U.S. Federal Reserve controls the Iraqi foreign currency
Baghdad - Al-Hayat
Wednesday, January 9, 2013
A source familiar with the Central Bank of Iraq's Al-Hayat, that the Iraqi government is unable to act in cash reservoir abroad because it is lodged with the U.S. central bank. He stressed that the latter had already agreed with the United Nations and the Department of the Central Bank of Iraq to reject the transfer any amount outside the framework of the budget.
The experts predicted the end of the crisis, the Central Bank of Iraq for fear of exposing the big names in the political and financial center, which was confirmed by sources familiar with the investigation, pointing to the issuance of a judicial decision to release the deputy governor of the Bank appearance in favor and 30 employees were arrested earlier.
The Supreme Judicial Council issued on 19 October (October) last arrest warrant against the Governor of the Central Bank and a number of officials in corruption cases, and arrested 32 staff with the governor's refusal to Shabibi decision.
Sources from within the central bank leaked «life» implementation details of the arrest of the deputy governor and showed that the warrant included three officials are Governor Sinan al-Shabibi and his deputy, the appearance of Saleh and General Manager of the banking sector Ali Abu Nayla.
The sources added that Shabibi and Abu Nayla not surrender themselves to the concerned authorities, but Saleh turned himself in after the security authorities arrested some members of his family. She noted that the investigators concluded achieved with the deputy governor and is satisfied that there is no evidence incriminating, and decided to end his detention on bail pending completion of the investigation, but the security authorities represented by the Ministry of Interior refused to release him or allow the media confronted inside prison «upper» in Baghdad.
A source close to the investigation committee that «the number of staff of the Central Bank beyond 1235, distributors headquarters and four branches in Nineveh and Basra, Dohuk and Sulaymaniyah. He explained that the number of detainees less than 30, including 22 female and four officials, explaining that the reason for their arrest was that they were members of the board committee, where four staff members are elected to serve under the authority of the Board of Directors. He confirmed that investigators had evacuated the last for the members of the Committee and some employees because they are not interested in Bala
And the latest developments in the investigation pointed out that «the art is that the central bank adopted five banks eligibility to sell the dollar, and these banks offer to auction the bank to list in exchange for any amount of purchase, then implement the conversion and here are the responsibility of the Central implied not directly». The «has not issued any arrest warrant against officials of private banks involved while making sure of its involvement money laundering operations or smuggled out of Iraq.
He was a member of the Finance Committee parliamentary Hassan Ozmn announced told media three weeks ago, that Iraqi funds abroad are exposed to the risk of international trusteeship because of the participation of the United Nations to investigate the issue of the Iraqi Central Bank, expected to appoint UN special rapporteur to monitor the movements of Finance of Iraq, but the Iraqi Foreign Ministry denied this.
Noteworthy that the Iraqi Central Bank announced in August 2012 Iraq reserves rise of hard currency to $ 67 billion from 63 billion.
Furthermore, official denied the central bank can manipulate government these precautions, and said: «is still under the tutelage of the United Nations under paragraphs seventh item, and proceeds from the sale oil goes directly to the account itself, and even going out of the trusteeship is already present in the bank U.S. who refuses any requests issued by the Iraqi government regarding financial withdrawals outside the framework of the budget, and this is agreed with the United Nations to prevent any theft operations in Iraq, which continues to suffer instability.
And threatened Iraqi Central Bank Governor Sinan al-Shabibi resorting to 'all means' if the case is not resolved within the country, saying that the immunity of the bank have been overcome in Iraq.
[You must be registered and logged in to see this link.]
Baghdad - Al-Hayat
Wednesday, January 9, 2013
A source familiar with the Central Bank of Iraq's Al-Hayat, that the Iraqi government is unable to act in cash reservoir abroad because it is lodged with the U.S. central bank. He stressed that the latter had already agreed with the United Nations and the Department of the Central Bank of Iraq to reject the transfer any amount outside the framework of the budget.
The experts predicted the end of the crisis, the Central Bank of Iraq for fear of exposing the big names in the political and financial center, which was confirmed by sources familiar with the investigation, pointing to the issuance of a judicial decision to release the deputy governor of the Bank appearance in favor and 30 employees were arrested earlier.
The Supreme Judicial Council issued on 19 October (October) last arrest warrant against the Governor of the Central Bank and a number of officials in corruption cases, and arrested 32 staff with the governor's refusal to Shabibi decision.
Sources from within the central bank leaked «life» implementation details of the arrest of the deputy governor and showed that the warrant included three officials are Governor Sinan al-Shabibi and his deputy, the appearance of Saleh and General Manager of the banking sector Ali Abu Nayla.
The sources added that Shabibi and Abu Nayla not surrender themselves to the concerned authorities, but Saleh turned himself in after the security authorities arrested some members of his family. She noted that the investigators concluded achieved with the deputy governor and is satisfied that there is no evidence incriminating, and decided to end his detention on bail pending completion of the investigation, but the security authorities represented by the Ministry of Interior refused to release him or allow the media confronted inside prison «upper» in Baghdad.
A source close to the investigation committee that «the number of staff of the Central Bank beyond 1235, distributors headquarters and four branches in Nineveh and Basra, Dohuk and Sulaymaniyah. He explained that the number of detainees less than 30, including 22 female and four officials, explaining that the reason for their arrest was that they were members of the board committee, where four staff members are elected to serve under the authority of the Board of Directors. He confirmed that investigators had evacuated the last for the members of the Committee and some employees because they are not interested in Bala
And the latest developments in the investigation pointed out that «the art is that the central bank adopted five banks eligibility to sell the dollar, and these banks offer to auction the bank to list in exchange for any amount of purchase, then implement the conversion and here are the responsibility of the Central implied not directly». The «has not issued any arrest warrant against officials of private banks involved while making sure of its involvement money laundering operations or smuggled out of Iraq.
He was a member of the Finance Committee parliamentary Hassan Ozmn announced told media three weeks ago, that Iraqi funds abroad are exposed to the risk of international trusteeship because of the participation of the United Nations to investigate the issue of the Iraqi Central Bank, expected to appoint UN special rapporteur to monitor the movements of Finance of Iraq, but the Iraqi Foreign Ministry denied this.
Noteworthy that the Iraqi Central Bank announced in August 2012 Iraq reserves rise of hard currency to $ 67 billion from 63 billion.
Furthermore, official denied the central bank can manipulate government these precautions, and said: «is still under the tutelage of the United Nations under paragraphs seventh item, and proceeds from the sale oil goes directly to the account itself, and even going out of the trusteeship is already present in the bank U.S. who refuses any requests issued by the Iraqi government regarding financial withdrawals outside the framework of the budget, and this is agreed with the United Nations to prevent any theft operations in Iraq, which continues to suffer instability.
And threatened Iraqi Central Bank Governor Sinan al-Shabibi resorting to 'all means' if the case is not resolved within the country, saying that the immunity of the bank have been overcome in Iraq.
[You must be registered and logged in to see this link.]
Today at 6:29 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 6:27 am by Rocky
» An Arab call to the countries neighboring Iraq regarding the share of water
Today at 6:26 am by Rocky
» IMF: Poor productivity is responsible for 50% of the decline in economic growth
Today at 6:20 am by Rocky
» The President of the Republic stresses to Barzani the importance of focusing on construction, recons
Today at 6:19 am by Rocky
» Will Iran lose the Iraqi market? 20 million dollars is threatened with loss
Today at 6:18 am by Rocky
» Parliamentary Economy: Parliament will extend the legislative term to approve the budget
Today at 6:13 am by Rocky
» The price of the dollar is close to 145 thousand dinars؛ how much is $100 worth of transactions؟
Today at 6:13 am by wciappetta
» A factory for producing electric cars
Today at 6:12 am by Rocky
» Prime Minister: We have launched strategies to improve the conditions of workers
Today at 6:10 am by Rocky
» Economic prospects from America to Türkiye
Today at 6:09 am by Rocky
» Al-Rayes: The path of development is the first gateway to sustainable economic advancement
Today at 6:08 am by Rocky
» Days after announcing the connection with Jordan, an almost complete absence of electricity in Ramad
Today at 6:06 am by Rocky
» A Kurdistan delegation meets with the Ministry of Finance in Baghdad to discuss “revenues and implem
Today at 6:05 am by Rocky
» Parliamentary Economy reviews files and the importance of Sudanese’s upcoming visit to Saudi Arabia
Today at 5:59 am by Rocky
» Al-Maliki talks about postponing the Kurdistan Parliament elections and says that salary transfers w
Today at 5:54 am by Rocky
» The President of the Republic and Barzani discuss the results of Sudanese’s visit to the United Stat
Today at 5:53 am by Rocky
» The Ministry of Finance is "dizzy"... An expert points out a "lapse" in the budget schedules: Februa
Today at 5:49 am by Rocky
» Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedul
Today at 5:43 am by Rocky
» The Iraqi dinar is recovering against the US dollar in local markets
Today at 5:42 am by Rocky
» Iraq.. The claim that OPEC’s decisions affect oil derivatives only and not crude is “inaccurate”
Today at 5:39 am by Rocky
» Al-Bawi: Erdogan failed in his promises to his people and seeks to plunge Iraq into its conflict wit
Today at 5:37 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Today at 5:36 am by Rocky
» Amnesty International criticizes Iraq's implementation of 13 death sentences
Today at 5:34 am by Rocky
» The ambassador is very angry with Parliament: The homosexuality law obstructs the government and har
Today at 5:33 am by Rocky
» Al-Mandalawi: There is no place for homosexuality in the Iraq of the prophets and saints, and that i
Today at 5:32 am by Rocky
» Al-Sudani receives the President of the University: Towards the strength and status of the Arab syst
Today at 5:31 am by Rocky
» Ayed Al-Hilali: All leaders are discussing “the finer details of Sudanese” tonight, and Barzani join
Today at 5:30 am by Rocky
» He announced the reception of offers from three alliances from international companies for the Baghd
Today at 5:28 am by Rocky
» During his meeting with the head of the Iraqi Journalists Syndicate... Al-Amiri stresses the importa
Today at 5:26 am by Rocky
» To address the dollar exchange rate... Mazhar Muhammad explains the risks of floating the Iraqi dina
Today at 5:25 am by Rocky
» During the launch of the Arab Labor Conference in its 50th session in Baghdad... Al-Sudani: We launc
Today at 5:24 am by Rocky
» Saudi Arabia announces an increase in direct flights with Iraq
Today at 5:23 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 5:22 am by Rocky
» Al-Sadr: The voice of American universities calling for an end to Zionist terrorism is our voice
Today at 5:21 am by Rocky
» International organization: 50% of displaced Iraqis lack official documents
Today at 5:20 am by Rocky
» Al-Sudani: The path of development will provide many job opportunities
Today at 5:19 am by Rocky
» Parliament Finance: The necessity of converting tax and customs revenues to digital processing
Today at 5:18 am by Rocky
» Al-Sudani announces that clues have been found to uncover those involved in the Kormor bombing
Today at 5:16 am by Rocky
» The start of the work of the Fourth Baghdad International Water Conference
Today at 5:09 am by Rocky
» The Council of Ministers will suspend official working hours next Wednesday
Today at 5:07 am by Rocky
» An almost complete outage of water and electricity in western Anbar
Today at 5:06 am by Rocky
» Parliamentary expectations of extending the legislative term to approve the budget
Today at 5:00 am by Rocky
» Education: The cost of participating in the electronic school will amount to 200 thousand dinars
Today at 4:59 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 4:58 am by Rocky
» A newspaper reveals a dark world that brings together bloggers and politicians
Today at 4:57 am by Rocky
» Al-Marsoumi: The bombing of the Kormor field undermined efforts to achieve self-sufficiency in gas
Today at 4:55 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Yesterday at 3:18 pm by Rocky
» utube MM&C 4/26/24 Iraqi Dinar - US Treasury Exchange Rates- Focus - Banking Partnerships - Rate C
Yesterday at 3:17 pm by Rocky
» Parliamentary efforts to transform Iraq into a global market for transferring Internet capacities
Yesterday at 3:07 pm by Rocky
» A parliamentary committee that enriches the political forces: Stop plundering Iraq’s wealth and work
Yesterday at 2:56 pm by Rocky
» Politician: Salem Al-Issawi is the most likely to assume the presidency of Parliament
Yesterday at 2:55 pm by Rocky
» Al-Sudani: The world today is witnessing crises whose impact has been reflected in the global econo
Yesterday at 10:50 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 10:40 am by Rocky
» Among them are the Iraqis... a list of the most sought-after immigrants to America
Yesterday at 10:38 am by Rocky
» An expert talks about the "biggest barrier" and the positives of merging Iraqi and Arab banks
Yesterday at 10:29 am by Rocky
» The House of Representatives adjourns its session
Yesterday at 10:24 am by Rocky
» Parliamentary demands to expedite the legislation of the Eid al-Ghadir holiday law (documents)
Yesterday at 10:23 am by Rocky
» Parliament adds the paragraph “Electing the Speaker of the House of Representatives” to its agenda
Yesterday at 10:21 am by Rocky
» Alsumaria publishes the text of the law against prostitution and homosexuality
Yesterday at 10:20 am by Rocky
» A parliamentarian reveals the reason for the failure of the Speaker of Parliament to pass during tod
Yesterday at 10:19 am by Rocky
» Al-Sudani: The government has launched many strategies and initiatives that will improve the reality
Yesterday at 9:42 am by Rocky
» International Business: Iraq has made progress in supporting businesses through investment and priva
Yesterday at 9:33 am by Rocky
» Association of Banks: Iraq is witnessing great development in the transition to electronic governmen
Yesterday at 9:25 am by Rocky
» The House of Representatives votes to add an item to its agenda (election of the Speaker of the Hous
Yesterday at 9:22 am by Rocky
» Parliamentary integrity: Combating corruption requires parliamentary legislation
Yesterday at 9:15 am by Rocky
» Al-Karaawi: America is trying to restrict Iraq
Yesterday at 9:13 am by Rocky
» The State of Law coalition moves to form the local government in Diyala
Yesterday at 9:12 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Yesterday at 9:11 am by Rocky
» Prime Minister's Advisor: We will see the dollar fall on the black market soon
Yesterday at 9:09 am by Rocky
» The Sunni blocs are resolute. The presidency of the Council is ours, away from Al-Halbousi
Yesterday at 9:08 am by Rocky
» Al-Sudani discusses with a workers’ organization his government’s steps in this field
Yesterday at 8:58 am by Rocky
» Parliament holds its session in the presence of 170 deputies
Yesterday at 8:57 am by Rocky
» In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “i
Yesterday at 8:55 am by Rocky
» The UAE company ADNOC resorts to Iraqi oil. Find out the reasons
Yesterday at 8:53 am by Rocky
» The Iraqi Parliament votes to add an item to elect a president to its agenda
Yesterday at 8:52 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 8:51 am by Rocky
» Al-Sudani: It is necessary to attract women to work as a productive energy that cannot be disrupted
Yesterday at 8:47 am by Rocky
» Zebari regarding targeting the Kormor field: a systematic attack on the economy of Kurdistan
Yesterday at 8:46 am by Rocky
» Saudi Arabia tops, and this is Iraq's rank... a list of major suppliers of crude oil to South Korea
Yesterday at 8:45 am by Rocky
» With a value of 125 million dollars.. Iraq is at the forefront of countries importing Iranian textil
Yesterday at 8:44 am by Rocky
» More than a billion dollars in sales from the Iraqi Central Bank within a week
Yesterday at 8:43 am by Rocky
» Al-Sudani stresses the need for the expertise of the International Labor Organization to legislate a
Yesterday at 8:29 am by Rocky
» Including the return of 21 wanted persons.. The Iraq Money Recovery Fund counts its achievements in
Yesterday at 8:27 am by Rocky
» The path to development is the criterion between true patriotism and political clowning.
Yesterday at 8:25 am by Rocky
» The file of the Presidency of Parliament is on the state administration table... this evening
Yesterday at 8:22 am by Rocky
» Director General of the International Labor Organization: Many challenges in the world of work and t
Yesterday at 8:20 am by Rocky
» Al-Sudani: The world is witnessing crises that reflect negatively on the Arab and international peop
Yesterday at 8:11 am by Rocky
» Prime Minister: Our government has provided great support for the success of the activities, program
Yesterday at 8:08 am by Rocky
» Al-Asadi: Iraq places the social protection file among its priorities
Yesterday at 8:07 am by Rocky
» Al-Sudani: Iraq is one of the first countries in the region to join the International Labor Organiza
Yesterday at 8:05 am by Rocky
» In the presence of Al-Sudani and Barzani, the State Administration Coalition holds an “important” me
Yesterday at 8:03 am by Rocky
» Appreciating the presence of Al-Sudani... Director General of the Arab Labor Organization: Here from
Yesterday at 6:29 am by Rocky
» Prime Minister: Our government has provided great support for the success of the activities, program
Yesterday at 6:28 am by Rocky
» Al-Sudani: The world is witnessing crises that reflect negatively on the Arab and international peop
Yesterday at 6:24 am by Rocky
» The Parliamentary Development Institute organizes a workshop on the political role of the representa
Yesterday at 6:22 am by Rocky
» With Arab and international participation. Tomorrow will be the start of the Fourth Baghdad Internat
Yesterday at 6:21 am by Rocky
» OPEC Secretary General: The end of oil is not on the horizon
Yesterday at 6:19 am by Rocky
» Closing a number of unlicensed offices and companies south of Baghdad
Yesterday at 6:16 am by Rocky