Cabinet exempts banks and six managers, most notably the Rafidain and Rasheed and Trade
June 7, 2016 16:14
The Iraqi cabinet decided on Tuesday to exempt directors from office six banks, most notably the Rafidain and Rasheed and trade.
An informed source said that "the cabinet decided during its regular meeting held today, exempt bank governance managers Hamad Abdul Wahab and Mesopotamia on behalf of al-Hassani and the commercial and industrial dry Hamdiya Kazem fistula and Mohammed Hadi al-Khafaji, agricultural and real estate Khudair Abbas from office."
The source, who asked not to be named, said: "The decision was taken unanimously by the exemption."
The Iraqi Council of Ministers held on Tuesday under the chairmanship of its regular Haider al-Abadi and the presence of Minister of the Kurds after more than a month to boycott the sessions of the Council, following the storming of the demonstrators to the Green Zone in the 30th of April 2016.