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Nassif calls to follow the market away from the control of Baghdad since 2003,
Editor Nihad Qais - Friday 13 December 2013
Alsumaria News / Baghdad
Called an MP for the coalition, the Iraqi Free high Nassif, on Friday, the government and regulators to follow the work of the Baghdad market securities and verify that it is free from suspicions of corruption, pointing out that it is far from censorship since 2003, referring to the role played in the economic volatility and its impact on the investment sector in Iraq.
Nassif said in a statement received "Alsumaria News", a copy of which, "The market for the Baghdad Stock Exchange is far from government control since 2003," asserting that "the absence of control for this institution that controls the country's economy, directly or indirectly, may encourage additional violations manipulation and stock prices in the stock market ups and downs, as well as the manipulation of the identities of the shareholders. "
She added that "there are doubts in the presence of great corruption in this market, which affects the investment sector and the important sectors in Iraq," pointing out that it "did not provide day Khovath and the mechanism of its transparency to shareholders, and there is no information on the sources of capital and standards adopted by the rise and fall of stock ".
Nassif stressed the need for "a Baghdad market for securities subject to the regulatory authorities," stressing the importance of that, "we find a significant role for the government and the Integrity Commission and the Commission on Integrity in the follow-up work of this market."
It is noteworthy that the Iraqi market for securities was established in June 2004, and was approved by the manual trading, and in April 2009 adopted electronic trading in part by some companies, and is now trading electronically for companies listed by the year 2010, and traded in the market are 73 companies belonging to the eight sectors are banking, industrial, hotel, tourism, agriculture, investment, and insurance, in addition to communications
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Editor Nihad Qais - Friday 13 December 2013
Alsumaria News / Baghdad
Called an MP for the coalition, the Iraqi Free high Nassif, on Friday, the government and regulators to follow the work of the Baghdad market securities and verify that it is free from suspicions of corruption, pointing out that it is far from censorship since 2003, referring to the role played in the economic volatility and its impact on the investment sector in Iraq.
Nassif said in a statement received "Alsumaria News", a copy of which, "The market for the Baghdad Stock Exchange is far from government control since 2003," asserting that "the absence of control for this institution that controls the country's economy, directly or indirectly, may encourage additional violations manipulation and stock prices in the stock market ups and downs, as well as the manipulation of the identities of the shareholders. "
She added that "there are doubts in the presence of great corruption in this market, which affects the investment sector and the important sectors in Iraq," pointing out that it "did not provide day Khovath and the mechanism of its transparency to shareholders, and there is no information on the sources of capital and standards adopted by the rise and fall of stock ".
Nassif stressed the need for "a Baghdad market for securities subject to the regulatory authorities," stressing the importance of that, "we find a significant role for the government and the Integrity Commission and the Commission on Integrity in the follow-up work of this market."
It is noteworthy that the Iraqi market for securities was established in June 2004, and was approved by the manual trading, and in April 2009 adopted electronic trading in part by some companies, and is now trading electronically for companies listed by the year 2010, and traded in the market are 73 companies belonging to the eight sectors are banking, industrial, hotel, tourism, agriculture, investment, and insurance, in addition to communications
[You must be registered and logged in to see this link.]
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