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Trade Bank of Iraq illustrates the process of buying a building for its branch in Sulaimaniyah and denies the existence of suspicions of corruption
Baghdad / term
Trade Bank of Iraq illustrates the process of buying a building for its branch in Sulaimaniyah and denies the existence of suspicions of corruption
Baghdad / term
Stressed the Trade Bank of Iraq, on Saturday, that the process of buying a building for its branch in Sulaimaniyah undergone all the integrity and transparency standards, noting that the bank 's branch in Sulaimaniyah request to change the previous building that had been occupied because it has become worn and unsafe and seeping water to it from multiple places, and after study the board of Directors consists of: a representative of the Central Bank, and arepresentative of the Ministry of Finance, and a representative of the Ministry of oil, and General manager of the bank on demand, a committee was formed for the purpose of detecting the available land and buildings.
the trade Bank of Iraq, said in a statement the "long" received a copy of it, that " procurement process lasted for a long time because of the actions and approvals of the committees and their evaluations, to take more than a year, and subject to many conditions and requirements that must be provided in any similar process takes place in government banks, and according to proper legal procedures and controls in place in both the Ministry of Finance departments, and it was confirmed by the management of the bank etc. evidenced by thefacts, documents and certificates. "
he added trade bank statement he was " in March of 2011, the building is subject to the our bank for a project, and the ability of the price of a little price you bought is higher, and it was evaluating the price according to Jean - disclosure sent by the bank, and the Committee on Real Estate Sulaymaniyah includes (Director of real Estate Registration Department, and the architect of the land registry, the director of thebank 's branch in Sulaimaniya), in addition to real estate experts (brokers). "
the statement continued , " the consensus refers to the importance of buying the building when compared toother lands and other buildings, Vemoqaha, and specifications and the multiplicity decks, which help in any future expansion of the process, and they contain a secure basement, and provide parking place near them, all of that and other make everyone of committees, experts and companies drug assert their importance and without hesitation. "
a statement by the trade Bank of Iraq that" the building is located on Salem Street , one of the most important streets not only in Sulaimaniya, but also in the whole of Iraq, located on the four streets, one ofwhich Jawarbach Street, banks and corporate banking , financial and conversion Street, an area of 2030 meters contain seven floors , including the basement , which is the basis of the bank 's safety, and includes six floors (137 rooms and 54 apartments), and ground floor of which comprises ( a large reception hall, arestaurant and 4 air - conditioned shops centrally), and also includes 4 lifts a load half a ton, and lifts a load more than a ton and a half tons, "1600 kg", and the system of extinguishing fires, and built an excellent degree of granite and porcelain, and an annual revenue million and a half million dollars, which we we shall restore the principal amount in 10 years. "
He said the " board of directors chose the building because of its specifications, and authorized Ms. Director General of the Bank of negotiating a purchase and were shown eighteen million dollars and it began theprocess of negotiation , which lasted nearly two months, to be the result in the end of the price reduction is as much as 20% , or $ 3 million to be the price of $ 15 million. "
a statement by the bank that he" had been several operations to make sure that the real price of the building, holding comparative studies , including among other than he had before sent so many committees for thedetection and evaluation by the contracting process, where the building is the ability of the real estate registration department in Sulaimaniya , the largest amount of money that has been contracted, and must be noted here that the departments of real estate registration in the whole of Iraq estimated price always real estate amounting to less than the prevailing price, and pay the seller $ 300 million tax on the estimated value of the building, was also estimate the price of the building also by real estate companies, and some real estate experts, and the estimates indicate that price is higher than the price at which you bought it. "
He said the statement that "after ensuring fully from all technical and administrative steps, the contract was signed by the legal department of the bank, the financial section of the agreement on the payment method, have been sent contracts to the Office of financial supervision, got central bank approval for the purchase and leasing of excess section process needed the bank. "
He stressed that" the procurement process and the signing of contracts subject to more precise integrity and transparency standards they have since the beginning to end more than two hundred signed between the real estate circles the staff of the Central Bank, the financial Inspection Office and the staff of the bank and its committees and its board of directors, experts and the drug and its managers and real estate registration departments circles in the region and notaries public , this is a huge number of participants ensures theintegrity and transparency and accuracy action categorically do not accept the doubt. "
the trade Bank of Iraq, said in a statement the "long" received a copy of it, that " procurement process lasted for a long time because of the actions and approvals of the committees and their evaluations, to take more than a year, and subject to many conditions and requirements that must be provided in any similar process takes place in government banks, and according to proper legal procedures and controls in place in both the Ministry of Finance departments, and it was confirmed by the management of the bank etc. evidenced by thefacts, documents and certificates. "
he added trade bank statement he was " in March of 2011, the building is subject to the our bank for a project, and the ability of the price of a little price you bought is higher, and it was evaluating the price according to Jean - disclosure sent by the bank, and the Committee on Real Estate Sulaymaniyah includes (Director of real Estate Registration Department, and the architect of the land registry, the director of thebank 's branch in Sulaimaniya), in addition to real estate experts (brokers). "
the statement continued , " the consensus refers to the importance of buying the building when compared toother lands and other buildings, Vemoqaha, and specifications and the multiplicity decks, which help in any future expansion of the process, and they contain a secure basement, and provide parking place near them, all of that and other make everyone of committees, experts and companies drug assert their importance and without hesitation. "
a statement by the trade Bank of Iraq that" the building is located on Salem Street , one of the most important streets not only in Sulaimaniya, but also in the whole of Iraq, located on the four streets, one ofwhich Jawarbach Street, banks and corporate banking , financial and conversion Street, an area of 2030 meters contain seven floors , including the basement , which is the basis of the bank 's safety, and includes six floors (137 rooms and 54 apartments), and ground floor of which comprises ( a large reception hall, arestaurant and 4 air - conditioned shops centrally), and also includes 4 lifts a load half a ton, and lifts a load more than a ton and a half tons, "1600 kg", and the system of extinguishing fires, and built an excellent degree of granite and porcelain, and an annual revenue million and a half million dollars, which we we shall restore the principal amount in 10 years. "
He said the " board of directors chose the building because of its specifications, and authorized Ms. Director General of the Bank of negotiating a purchase and were shown eighteen million dollars and it began theprocess of negotiation , which lasted nearly two months, to be the result in the end of the price reduction is as much as 20% , or $ 3 million to be the price of $ 15 million. "
a statement by the bank that he" had been several operations to make sure that the real price of the building, holding comparative studies , including among other than he had before sent so many committees for thedetection and evaluation by the contracting process, where the building is the ability of the real estate registration department in Sulaimaniya , the largest amount of money that has been contracted, and must be noted here that the departments of real estate registration in the whole of Iraq estimated price always real estate amounting to less than the prevailing price, and pay the seller $ 300 million tax on the estimated value of the building, was also estimate the price of the building also by real estate companies, and some real estate experts, and the estimates indicate that price is higher than the price at which you bought it. "
He said the statement that "after ensuring fully from all technical and administrative steps, the contract was signed by the legal department of the bank, the financial section of the agreement on the payment method, have been sent contracts to the Office of financial supervision, got central bank approval for the purchase and leasing of excess section process needed the bank. "
He stressed that" the procurement process and the signing of contracts subject to more precise integrity and transparency standards they have since the beginning to end more than two hundred signed between the real estate circles the staff of the Central Bank, the financial Inspection Office and the staff of the bank and its committees and its board of directors, experts and the drug and its managers and real estate registration departments circles in the region and notaries public , this is a huge number of participants ensures theintegrity and transparency and accuracy action categorically do not accept the doubt. "
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