Central Bank of Iraq denies deposit funds in Arab banks and threatening to sue a House of Representa

Central Bank of Iraq denies deposit funds in Arab banks and threatening to sue a House of Representatives


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Editor: AF, NK
02/06/2013 12:42


Range Press / Baghdad

He denied the Iraqi Central Bank, on Sunday, to be deposited money in the banks of eligibility Arab, and considered that the promotion of such news comes in the framework of "insulting" to the bank's reputation and "face" policy in the fight against corruption, stressing that it reserves the right to "prosecute" a members Iraqi Council of Representatives publicly stated so.

The central bank said in a statement received (range Press) copy of it, "once again shows a member of the House of Representatives, to talk topics respect to some of the Central Bank of Iraq has already been to the bank that student politicians or wanting to go into such topics stand on the health issues that they have, do not especially since some are real and illogical for a specialist, and thus does not lose these credibility if their destination reform. "

The bank did not name the Attorney intended but stressed that the remarks made by Iraqi satellite on Friday, 31/5/2013.

The statement added that "the MP said that the central bank was deposited in three Arab banks billion dollars interest rate of 3% seems to be MP is the beginning of quite as announced, because the mechanism of action of the Central Bank of the currently approved are filing in central banks and only in countries that have credit ratings of more than well and is performed by a decision of the Board of Directors of the Central Bank, "noting that" MP if he asked for it to Avdnah this simple information. "

The statement said, "In light of the above, it has become clear to us that such a chatter used to meet the Bank's policy Avenue in uprooting the corrupt and parasites, and his defense of the men bankers serious and actors in building the economy of Iraq," and expressed regret for "the insistence of some on the follow-up campaign of misinformation to the public Quran and abuse the reputation of a national institution such as the Central Bank. "

The statement stressed that "the Bank reserves the right legal establishment of litigation over what was stated in that interview from abuse and misleading because the confusion information public and shuffling papers in front of him does not constitute an abuse of the central bank and the banking system only, but also to harm the system the national effort to build institutions and boost the economy and weakens confidence in any decisions and mechanisms can be produced by the state, "noting that" this What تبتغيه forces that work in favor of blocking the march of the country even if it is not Mr. Attorney or other, meaning that. "

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Central Bank announces prosecuted a member of the House of Representatives for "misreading and mislead"



SUNDAY, JUNE 2, 2013 11:59

Twilight News / announced the Central Bank of Iraq, Sunday, prosecuted a member of the Iraqi Council of Representatives on the back of "misreading" of the bank's reputation, "mislead" public opinion on the banking business.

The bank said in a statement obtained by "Twilight News", a copy of that "one of the members of the House of Representatives said during a television interview that the central bank has deposited in three Arab banks billion dollars interest rate of 3%."
He added that "this is the beginning of MP on what is going on, where the mechanism adopted at the bank is a deposit with the central banks only in countries that have its credit rating more than good, and is performed by a decision of the Board of Directors of the Bank."
He explained that "these misguided conversations used to meet the Bank's policy to uproot the corrupt Avenue, parasites, and his defense of the men bankers serious actors in building the economy of Iraq."
The statement noted that "confuse the public information and shuffling papers in front of him does not constitute an abuse to the central bank and the banking system only, but also to the system of the national effort to build the institutions and support the economy and weakens confidence in any decisions and mechanisms can be pursued by the state."
He stressed that he "reserves the right to legal establishment of a lawsuit over what was stated in the interview conducted by the MP from abuse and misleading to the Bank's work," calling for "political or wishing to go into such topics, stand on the health issues that they have, especially since some are real and sense for specialist priori. "
The central bank held sessions daily currency auction except Fridays and public holidays, with the participation of a group of Iraqi banks, is the buying and selling of foreign currencies, and the Central Bank of the process of the currency converter sold abroad, for some companies and citizens for a commission certain.
The Central Bank of Iraq group of specialized committees to combat money laundering, crime funds and the financing of terrorism, and it was the Anti-Money Laundering Act of 2004 Iraqi establish supervisory procedures due to banking institutions, particularly ones.
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