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[rtl]Editorial date: 2019/3/27 23:33 • 623 times read[/rtl]
(Baghdad: Al-Furat News) criticized member of the Finance Committee parliamentary, the head of the parliamentary wisdom bloc, Faleh al-Sari, dealing with monetary and banking in Iraq.
"The Ministry of Finance has not received the portfolio of a professional person to this day and the current Minister of Finance is not specialized and came by a political party and therefore his professional interest will not be in this ministry," he said, referring to the program "forbidden from the show" Very huge and financial mother is responsible for managing these banks and modernizing their systems. "
He stressed that "the distinction between employees and the private sector, the staff advances and loans and borrowing to the private sector and projects, noting that" the issue of employees subject to a conditional condition is to be the employee {home} salary, which receives through the {Master Card} of the bank, "He said.
He added that "we have two main banks (Rafidain and Rashid), and Rafidain took a wide area and gave in advance to the local government services salaries, either the Rashid Bank withdrew the license card and went to the Master Card and now is in the process of completing the procedures for the distribution of advances to employees.
"The interest in the Rafidain and Rashid Bank is different from being self-financing; but its capital is from the Ministry of Finance, and the interest rate is determined by the board of directors of the bank," he said, pointing to "the existence of more than [38] non-governmental banks and allowed to launch collateral advances."
He pointed out that "our banks are still primitive and did not live up to the level of international banks," explaining that "we are still dealing in cash salaries and advances, while all the world left the situation, including African countries, and the banking environment is not prepared and therefore affected the investment and private sector and national development Especially Rafidain Bank and rational, so we find bribery and blackmail are present in banks. "
The member of the parliamentary finance, "The advance of 10 million dinars, which gives the two rivers benefit 9% each month 241 thousand dinars, the total interest is 4 million dinars," noting that "our real problem and our ideas and socialism and communism in the management of banks, and our banks founded by politicians and traders benefited Of currency auctions. "
On the Commercial Bank of Iraq, Al-Sari explained that "all the topics that included the giving of advances to traders in the name of investment presented to the Finance Committee of Parliament and in turn formed a committee went to Erbil and Sulaymaniyah to search for buildings and projects surveyed by the exchange there, and after research and audit found that the properties purchased for the bank market value Less than the value of the buyer and found a double price in bonds and purchase and did not find guarantees at the moment of loan and then withdrew letters of guarantees.
He disclosed that "the $ 680 million, nearly a trillion dinars for projects invested only for the region," declaring that "Hamdiya dry Kurdish became a regional and national work, which caused corruption in the bank at the time and was exempted.
And Abizaid said that "the amounts have not been lost yet there is an investor named [Ahmed Ismail} invested the opportunity to get the amount, but he paid," asserting, "There are files on Hamdiya dry in integrity and justice."
He added that "agricultural loans mostly to the disposal of fictitious projects, the southern provinces were forced into the initiative agriculture, which focused its funds to the western regions, which failed by 50% and their funds wasted," noting that "after 2014 should be zero all this money and parliamentary finance prevented it and to pay back ", Recalling that" agricultural initiative funds amounted to one billion and 600 million dinars. "
"The Agricultural Bank is granting loans to agricultural projects and therefore its procedures are legal. Agricultural loans must be established and the director can manipulate them," al-Sari said. "Al-Khafaji was a sign of corruption, but the procedures of integrity and slow elimination allowed him and much Of spoilers to escape from justice, "noting that" the spread of corruption in all joints of the state, and if the citizen had a culture of law will not be able to manipulate one. "
In response to his objection to the paragraphs of the federal budget for the year 2019, said Sari, "The most prominent observations were about additions to the budget in parliament at the moment of voting and most notably the return of all dismissed in the West, while the private sector was dropped in the budget and the opening of issues of spending, "The government today complains of the influx of staff and their numbers of 3 million and 900 employees," describing them as "balancing items."
He added that "we have a decision of the Council of Ministers in 2015 No. 282, which includes the granting of fuel and maintenance costs for 3 cars for the Minister and the director and the director of the car and one of the two vehicles, and the Minister distributes the expenses of the motor vehicles of the Department of the Ministry of space is therefore considered," adding that " In the budget; but there is hospitality and celebrations and stationery, "explaining that"
Al-Sari concluded his speech by saying that "the budget included the appointment only on the movement of owners, about 180 thousand jobs in the ministries of interior and defense and health and 33 thousand of them for electricity contracts, and budget instructions require ministries to announce jobs."
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Sari: Agricultural loans mostly for fictitious projects and our monetary deal left until the African countries {expanded}
[/rtl][rtl]Editorial date: 2019/3/27 23:33 • 623 times read[/rtl]
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[rtl](Baghdad: Al-Furat News) criticized member of the Finance Committee parliamentary, the head of the parliamentary wisdom bloc, Faleh al-Sari, dealing with monetary and banking in Iraq.
"The Ministry of Finance has not received the portfolio of a professional person to this day and the current Minister of Finance is not specialized and came by a political party and therefore his professional interest will not be in this ministry," he said, referring to the program "forbidden from the show" Very huge and financial mother is responsible for managing these banks and modernizing their systems. "
He stressed that "the distinction between employees and the private sector, the staff advances and loans and borrowing to the private sector and projects, noting that" the issue of employees subject to a conditional condition is to be the employee {home} salary, which receives through the {Master Card} of the bank, "He said.
He added that "we have two main banks (Rafidain and Rashid), and Rafidain took a wide area and gave in advance to the local government services salaries, either the Rashid Bank withdrew the license card and went to the Master Card and now is in the process of completing the procedures for the distribution of advances to employees.
"The interest in the Rafidain and Rashid Bank is different from being self-financing; but its capital is from the Ministry of Finance, and the interest rate is determined by the board of directors of the bank," he said, pointing to "the existence of more than [38] non-governmental banks and allowed to launch collateral advances."
He pointed out that "our banks are still primitive and did not live up to the level of international banks," explaining that "we are still dealing in cash salaries and advances, while all the world left the situation, including African countries, and the banking environment is not prepared and therefore affected the investment and private sector and national development Especially Rafidain Bank and rational, so we find bribery and blackmail are present in banks. "
The member of the parliamentary finance, "The advance of 10 million dinars, which gives the two rivers benefit 9% each month 241 thousand dinars, the total interest is 4 million dinars," noting that "our real problem and our ideas and socialism and communism in the management of banks, and our banks founded by politicians and traders benefited Of currency auctions. "
On the Commercial Bank of Iraq, Al-Sari explained that "all the topics that included the giving of advances to traders in the name of investment presented to the Finance Committee of Parliament and in turn formed a committee went to Erbil and Sulaymaniyah to search for buildings and projects surveyed by the exchange there, and after research and audit found that the properties purchased for the bank market value Less than the value of the buyer and found a double price in bonds and purchase and did not find guarantees at the moment of loan and then withdrew letters of guarantees.
He disclosed that "the $ 680 million, nearly a trillion dinars for projects invested only for the region," declaring that "Hamdiya dry Kurdish became a regional and national work, which caused corruption in the bank at the time and was exempted.
And Abizaid said that "the amounts have not been lost yet there is an investor named [Ahmed Ismail} invested the opportunity to get the amount, but he paid," asserting, "There are files on Hamdiya dry in integrity and justice."
He added that "agricultural loans mostly to the disposal of fictitious projects, the southern provinces were forced into the initiative agriculture, which focused its funds to the western regions, which failed by 50% and their funds wasted," noting that "after 2014 should be zero all this money and parliamentary finance prevented it and to pay back ", Recalling that" agricultural initiative funds amounted to one billion and 600 million dinars. "
"The Agricultural Bank is granting loans to agricultural projects and therefore its procedures are legal. Agricultural loans must be established and the director can manipulate them," al-Sari said. "Al-Khafaji was a sign of corruption, but the procedures of integrity and slow elimination allowed him and much Of spoilers to escape from justice, "noting that" the spread of corruption in all joints of the state, and if the citizen had a culture of law will not be able to manipulate one. "
In response to his objection to the paragraphs of the federal budget for the year 2019, said Sari, "The most prominent observations were about additions to the budget in parliament at the moment of voting and most notably the return of all dismissed in the West, while the private sector was dropped in the budget and the opening of issues of spending, "The government today complains of the influx of staff and their numbers of 3 million and 900 employees," describing them as "balancing items."
He added that "we have a decision of the Council of Ministers in 2015 No. 282, which includes the granting of fuel and maintenance costs for 3 cars for the Minister and the director and the director of the car and one of the two vehicles, and the Minister distributes the expenses of the motor vehicles of the Department of the Ministry of space is therefore considered," adding that " In the budget; but there is hospitality and celebrations and stationery, "explaining that"
Al-Sari concluded his speech by saying that "the budget included the appointment only on the movement of owners, about 180 thousand jobs in the ministries of interior and defense and health and 33 thousand of them for electricity contracts, and budget instructions require ministries to announce jobs."
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