Parliamentary Finance: state banks granted loans worth billions of dinars guarantees illegal
Baghdad / Muhannad
The financial committee member Majda al-Tamimi, in an interview with (long-Presse), "the Commission has formed a committee under my chairmanship to investigate the granting of financial loans by some State-owned banks without collateral or symbolic guarantees are not commensurate with the amounts estimated contrary to the instructions approved file," indicating that "the Commission has identified a group of beneficiaries of those loans. "
Tamimi added that" the investigation showed that the borrowers did not pay the installments due on them and the benefits of it, "noting that" the existence of corrupted files in this topic starting from the approval of these loans, down to the lack of follow-up to the payment of installments or get benefits, what raises many question marks. "
Tamimi added that" the investigative committee held a series of meetings with the authorities concerned to grant such loans to determine the circumstances of the file ", pointing out that it" cost the BSA to provide the Committee with a detailed report on the subject. "
she MP for the Liberal bloc that" the Commission's investigation is currently focusing on a large government banks (unspecified), on the basis that he acted with public money ", stressing that" the Commission will send its final report to the integrity Commission to take appropriate action on it. "
the Committee on the economy and investment representative confirmed, Sunday (18 / December II / 2016), that most of the loans and advances, the government went to those with special grades of politicians. And as pointed out that the government lacks the strategic plans in the distribution of the 100 salary loans, financial expert called for the application of laws on lending system and impose control over those funds.
A member of the Committee on Economy and Investment parliamentary Nora Albjara, in an interview for the "long", "Most loans 100 stipend launched by government employees previously not benefited ordinary employees, but only benefited owners and senior special grades and general managers and judges only, "adding that" there are difficult at the moment for the deduction of the amounts of such loans from ordinary employees, due to lack of their salaries as a result of the financial crisis the country is experiencing. "
She stressed by saying that" those with special grades who are between the salaries of the 3.5 million dinars has been withholding them for a period but stopped for various reasons, so the government today demanding that they pay off discharged because of the financial crisis and lack of liquidity , and the need for banks to these amounts to activate the economic sectors that will move the local market. "
It is noteworthy that money laundering and economic crime court revealed earlier, for a number of government and private banks to give large sums of loans without collateral. As promised, this constitutes a "theft Musharanh," many acts against some borrowers and to cooperate with the central bank to recover those loans confirmed.