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No deal with the five major civil banks

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Hkp1
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No deal with the five major civil banks

Post by Hkp1 on Tue 05 Mar 2013, 9:23 am

No deal with the five major civil banks


Ali Salman-05/03/2013-8: 55 am

Finance
Committee revealed on the block deal with five banks eligibility as a
result of involvement in fictitious invoices if any sales to the Central
Bank of Iraq.

The Chairman of the Committee, said Haitham
Al-jubouri in a press release yesterday that his Committee "found
through preliminary investigations on a number of private banks involved
in the fictitious invoices, sales, estimated at 50 billion dollars, the
Central Bank said that banks and Bank North, the Tigris and the
Euphrates.

"These banks were referred to the judiciary and did not know whether there are excesses in those banks.

He
was blocked five banks handle eligibility and commit funds estimated at
millions it was capturing most of the Bank's dollar sales surprised
some politicians who have capital in the banks.

The Finance Committee earlier announced a Bill worth 50 billion dollars released by the Central Bank.

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