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Governor of the Central Bank of Iraq andthe Agency Resigns

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gemini5


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Governor of the Central Bank of Iraq andthe Agency Resigns


Thursday, February 28 / February 2013 16:59 | : Ambassador News | | |





{Baghdad Ambassador: News}

Source confirmed that "Governor of the Central Bank of Iraq and Abdul Basit Turki agency resigned today."
The sources said Chairman of the Board of Supreme Audit Abdul Basit Turki tendered his resignation from the post of Governor of the Central Bank today, which was occupied by proxy. "
The Council of Ministers decided to appoint Abdul Basit Turki governor of the Central Bank of Iraq instead of Shabibi. In the sixteenth of the month of October.
The arrest warrant was issued late last October against Central Bank Governor Sinan al-Shabibi and a number of officials in the bank charges relating to financial and administrative corruption regarding auction sale of foreign currency / dollar /.






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tlm724

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The above article should be considered propaganda at this time and thank you. Below you will find two articles disputing these rumors.

Central Bank denies resignation of Turki and confirms that it maishaa try to dissuade the Bank coin performance

Posted on Thursday, February 28, 2013 17: 19. | Posted by: ali. | | | Visits: 99

Baghdad/Obelisk: CBI, denied Thursday reports about the resignation of Governor Abdel Basset Turki of his work with the World Bank, and the news about it are baseless and an attempt to dissuade the Bank coin performance.

The source said "the Obelisk", "the Central Bank scrapped blasted some news agencies about the resignation of the Governor of the Central Bank of Iraq Dr. Abdel Basset Turki stresses continuity in his work."

"The Bank is such baseless news try to try to dissuade the Central Bank from its work properly and reduce the procedures for prosecuting offenders for help and banking controls.

TheInformed sources said that the recent campaign by some parliamentarians against the Central Bank is the last of the attempts to put pressure on the Bank to discourage and prevent the move and detect files corruption and irregularities of some banks who supported by some politicians to the Iraqi judiciary.

Those sources said "the Obelisk", "there are a lot of direct pressure exerted and failed, leading to the emergence of the latter campaign, well-known objectives and intentions, and by some parliamentarians against the Central Bank action."

He noted that these attempts "is the last bit of attempts to put pressure on the Bank to discourage and prevent the move and detect files corruption and irregularities to the Iraqi judiciary and for some banks who are supported by some politicians."

The independent MP Abdullah Al Sabah called on Central Bank Governor Abdel Basset Turki Agency to leave office or as head of the Office of financial supervision, but that Turkish "his skill in managing the Cabinet and the Central Bank to leave its history.

Al-Saadi said at a press conference in the Parliament building and was attended by "the Obelisk", "the pretext behind sacking of Central Bank of former county of Sinan Al-Shabibi was a Holocaust within the Central Bank and the Prime Minister termed burn four billion dollars a month through an auction to sell the currency," adding that "the Holocaust until now".

He noted that "there is a process of money laundering, since the time of the previous Bank Governor Sinan Al-Shabibi to this day," the investigative authorities to disclose the results of an investigation that includes the names of the banks and their clients".

Saidi said that "Turkey should return to his post in the Office of financial supervision being the highly skilled in the management of this institution" Turkish, addressing the "you need to leave the Bank in order to preserve the history of the Central Bank only funds but do not burn burn your date you".

The Cabinet decided at its 45th session in Baghdad on 16 October 2012 head of the Office of financial supervision Abdel Basset Turki as acting Central Bank Governor after he dismissed unanimously the previous Central Bank Governor Sinan Al-Shabibi.

The Iraqi Central Bank Governor Abdel Basset Turki agency announced the exclusion of more than 4 billion dollars of doubtful validity or source lists of participating banks in an auction to buy and sell foreign currency since mid-October last.


Turkish and called in a statement issued by the Bank and got "the Obelisk", "all politicians to accuracy and objectivity in the Iraqi Central Bank activities, the conversations and comments on the economic changes and the decisions of the investors and damage to the Iraqi economy and give a true picture of the economic situation of the country".

Turki said that "the biggest five banks bought foreign currency are banks, the Middle East and the North, Erbil and SDL sectors".

The Central Bank Governor said the Agency "all listings are checked according to the instructions of the previous administration which was given six months to verify", stating that "when kiting or fraudulent actions are taken by the Bank and the prosecution of spoilers and manipulative in his companies, which should be referred to the judiciary" .

"The increased scrutiny on the auction to buy and sell foreign currency prevented banks from enter the auction for a specific time period and subject to audit transactions for large volume transactions," was expected during phase change and activate the control over rates rises because the previous administration had abolished the upper limit allowed for banks for sale to citizens, so there is no legal restriction to banks by taking into account only advice" .

Turkish drew attention to the "Central Bank of Iraq in the current administration were allowed to leave for foreign banks to open a branch in Iraq to allow them to enter the Central Bank auction before mid-October last year".

The CBI called on the political class and national channels and news agencies to investigate accuracy and objectivity in talking about the Bank's activities to their conversations and statements on the economic changes and the decisions of the investors.

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Prime Minister denies releasing Abdel Basset Turki of his post
Station news -13/02/2013-7: 55 pm Baghdad/Al baghdadia news. He denied the Prime Minister's media adviser Ali al-Mosawi, Wednesday, Central Bank Governor agency exemption Abdel Basset Turki of his post.

Musawi said contact with the Al-baghdadia/news/"no truth to media reports about an exemption for the Agency's Central Bank Governor Abdel Basset Turki of his post," he said, adding that "Turkish remains in his post as Governor of the Central Bank".
The media has reported news about exemption of Prime Minister Nouri al-Maliki, said Central Bank Governor Abdel Basset Turki, according to media that "Abdel Basset Turki at the head of the Central Bank and the Office of financial supervision is illegal cannot a person be the President and President at the same time, the checker as Abdul Basit now practiced tasks simultaneously is the port for the disbursement of funds and the Bank's management. Finished/21

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gemini5


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Thank you for the reply Miss Timmy...I happened to be working at my desk and on the phone scaning two forums....when I posted this article not paying close attention....I'm sorry for not paying better attention....I know better tooooo!!

tlm724

tlm724
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gemini5 wrote:Thank you for the reply Miss Timmy...I happened to be working at my desk and on the phone scaning two forums....when I posted this article not paying close attention....I'm sorry for not paying better attention....I know better tooooo!!

Absolutely no problem at all. We appreciate your posting articles !! Thank you !


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Lifes purpose is not to arrive at the grave in a well preserved body, but rather to slide in sideways shouting HOLY CHIT what a ride

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