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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


3 posters

    Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck

    Hkp1
    Hkp1
    Hkp1
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    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck Empty Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck

    Post by Hkp1 Sat 29 Dec 2012, 5:40 pm

    Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy unchecked


    Posted on: 2: 41 pm, June 29, 2012 by ipa 2

    (IBA) unique to publish details of the minutes of the Parliamentary Commission of inquiry with the Central Bank (first episode)

    Iraq
    (IBA).The Central Bank issue raised a lot of questions and speculation
    about the circumstances that accompanied that led eventually to refer
    the case to the judiciary to investigate charges of corruption and
    financial management with the dismissal of Governor Sinan Al-Shabibi and
    Finance Control Manager named Abdel Basset Turki Governor.

    And
    as promised the independent press agency (IBA) as the documents will be
    published on the Parliamentary Committee the problem record to follow
    the policy of the Central Bank and the dollar exchange rate and auction,
    it publishes today the first part of the documentation.

    The
    record indicates that it had held several meetings with officials of the
    Ministry of finance and the Central Bank and financial control Bureau
    to discuss the matter, stating that the meetings were led by first
    Deputy Speaker Qusay Suhail and the presence of members of the
    Committee.

    The record shows that the Committee demanded the audit
    report detailed the results of auditing foreign currency auction
    transactions in 2012. Indeed the staff report No. 4/3/1/20089-on
    25/9/2012.

    On 2/10/2012 parliamentary Committee met to discuss
    the report of the Bureau and the information contained therein and has
    reached the following conclusions:

    I. report confirms a clear
    flaw in the instructions of the Central Bank on the foreign currency
    auction, as well as dominance and possession of a limited number of
    private banks from those instructions.

    Table blogger in the
    record ten banks gobbled up $ 17447490 (seventeen million four hundred
    and forty-seven million, four hundred and ninety thousand dollars) of
    the total amount (29982230) (twenty-nine hundred and eighty-two wemaetan
    and thirty thousand US dollars).

    Banks are:

    Middle East
    Bank was ranked first in the amount of 2701095 captured two billion and
    seven hundred and one million and 95 dollars.

    With United Bank
    for investment came in second place with $ 2387242 two billion, three
    hundred and eighty-seven million and 242 dollars.

    Followed by ranking North 2256615 Bank in the amount of two billion wemaetian and fifty-six and 615 dollars.

    Erbil 2023802 Bank, in the amount of two billion and twenty-three million and 208 million dollars.

    Either the Iraqi civil 1873553, Bank one billion wethmnmaeh and seventy-three million and 555 thousand dollars.

    While the Bank of Assyria to 1534961 billion, five hundred and thirty-four million 169 thousand dollars.

    Elaf Bank Islami 1355781 got billion and three hundred and fifty-five and 187 thousand dollars.

    Northern Bank 1179982 got a billion and one hundred and seventy-nine million and 982.

    Rasheed Bank also got to 1075835 billion and seventy-five million and $ 835 a.

    While Iraqi Islamic Bank 1058624 got billion and fifty-eight million and 623 thousand dollars.

    II.
    Parliamentary Committee record point in item II, inventory above banks
    trading group of companies and individuals, which led to the important
    concentration of buying and selling dollar and high rates and control
    the exchange rate, and below is a sample of those companies and
    individuals who took possession of the Central Bank auction with
    purchase (by parliamentary Committee report).

    Inc. Prairies Arabic Middle East Bank 140,000 23% one hundred and forty million dollars

    Manaf Ahmad Dawood Bank North 68749 17% sixty-eight million and seven hundred and forty thousand dollars and contribute

    Dawood Bank North 60510 15% sixty million five hundred and ten thousand dollars

    Emad Hassan Ali Erbil 51475 Bank 13% fifty-one million four hundred and seventy-five thousand dollars

    The Mir company Erbil 49763 Bank 13% forty-nine million seven hundred and sixty-three thousand dollars

    Erbil Bank commercial company Pamuk 49540 13% forty-nine million five hundred forty million dollars

    Company Hawra Valley United Bank 87885 33% wethmnmaeh eighty-seven and eighty-five thousand dollars

    Mountain flower company United Bank 39270 15% thirty-nine million two hundred and seventy thousand dollars

    Sultan kindergarten United Bank company 36067 14% thirty-six million and sixty-seven thousand dollars

    Al-Ahli Bank company selected Iraqi 34965 time 37% thirty four million nine hundred and sixty-five thousand dollars

    Fattah Abdullah Al-Ahli Bank of Iraq 15358 16% fifteen million three hundred and seventy-three thousand dollars

    Muhannad Al-Ahli Bank of Iraq guided by 13650 15% thirteen million six hundred and fifty thousand dollars

    Kamal Abbas elaf Bank Islamic desperation 41960 46% of forty one million nine hundred and sixty thousand dollars

    Improve Khalil Hassan elaf Bank Islami 29,265 31% twenty-eight and four hundred and forty-one thousand dollars

    The apparent company Islamic Bank of illaftrain 13790 15% thirteen million, seven hundred and ninety thousand dollars

    The
    record confirms that companies and individuals above divested $
    (731438) only seven hundred and thirty-one million four hundred and
    thirty-eight thousand dollars from the amount of sample (2298128) only
    two billion two hundred and ninety-eight million, and twenty-eight
    thousand dollars).

    The Committee blamed the banks more
    responsible for concentrating transactions but these companies and
    persons being lead to monopoly, leaving damage to the lower mean levels
    and traders.

    The record indicates that the Directorate-General
    for finance and credit control did you point to such reviews, although
    its obvious diagnosis of such irregularities.

    The Central Bank's
    investigations are still under way, while some accusations to the
    attached subject to money laundering and smuggling hard currency out of
    Iraq, leading to the high value of the dollar against the Iraqi dinar.

    Specialists
    say that the auction of foreign currency by the Central Bank monthly
    aims to control the exchange rate of the dollar against the Iraqi dinar,
    which has in recent years by the emergence of indications that the
    banking offices and dealers smuggling to neighboring countries.(End)

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    Cross-Eyed Mary
    Cross-Eyed Mary
    Cross-Eyed Mary
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    Posts : 36
    Join date : 2012-12-20
    • Post n°2

    Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck Empty Re: Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck

    Post by Cross-Eyed Mary Sat 29 Dec 2012, 5:55 pm

    When I worked for KBR in 2006, we were all told that you cant take currency out of Iraq because it is smuggling ....... So tell me? How is Ali getting this currency out without it being called "smuggling"?
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    Neno
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    • Post n°3

    Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck Empty Re: Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck

    Post by Neno Sat 29 Dec 2012, 6:09 pm

    Cross-Eyed Mary wrote:When I worked for KBR in 2006, we were all told that you cant take currency out of Iraq because it is smuggling ....... So tell me? How is Ali getting this currency out without it being called "smuggling"?
    Simple, he goes by the rules unlike many others, three signatures thru costumes and all transport fees paid. BTW, you can move and always could move $10,000.00 (a far cry of a amount) across the border from my information.
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    • Post n°4

    Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck Empty Re: Parliamentary Committee: 10 banks and 8 companies and seven people control of Iraq's economy uncheck

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