption of this resolution the risk of its application because it will lose Iraq, which is considered one of the most corrupt countries in the world, has the responsibility to protect his assets abroad, he says.
The Iraqi government has taken in its yesterday several decisions relating to the Central Bank, including the formation of a committee headed by a representative of the World Bank and the membership of representatives of the ministries of interior, finance and trade shall exchange information on the movement of currency sold by the bank.
[You must be registered and logged in to see this link.]
