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Mullah: we will form a parliamentary committee to investigate the work of the Central Bank for the past months
Wrote on: 02/24/2013 14:08:19
Category: Economic Written by: kawthar Views: 12
BAGHDAD / With: MP for the Iraqi List Haider Mulla, Sunday, collecting 140 signatures from various parliamentary blocs to form a committee to investigate policies of the Central Bank of Iraq in the past four months .
Mulla said in a press conference held today, the parliament building, "The committee, which will depend roadmap in its work to control the foreign capital in the national banks," explaining that "one of the problems facing Iraqi banks are the predominance of foreign capital because it will lead to Iraq's transition to a part of the system of international money laundering . "
Al Mulla said that "the predominance of foreign capital can lead to the use of the system cash Iraqi political purposes," pointing to "the existence of Lebanese banks operating in Iraq with a capital of five million dollars and buy a currency from the central $ 7 to $ 12 million a day and make a profit up to 6 percent . "
The MP for the Iraqi "These banks provide them with absolute privileges do not provide for Iraqi banks in those countries according to the principle of reciprocity," likely "These banks operate according to political agendas through the support of some political parties . "
Mullah pointed to "foreign funds control over some Iraqi banks as Mansour and bank credit and Baghdad," and said that "this is an Iraqi banks and capital but mostly Kuwaiti and Qatari and took the right-monopoly in foreign remittances . "
Mulla pointed out that "there are more than 40 Iraqi national banks with Iraqi capital barred from the right transfers," noting that "policies of the Central Bank of Iraq in the past four months has harmed the Iraqi economy . "
Mulla revealed that the "road map committee to be formed will also investigate the issue of the high dollar as well as the exposure of Iraq's stockpile of gold to decrease up to 2.3 percent during the last four months according to the World Bank report". / End
Zia Sharifi
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Wrote on: 02/24/2013 14:08:19
Category: Economic Written by: kawthar Views: 12
BAGHDAD / With: MP for the Iraqi List Haider Mulla, Sunday, collecting 140 signatures from various parliamentary blocs to form a committee to investigate policies of the Central Bank of Iraq in the past four months .
Mulla said in a press conference held today, the parliament building, "The committee, which will depend roadmap in its work to control the foreign capital in the national banks," explaining that "one of the problems facing Iraqi banks are the predominance of foreign capital because it will lead to Iraq's transition to a part of the system of international money laundering . "
Al Mulla said that "the predominance of foreign capital can lead to the use of the system cash Iraqi political purposes," pointing to "the existence of Lebanese banks operating in Iraq with a capital of five million dollars and buy a currency from the central $ 7 to $ 12 million a day and make a profit up to 6 percent . "
The MP for the Iraqi "These banks provide them with absolute privileges do not provide for Iraqi banks in those countries according to the principle of reciprocity," likely "These banks operate according to political agendas through the support of some political parties . "
Mullah pointed to "foreign funds control over some Iraqi banks as Mansour and bank credit and Baghdad," and said that "this is an Iraqi banks and capital but mostly Kuwaiti and Qatari and took the right-monopoly in foreign remittances . "
Mulla pointed out that "there are more than 40 Iraqi national banks with Iraqi capital barred from the right transfers," noting that "policies of the Central Bank of Iraq in the past four months has harmed the Iraqi economy . "
Mulla revealed that the "road map committee to be formed will also investigate the issue of the high dollar as well as the exposure of Iraq's stockpile of gold to decrease up to 2.3 percent during the last four months according to the World Bank report". / End
Zia Sharifi
[You must be registered and logged in to see this link.]
