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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    Parliamentary Integrity Committee accuses former Iraqi Central Bank employee of being behind US sanc

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 282968
    Join date : 2012-12-21
    • Post n°1

    Parliamentary Integrity Committee accuses former Iraqi Central Bank employee of being behind US sanc Empty Parliamentary Integrity Committee accuses former Iraqi Central Bank employee of being behind US sanc

    Post by Rocky Sun 01 Dec 2024, 6:58 am

    Parliamentary Integrity Committee accuses former Iraqi Central Bank employee of being behind US sanctions


    [You must be registered and logged in to see this image.]

    2024-12-01 05:23
    Share
    font
    Shafaq News/ The Parliamentary Integrity Committee accused, on Sunday, a former employee of the Central Bank of being behind the banking sanctions imposed on some Iraqi banks by the US Federal Reserve. 
    The number of banks sanctioned is 32 out of 72 banks operating in Iraq. 
    Member of the Parliamentary Integrity Committee, Vian Dakhil, said in a statement received by Shafaq News Agency, that a former employee of the Central Bank hid emails received from the Federal Bank, JP Morgan and Citibank to inquire about some topics related to the bank's work. 
    She added that failure to respond to these issues led to some banks being punished, stressing that most banks do not know the reason for the penalties imposed on them. 
    On the other hand, economic expert Mustafa Akram Hantoush told Shafak News Agency that the statements of the members of the Parliamentary Integrity Committee are closer to reality than the statements of the Central Bank of Iraq. 
    He added that the collapse of the Iraqi banking system and the punishment of 32 Iraqi banks without any clear charges during a period of (a year and a half) is not normal and from the banking work perspective this may be the first incident of this kind in the world.
    Hantoush pointed out that the worst thing is the lack of serious solutions by the Central Bank of Iraq to this situation, but rather the move towards cancelling the (Fitr) platform by the end of 2024 and handing over the dollar file to banks affiliated with foreign investors and banks (Jordanian and Gulf). 
    Hantoush wondered whether the Central Bank of Iraq knows that by not finding solutions for the Iraqi banking sector, it will fire the mercy bullet at the entire Iraqi banking system and it will be punished as a whole, which will lay off nearly (100) thousand workers in the Iraqi private banking sector in favor of Jordan and the Gulf States, and why are Iraqi banks not guaranteed to open an account for them in the correspondent banks in dollars (Citibank / JP Morgan) like the countries of the region did.
    He continued, "Why has the mechanism for cooperation and auditing with Ernst & Young regarding transfers in currencies other than the dollar not yet been determined and announced?"
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Tue 21 Jan 2025, 3:00 am