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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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dizzydee
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lonelyintexas
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    CBI, Central Bank of Iraq,

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    CBI, Central Bank of Iraq,  Empty CBI, Central Bank of Iraq,

    Post by lonelyintexas Fri 12 Sep 2014, 5:27 pm

    Posted on 12 September 2014. Tags: CBI, Central Bank of Iraq, Central Bank of Iraq (CBI)
    Central Bank gets New Governor
    By John Lee.
    The Secretary General of the Council of Ministers, Ali Mohsin Ismail (pictured), has been appointed Governor o the Central Bank of Iraq (CBI), replacing Dr Abdulbasit Turki [Abdul Basit Turki Saeed].
    His position as GSCOM is to be filled by Dr. Hamed khalaf Ahmad.
    Mr Ismail said he was leaving his former position with full confidence and trust in his successor.
    (Source: Iraqi Govt)
    [You must be registered and logged in to see this link.]

    Well, let's see if this is the official CBI governor or do we wait for someone else.
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    CBI, Central Bank of Iraq,  Empty Re: CBI, Central Bank of Iraq,

    Post by Neno Fri 12 Sep 2014, 5:35 pm

    I was text about this earlier today but when getting home and checking t board,  it hadn't been posted yet.  TY lit, as I was about to head out for Friday Night Lights (football) ... ;)
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    Post by duck2000 Fri 12 Sep 2014, 5:52 pm

    old rehashed article of maliki apponitment .. not new CBI governor !
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    CBI, Central Bank of Iraq,  Empty Re: CBI, Central Bank of Iraq,

    Post by dizzydee Fri 12 Sep 2014, 9:11 pm

    duck2000 wrote:old rehashed article of maliki apponitment .. not new CBI governor !


    Duck how can that be when it said Ismail was replacing Turki?




    Ali Mohsin Ismail (pictured), has been appointed Governor o the Central Bank of Iraq (CBI), replacing Dr Abdulbasit Turki [Abdul Basit Turki Saeed].
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    Post by day dreamer Fri 12 Sep 2014, 10:54 pm

    dizzydee wrote:


    Duck how can that be when it said Ismail was replacing Turki?




    Ali Mohsin Ismail (pictured), has been appointed Governor o the Central Bank of Iraq (CBI), replacing Dr Abdulbasit Turki [Abdul Basit Turki Saeed].

    maliki put him in, just before he(maliki) was replaced...
    but the new prime minister Abadi is the one that gets to appoint the new cbi
    governer... so this person won't stay in that position unless Abadi decides to keep him (which I don't believe he will)
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    Post by dizzydee Fri 12 Sep 2014, 10:57 pm

    thanks day dreamer, I had forgotten about that. To much to remember at my age. lol
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    Post by Guest Fri 12 Sep 2014, 11:28 pm

    dizzydee wrote:


    Duck how can that be when it said Ismail was replacing Turki?


    Maybe it was just Ducks "bad reading"
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    Post by beverly508 Sat 13 Sep 2014, 2:00 am

    NO thankfully duck´s reading is par exellence!!!!
    Thanks lit and dd.
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    Post by duck2000 Sat 13 Sep 2014, 4:33 am

    abadi is the only one to appoint the cbi governor this was done BEFORE abadi was fully in place by maliki and not legal!
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    Post by duck2000 Sat 13 Sep 2014, 4:35 am

             
    [size=30]Arabs / Baghdad - intensifies in Baghdad these days, a conflict spoils of expression, which analysts say more accurate characterization of conflicts in the formation of the government, and all eyes in particular to the fate of the Iraqi Central Bank, which is the key to the crucial oversaw the country's wealth.[/size]
    [size=30]In the midst of the struggle for the formation of the Iraqi government and the distribution of positions, Prime Minister outgoing Nuri al-Maliki, a preemptive strike in the last week to retain his influence on the state treasury. 

    [size=30]has issued Maliki's decision to appoint one of his followers in the position of Governor of the Central Bank of Iraq, despite the fact that legal experts contend that the decision outside his powers due to the expiry of its mandate and the fact that his position is limited to the conduct of business until a new government is formed. And the voice of the Council of Ministers, last week voted unanimously to give the Secretary-General of the Council of Ministers on the Keywords belonging to the Dawa Party, the position of Governor of the Central Bank. [/size]

    [size=30]On Thursday last court issued a sentence of 7 years against the former central bank governor Sinan al-Shabibi, who was sacked by Maliki the end of 2012, which observers agree that the dismissal came because of its resistance to attempts by al-Maliki control of central bank reserves. [/size]

    [size=30]Analysts believe that coincided set Alak, who contend that it does not have any qualifications for this office delicate, with sentencing on Shabibi, aims to mixing Alawroaq and close the files of corruption many channeled in absentia to Shabibi. [/size]

    [size=30]adds analysts that the conviction Shabibi an extra step to confirm the survival of relationships in the office and continuing influence of al-Maliki on the state treasury Alaracah.oicol observers that dominate the Central Bank of Iraq is the cornerstone of Iranian influence in Iraq, because of the isolation of the financial system of the Iranian financial system Global because of Western sanctions, although financial institutions, especially the Iraqi Central Bank is the largest window for Tehran to deal with the global financial system.[/size][/size]
                      

    [size=30]Ali Mohsen Ismail Alak, an accountant and owner of a shop selling games become governor of the Central Bank! 


    [size=30]sees economic analyst Fadel Abbas Mehdi that "the imposition of the appointment of a member of the Dawa Party on the Keywords central bank governor represents a continuation of the policy-Maliki subjecting independent bodies to his influence over the appointment of his followers in positions they do not deserve professionally" . [/size]

    [size=30]the Cabinet had referred the beginning of this month, the central bank governor Abdel Basset Turki on retirement preparation for commissioning Keywords tasks central bank governor. [/size]

    [size=30]Though the decision stated that the appointment "agency" but that analysts fear Maliki sought to keep him in office in the context of political bargaining, especially after condemnation Shabibi by the judiciary, which observers agree that, under the tutelage of al-Maliki. [/size]

    [size=30]Some fear that the appointment is intended to influence the financial decisions of the Central Bank, which will be held daily sessions for the sale and purchase of foreign currencies with the participation of Iraqi banks, and sales to be either in cash or in the form of money orders sold abroad in return for a certain commission.[/size]

    [size=30]adds Mahdi that the decision comes at the end of the mandate of the caretaker government headed by al-Maliki, which raises a lot of questions about the meaning behind this time? [/size]

    [size=30]Observers say that the influence of al-Maliki absolute on the central bank began in October 2012 and managed Since then, control of the cash reserve, which saw many violations outside the terms of the country's public budgets. And launched the Maliki government wearer media campaign lacked professionalism and credibility to the leadership of the central bank, sparked outrage and ridicule and financial experts, bankers and professional circles and Iraqi cultural. [/size]

    [size=30]resulted in the campaign for the dismissal of Shabibi and the appointment of the President of the BSA then Basset Turki conservative proxy, in what was considered a breach of the most important principles of statutory audit . [/size]

    [size=30]ridiculed experts then collect it from the task of "judge and jury" of any presidency between the executive power in the presidency of the Central Bank and the Audit Court, which is supposed to be monitored and verified its decisions. The expert says that the Mahdi contradiction shows that in light of the central bank to deposit a large sum in the Mosul branch of at least 400 million dollars seized by the Islamic state.[/size][/size]
                                     
    [size=30]    

    [size=30]Observers contend that the dismissal of Shabibi was due to its resistance to al-Maliki's attempts to dominate the reserves of the central bank [/size]
    [size=30]    [/size]
    [size=30]did not hesitate Mehdi wondering, "Is he Turkish knows what will happen, and it was deposited huge amount of money there to facilitate the financing of criminals Daash? Or was little understanding basic tasks of the central bank to stabilize the dinar and the reduction of inflation? " [/size]

    [size=30]and adds that "the events of Nineveh economic, without doubt, were not in need of a huge amount of money in the coffers branch of the Central Bank of Mosul, which it captured Daash, and Turkish mixed at best conditions between the functions of commercial banks and the functions of the central bank, and at worst, some can predict things could be much worse! " [/size]

    [size=30]agrees observers with statements Shabibi that his overthrow was due not subject to the will of al-Maliki in the disposition of reserves, the central bank, and that al-Maliki managed since October 2012 from Control of the Bank. [/size]

    [size=30]says Mehdi The victims of the dominance of al-Maliki on the Central Bank and appointed officials lacked professionalism and prudence, "directed by better economic efficiencies and professional Iraqi not to mention the employees and staff knew mostly professionalism and seriousness in their work, which will loose the central bank a lot of his reputation without MPR." [/size]

    [size=30]The appointment of Keywords in the position of Governor of the Central Bank of Iraq until further notice, in the framework of a ripoff officials entourage and followers of the owners, especially in the Prime Minister's Office on the acquisition of government positions before the formation of the new government. [/size]

    [size=30]has already been assigned a lot of followers of al-Maliki on top of a lot of government institutions The bodies that are supposed to be independent. Observers fear of installing those people in office until after the formation of the new government deals under the quota system and the distribution of the spoils.Mahdi says that the commissioning Maliki hanger position of Governor of the Central Bank represents a continuation of the policy of inflicting the Central Bank of the executive power, a breach of the principle of autonomy in the formulation of monetary policy stipulated in the Central Bank Law. [/size]

    [size=30]adds that the appointment of Keywords confirmation "of the policy of al-Maliki in the subject of independent bodies to his influence over the appointment of his disciples in positions do not deserve it professionally in what is known as a policy set Cronies. " [/size]
    [size=30]    [/size]
    [size=30]Fadel Abbas Mehdi: the continuation of the policy of al-Maliki appointed his cronies in positions they do not deserve professionally [/size]
    [size=30]    [/size]
    [size=30]and confirms that this policy "will not benefit the Iraqi economy is ailing, but will cause damage to future heavy if not handled Prime Minister-designate Haider Abadi this it by re-activating the professional considerations in the appointments essential in light of his anticipated. " [/size]

    [size=30]data indicate documented that Ali Mohsen Ismail Keywords holds a primary in Accounting and Business Administration from the University of Mustansiriya in Baghdad. [/size]

    [size=30]show background essential that an accountant, and therefore ineligible scientifically in Economics of Monetary (Monetra Economics), a qualified required minimum for the management of the Central Bank and the monetary policy of the country. [/size]

    [size=30]As for qualifications process refers to that he worked in the field of accounting in Kuwait for a short time then moved to Montreal, Canada, where he founded the store to sell games and this practice had nothing to do the economics of money and monetary policy. [/size]

    [size=30]after returning to Iraq after the American occupation in 2003, appointed Mr. Alak inspectors of the Ministry of Oil, where he worked for nearly two years and this practical experience related to auditing, accounting, and not monetary policy. [/size]

    [size=30], and when he took Nuri al-Maliki as prime minister was appointed Keywords director-general of the Council of Minister, the executive function unrelated to the management of monetary policy. [/size]

    [size=30]Observers say the relationship was driving attempts to intervene to subdue the central bank to influence Prime Minister's Office, which was rejected by Dr. Shabibi contradiction with the principle of the independence of the central bank.[/size][/size]

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