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Download the former Deputy Governor of the Central Bank, on Monday, the political parties responsible for the instability experienced by the Bank's management since the beginning of this year. He said the appearance of Mohammed Saleh, in an interview with the "range" the struggle to manage the Central Bank and the ignorance of the nature of his work are the primary reasons for accusing him of wasting public money, a charge that will be tried with 30 of his colleagues Thursday, criticizing the Court of Auditors observations only and not to conduct an internal investigation to find out the truth of the charges.
Saleh noted that the money laundering unit with powers to investigate the increased demand for the currency but it failed in its mission, stressing that the current management of the Bank sell the dollar at higher rates.
[ltr] The Central Bank of Iraq faced, late last year, severely criticized because of the high demand for the dollar led to the issuance of the notes catch the Bank Governor Sinan Al-Shabibi and Vice-President Mohammad Saleh appearance while participating in an International Conference. And, after returning to the country for over a month on charges of "deliberately wasting public funds" but pressures civilian activists have contributed to changing the charge to "wasting public money, and released on bail in March.[/ltr]
[ltr] The Cabinet decided, last October, the head of the Office of financial supervision Abdel Basset Turki as Central Bank Governor instead of Shabibi Agency. The truth in Iraq revealed the fund development matches, in April, the Central Bank sold over the past six years the process of auctions around 207 billion dollars, equivalent to 56 percent of Iraq's oil revenue in those years. He accused deputies, politicians and economists, the Central Bank over the past months, burn "on average four billion dollars a month in hard currency auction for ten banks".[/ltr]
Two days before undergoing the trial, saw the appearance of Mohamed Saleh "accusing the former Bank Management focuses on the auction sales which allegedly exceeded the needs of the Iraqi economy, meaning that his need is half the quantities sold, the second charge is fluctuating exchange rate which the Bank despite external factors hit the local market economy at the same time."
[ltr] But Saleh stressed that "facts have proven that the current Bank sales are still subject to the same procedures of the previous administration if the performance of the previous Administration's safe."[/ltr]
And on the rise of the dollar in recent months, the former Deputy Governor of the Central Bank said that "because of the current administration is trying to talk about the sale of half the usual amount to give a picture of the mismanagement of the previous Central Bank staff and that they had wasted public money, but things were contrary to what they were expecting."
He said "the current Central Bank Governor Abdel Basset Turki said in March that Iraq needs to sell about $ 500 million a week, the equivalent of $ 2 billion every two months, but the parliamentary integrity Commission revealed the sale of the $ 4.7 billion during the month of May and this explains the high sales volume and its relationship to the law of supply and demand."
[ltr] The former Deputy Governor of the Central Bank to "political will you try to change the World Bank officials and others enjoyed the loyalty of some political blocs at the expense of competence and personalities that have a long history in economic work."[/ltr]
He continued talking to "range" to "assets in corruption cases that the there is an administrative investigation within the Central Bank to find out the truth," pointing out that "the Office of financial supervision made his remarks on the currency auction of the fact-finding Committee which took them directly and unlawful decisions issued, asking," does the case have become just another place management switch "?
And confirms that the Bank's sales increased sales during the previous administration, which was given the stability of the dinar against the dollar, "adding that" the current Administration open auction selling currency for six days while we sell for only five days, which increased the quantities sold compared to the previous period. "
[ltr] Economic expert attributed the criticism and charges facing the former crew of the Central Bank to "the conflict between political positions, in addition to ignorance of Central Bank action is what has brought us to the courts, there is no other topic as some" promoted, "the Central Bank issue where mixed leaves, concepts and ignorance and many victims because this culture."[/ltr]
The new trial date, says Saleh was released on bail on charges of wasting money, it will be on 20/6 as the date for hearing the case with 30 employees at the Central Bank, including five people detained for months and was not released until this moment for unknown reasons ", adding that" there is one lawyer stocks meant in this case and there is no coordination between the rest of the staff regarding this issue. "
[ltr] And former Deputy Governor of the Central Bank, "charged me for my signature to help organize the process of buying foreign currency from banks and customers and the Bank's work with clients with the aim of forming a database of us."[/ltr]
And valid opinion that "the money laundering Department bore responsibility for checking illegal contraband funds to have absolute powers without reference to the Governor of the Bank by law but not to the desired level [You must be registered and logged in to see this link.]
Saleh noted that the money laundering unit with powers to investigate the increased demand for the currency but it failed in its mission, stressing that the current management of the Bank sell the dollar at higher rates.
[ltr] The Central Bank of Iraq faced, late last year, severely criticized because of the high demand for the dollar led to the issuance of the notes catch the Bank Governor Sinan Al-Shabibi and Vice-President Mohammad Saleh appearance while participating in an International Conference. And, after returning to the country for over a month on charges of "deliberately wasting public funds" but pressures civilian activists have contributed to changing the charge to "wasting public money, and released on bail in March.[/ltr]
[ltr] The Cabinet decided, last October, the head of the Office of financial supervision Abdel Basset Turki as Central Bank Governor instead of Shabibi Agency. The truth in Iraq revealed the fund development matches, in April, the Central Bank sold over the past six years the process of auctions around 207 billion dollars, equivalent to 56 percent of Iraq's oil revenue in those years. He accused deputies, politicians and economists, the Central Bank over the past months, burn "on average four billion dollars a month in hard currency auction for ten banks".[/ltr]
Two days before undergoing the trial, saw the appearance of Mohamed Saleh "accusing the former Bank Management focuses on the auction sales which allegedly exceeded the needs of the Iraqi economy, meaning that his need is half the quantities sold, the second charge is fluctuating exchange rate which the Bank despite external factors hit the local market economy at the same time."
[ltr] But Saleh stressed that "facts have proven that the current Bank sales are still subject to the same procedures of the previous administration if the performance of the previous Administration's safe."[/ltr]
And on the rise of the dollar in recent months, the former Deputy Governor of the Central Bank said that "because of the current administration is trying to talk about the sale of half the usual amount to give a picture of the mismanagement of the previous Central Bank staff and that they had wasted public money, but things were contrary to what they were expecting."
He said "the current Central Bank Governor Abdel Basset Turki said in March that Iraq needs to sell about $ 500 million a week, the equivalent of $ 2 billion every two months, but the parliamentary integrity Commission revealed the sale of the $ 4.7 billion during the month of May and this explains the high sales volume and its relationship to the law of supply and demand."
[ltr] The former Deputy Governor of the Central Bank to "political will you try to change the World Bank officials and others enjoyed the loyalty of some political blocs at the expense of competence and personalities that have a long history in economic work."[/ltr]
He continued talking to "range" to "assets in corruption cases that the there is an administrative investigation within the Central Bank to find out the truth," pointing out that "the Office of financial supervision made his remarks on the currency auction of the fact-finding Committee which took them directly and unlawful decisions issued, asking," does the case have become just another place management switch "?
And confirms that the Bank's sales increased sales during the previous administration, which was given the stability of the dinar against the dollar, "adding that" the current Administration open auction selling currency for six days while we sell for only five days, which increased the quantities sold compared to the previous period. "
[ltr] Economic expert attributed the criticism and charges facing the former crew of the Central Bank to "the conflict between political positions, in addition to ignorance of Central Bank action is what has brought us to the courts, there is no other topic as some" promoted, "the Central Bank issue where mixed leaves, concepts and ignorance and many victims because this culture."[/ltr]
The new trial date, says Saleh was released on bail on charges of wasting money, it will be on 20/6 as the date for hearing the case with 30 employees at the Central Bank, including five people detained for months and was not released until this moment for unknown reasons ", adding that" there is one lawyer stocks meant in this case and there is no coordination between the rest of the staff regarding this issue. "
[ltr] And former Deputy Governor of the Central Bank, "charged me for my signature to help organize the process of buying foreign currency from banks and customers and the Bank's work with clients with the aim of forming a database of us."[/ltr]
And valid opinion that "the money laundering Department bore responsibility for checking illegal contraband funds to have absolute powers without reference to the Governor of the Bank by law but not to the desired level [You must be registered and logged in to see this link.]
