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Central Bank announces prosecuted a member of the House of Representatives for "misreading and mislead"
SUNDAY, JUNE 2, 2013 11:59
Twilight News / announced the Central Bank of Iraq, Sunday, prosecuted a member of the Iraqi Council of Representatives on the back of "misreading" of the bank's reputation, "mislead" public opinion on the banking business.
The bank said in a statement obtained by "Twilight News", a copy of that "one of the members of the House of Representatives said during a television interview that the central bank has deposited in three Arab banks billion dollars interest rate of 3%."
He added that "this is the beginning of MP on what is going on, where the mechanism adopted at the bank is a deposit with the central banks only in countries that have its credit rating more than good, and is performed by a decision of the Board of Directors of the Bank."
He explained that "these misguided conversations used to meet the Bank's policy to uproot the corrupt Avenue, parasites, and his defense of the men bankers serious actors in building the economy of Iraq."
The statement noted that "confuse the public information and shuffling papers in front of him does not constitute an abuse to the central bank and the banking system only, but also to the system of the national effort to build the institutions and support the economy and weakens confidence in any decisions and mechanisms can be pursued by the state."
He stressed that he "reserves the right to legal establishment of a lawsuit over what was stated in the interview conducted by the MP from abuse and misleading to the Bank's work," calling for "political or wishing to go into such topics, stand on the health issues that they have, especially since some are real and sense for specialist priori. "
The central bank held sessions daily currency auction except Fridays and public holidays, with the participation of a group of Iraqi banks, is the buying and selling of foreign currencies, and the Central Bank of the process of the currency converter sold abroad, for some companies and citizens for a commission certain.
The Central Bank of Iraq group of specialized committees to combat money laundering, crime funds and the financing of terrorism, and it was the Anti-Money Laundering Act of 2004 Iraqi establish supervisory procedures due to banking institutions, particularly ones.
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SUNDAY, JUNE 2, 2013 11:59
Twilight News / announced the Central Bank of Iraq, Sunday, prosecuted a member of the Iraqi Council of Representatives on the back of "misreading" of the bank's reputation, "mislead" public opinion on the banking business.
The bank said in a statement obtained by "Twilight News", a copy of that "one of the members of the House of Representatives said during a television interview that the central bank has deposited in three Arab banks billion dollars interest rate of 3%."
He added that "this is the beginning of MP on what is going on, where the mechanism adopted at the bank is a deposit with the central banks only in countries that have its credit rating more than good, and is performed by a decision of the Board of Directors of the Bank."
He explained that "these misguided conversations used to meet the Bank's policy to uproot the corrupt Avenue, parasites, and his defense of the men bankers serious actors in building the economy of Iraq."
The statement noted that "confuse the public information and shuffling papers in front of him does not constitute an abuse to the central bank and the banking system only, but also to the system of the national effort to build the institutions and support the economy and weakens confidence in any decisions and mechanisms can be pursued by the state."
He stressed that he "reserves the right to legal establishment of a lawsuit over what was stated in the interview conducted by the MP from abuse and misleading to the Bank's work," calling for "political or wishing to go into such topics, stand on the health issues that they have, especially since some are real and sense for specialist priori. "
The central bank held sessions daily currency auction except Fridays and public holidays, with the participation of a group of Iraqi banks, is the buying and selling of foreign currencies, and the Central Bank of the process of the currency converter sold abroad, for some companies and citizens for a commission certain.
The Central Bank of Iraq group of specialized committees to combat money laundering, crime funds and the financing of terrorism, and it was the Anti-Money Laundering Act of 2004 Iraqi establish supervisory procedures due to banking institutions, particularly ones.
J p
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