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Parliament finishes the first reading of the proposed amendment to the law of the third central bank

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parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 3 Empty Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by rocky on Wed 13 Nov 2019, 12:10 pm

First topic message reminder :


Parliament finishes the first reading of the proposed amendment to the law of the third central bank law

18:04 - 13/11/2019



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About / Baghad ..
The House of Representatives on Wednesday completed the first reading of the proposed third amendment to the Central Bank law.
The reporter / information / The House of Representatives has finished the first reading of the proposed amendment to the law of the third amendment to the Central Bank of Iraq issued by order No. (56) for 2004 from the Coalition Provisional Authority (dissolved).
Earlier on Wednesday, the House of Representatives held its 14th session of the fourth parliamentary session, the second legislative year, the first legislative term, chaired by Mohammed Halbousi and the presence of 229 deputies. Finished 25 h


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Post by azareus on Mon 18 Nov 2019, 1:42 am

Thanx Rocky
will be interesting to see if they will float the currency now
time will tell
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Post by rocky on Mon 18 Nov 2019, 1:51 am

Just because I can't find a link saying Reuters , Iraq is going to stop the auctions doesn't mean thier not, just dealing with links. If someone has a link saying that I would like to see it
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Post by azareus on Mon 18 Nov 2019, 2:08 am

will be interesting

I Think they stopped it temporarily but we will see
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Post by Screwball on Mon 18 Nov 2019, 2:52 am

[You must be registered and logged in to see this link.] wrote:will be interesting

I Think they stopped it temporarily but we will see
true..time will tell and we have plenty of that
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Post by Readytogo on Mon 18 Nov 2019, 7:25 am

[size=33]My friend sent this to me, please remove if need be.[/size]


[size=33]Iraq TV reports that halting the sale of the US dollar in the auctions by the CBI has ended millions of fake funds to Iran indicating that those funds could build 200 schools and 50 hospitals per year. Cheers of excitement were heard by the crowds of protestors as they watched the message on the big screens. The citizens are saying that this is a [You must be registered and logged in to see this link.]  and that they want a complete end of all auctions and to have accountability for the deaths and the disposition of the oil revenues.[/size]
[size=33]A bloody day of demonstrations resulted from live bullets being used on crowds close to the green zone. The US Secretary made statements to the people of Iraq informing them that the US will hold liable all corrupt persons that stole [You must be registered and logged in to see this link.]  belonging to the citizens. This message was broadcast on the big screens to calm the crowd.[/size]
[size=33]Iran was also in turmoil today as 100 banks and shops were looted and burned to the ground.[/size]
[size=33]Here's the link to view it for yourself...... [You must be registered and logged in to see this link.] [/size]
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Post by lesley.beter on Mon 18 Nov 2019, 8:37 am

Another thread looks like not stopped
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Post by rocky on Mon 18 Nov 2019, 10:17 am

[You must be registered and logged in to see this link.] wrote:Take a look at this article: 


17-11-2019 01:28 PM
Source: The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran


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Baghdad / News
WASHINGTON (Reuters) - A halt to the dollar's sale at the central bank has prevented large fake funds from reaching Iran, an informed source said on Sunday.
"The central bank is wasting money that can build 200 schools and 50 hospitals each year because of the currency auction," the source told Al-Ikhbaria.
"The currency auction gives fake commercial agencies millions of dollars a day without any restriction," the source said, speaking on condition of anonymity.
He added that "stop selling the dollar in the Central Bank in the past days because of demonstrations and new measures prevent the arrival of large fake commercial funds to Iran through its intermediaries."


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thanks Proven for the articles
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parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 3 Empty The third amendment to the Central Bank Law includes the establishment of the Banking Court

Post by rocky on Mon 18 Nov 2019, 2:32 pm

The third amendment to the Central Bank Law includes the establishment of the Banking Court

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[size=18]Economy News - Baghdad:[/size]
[size=18]The House of Representatives is currently working on a third amendment to the law of the Central Bank of Iraq, including the change of 8 articles in the law.[/size]
[size=18]The House of Representatives read the third amendment to the law of the Central Bank of Iraq one reading at its previous session.[/size]
[size=18]The amendment aims to form a court called the Banking Business Court, which will be headed by a judge and two judges.[/size]
[size=18]The Banking Business Court will also consider an action to cancel or amend the order or decision to impose administrative penalties and claims related to the custody, rehabilitation, liquidation and judicial custody of banks, and the determination of guardianship, guardian, liquidator, judicial guard and rehabilitation procedures shall be subject to court supervision.[/size]
[size=18]In amended article 67, it recommends that orders and decisions issued by the Central Bank remain in force unless a court order to suspend executive proceedings or issue a cancellation or amendment order.[/size]
[size=18]However, article 68 confirms that the orders issued by the court shall be subject to appeal by way of grievance within three days of being notified or considered as an amount before the court.The decision issued by the court shall be subject to appeal before the competent court of appeal as discriminatory within seven days from the date of notification or as an amount.[/size]
[size=18]In article 70, the provisions of the Code of Civil Procedure and the Evidence Act are in force when there is no provision in this Act.[/size]
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