A document. Financial control warns of glitch due to retirement law

A document. Financial control warns of glitch due to retirement law
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Monday 06 April 2020 - 09:13

A document. Financial control warns of glitch due to retirement law
Baghdad- Conscious
The Iraqi News Agency (AA) obtained a letter issued by the Federal Financial Supervisory Office and addressed to the Speaker of the House of Representatives, in which he warned the Diwan of being subjected to an emptying and imbalance in its advanced staff following the new amendment to the retirement law, pointing out that the Diwan has not been exposed to such a situation since it was founded in 1927.
The document noted that the above-mentioned book was issued on 11 December 2019, with copies of it to the Office of the President of the Republic, the Supreme Judicial Council and the Head of Public Prosecutions. 
The Federal Financial Supervisory Office addressed the House of Representatives through the document that "we would like to inform you about the position of the owners of the Federal Financial Supervisory Office after the implementation of the Amendment Act of the Unified Retirement Law No. 9 of 2014, and the Decision of the Council of State 74/2019, regarding the inclusion of the heads of independent bodies with the legal age of retirement referral of 63 years."
 "The number of people who would have been retired on the basis of the Unified Retirement Law No. 9 of 2014 is 15 employees with different addresses, including the title of expert and assistant general manager," the diwan said.
He added that "the number of people referred for retirement based on the amendment law amendment to the Unified Retirement Law, which was passed by the House of Representatives and has been in force since the beginning of this year, 155 employees from the title of Director General Assistant Director General, expert head of a financial supervisory body and of various disciplines."
"The head of the Federal Financial Supervisory Office is referred for retirement on the basis of the aforementioned decision of the Council of State," the diwan noted.
"As of January 2, 2020, the total number of people who are retired will be 170 from the leadership positions of the Diwan and The Middle East, such as assistant director general and expert, and for various disciplines, as well as the administrative vacuum of the presidency of the Diwan," he said.
"Based on the above, the performance of this cabinet will be very difficult under the amended Law No. 31 of 2011, as well as the mandates of the parliamentary committees and the members of parliament, the judiciary and the Integrity Commission," he said.
According to the Diwan, there was a defect in the decisions of the Financial Supervisory Board after the referral of the head of debt agency and general managers for retirement as of 2 January 2020, where the quorum does not complete the meetings of the Supervisory Board, and the disruption of its powers, pointing to the paragraphs (first, second, third) of Article 20 of the Law of the Court No. 31 for the year 2011 amended, that the Financial Supervisory Board consist of (the chief of the cabinet and two deputy heads of the cabinet vacant) (vacant) Currently, the general managers of the diwan departments are members and the Council convenes at least a month and the quorum is completed in the presence of at least two thirds of its members and its decisions are taken by a majority of the attendees, as the number of general managers who continue to serve 9 directors general manager refers three of them to retire in 2020 and 2021, i.e. the total number of them will be only 6 out of the 21 members including (chief of staff and two deputy chief of staff (currently vacant)." 
The Office of Financial Supervision concluded its book, noting that "by reviewing the process of this office, which was established in 1927 and after 92 years, it has not been subjected to the emptying and imbalance in its advanced staff and assistant directors general and experts and the various disciplines mentioned in this number and type after the implementation of the amendment of the retirement law as of
2/1/2020.

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