Iraqi funds withheld by the U.S. central bank .. The Iraqi government is unable to act reservoir cas

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Iraqi funds withheld by the U.S. central bank .. The Iraqi government is unable to act reservoir cash abroad Iraqi



BAGHDAD / future Iraqi
Said Source Early in the Central Bank of Iraq that the Iraqi government is unable to act reservoir cash abroad, because it is lodged with the U.S. central bank.


He stressed that the latter had already agreed with the United Nations and the Department of the Central Bank of Iraq to reject the transfer any amount outside the framework of the budget.

The experts predicted the end of the crisis CBI fear exposing big names in the political center and financial, which was confirmed by sources familiar with the investigation, pointing to a judicial decision to release the deputy governor of the Bank appearance in favor and 30 employees were arrested earlier, according to the newspaper «life» London .

The Supreme Judicial Council issued on 19 October last arrest warrant against the central bank governor and a number of officials in corruption cases, and arrested 32 staff with the governor's refusal to Shabibi decision.

The leaked from sources within the central bank details of the implementation of the arrest of the deputy governor and showed that the warrant included three officials are Governor Sinan al-Shabibi and his deputy, the appearance of Saleh and General Manager of the banking sector Ali Abu Nayla.

The sources added that Shabibi and Abu Nayla not surrender themselves to the concerned authorities, but Saleh turned himself in after the security authorities arrested some members of his family.

She noted that the investigators concluded achieved with the deputy governor and is satisfied that there is no evidence incriminating, and decided to end his detention on bail pending completion of the investigation, but the security authorities represented by the Ministry of Interior refused to release him or allow the media confronted inside prison «upper» in Baghdad.

A source close to the investigation committee that «the number of staff of the Central Bank beyond 1235, distributors headquarters and four branches in Nineveh and Basra, Dohuk and Sulaymaniyah. He explained that the number of detainees less than 30, including 22 female and four officials, explaining that the reason for their arrest was that they were members of the board committee, where four staff members are elected to serve under the authority of the Board of Directors.

He confirmed that investigators had evacuated the last for the members of the Committee and some employees because they are not really concerned. And the latest developments in the investigation pointed out that «the art is that the central bank adopted five banks eligibility to sell the dollar, and these banks offer to auction the bank to list in exchange for any amount of purchase, then implement the conversion and here are the responsibility of the Central implied not directly».

The «has not issued any arrest warrant against officials of private banks involved while making sure of its involvement money laundering operations or smuggled out of Iraq. He was a member of the Finance Committee parliamentary Hassan Ozmn announced told media three weeks ago, that Iraqi funds abroad are exposed to the risk of international trusteeship because of the participation of the United Nations to investigate the issue of the Iraqi Central Bank, expected to appoint UN special rapporteur to monitor the movements of Finance of Iraq, but the Iraqi Foreign Ministry denied this.

Noteworthy that the Iraqi Central Bank announced in August 2012 Iraq's reserves rise of hard currency to $ 67 billion from 63 billion. Furthermore, official denied the central bank can manipulate government these precautions, and said: «is still under the tutelage of the United Nations under paragraphs seventh item, and proceeds from the sale oil goes directly to the account itself, and even going out of the trusteeship is already present in the bank U.S. who refuses any requests issued by the Iraqi government regarding financial withdrawals outside the framework of the budget, and this is agreed with the United Nations to prevent any theft operations in Iraq, which continues to suffer instability.


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onecinful1 wrote:just for you Neno OMIF!!!! what the CBI has in hard currency / foreign reserves has nothing to do with GDP,,, WOW , priceless!!!!! TFF

BTW, foreign reserves is hard currency and, is a factor in determining the exchange value for a country not under sanctions. I agree, TFF & PRICELESS!!!.. ;)

please produce your links, when comparing CBI foreign reserves 67 billion dollars "
Noteworthy that the Iraqi Central Bank announced in August 2012 Iraq's reserves rise of hard currency to $ 67 billion from 63 billion" [You must be registered and logged in to see this link.] and GDP which is expected to grow by 9% [You must be registered and logged in to see this link.]

OMIFA!!!!!

onecinful1 wrote:please produce your links, when comparing CBI foreign reserves 67 billion dollars "
Noteworthy that the Iraqi Central Bank announced in August 2012 Iraq's reserves rise of hard currency to $ 67 billion from 63 billion" [You must be registered and logged in to see this link.] and GDP which is expected to grow by 9% [You must be registered and logged in to see this link.]

OMIFA!!!!!

I did, stop over looking them.
Even the link you showed states too.... TFF!!


Iraq’s economy
should grow nine per cent this year as the Opec nation’s oil production
expands and international reserves are expected at between $ 105 billion
to $ 110 billion by the end of this year, a central bank official said
on Friday.

Neno wrote:lol, there you go again, putting words in others mouths. I never said OPEC sets rate but I will say OPEC is apart of the game cause the main game is OIL when concerning the GDP or what ever for the middle east value. GDP play a big role (only role), in determining how the IMF sets a recommended value that a country still doesn't have to go by unless, they are under sanctions, like Iraq.... ;)

prove it with links not opinon's, produce an actual link proving your statement, I want to see it!!!!!

onecinful1 wrote:



prove it with links not opinon's, produce an actual link proving your statement, I want to see it!!!!!

You got to be kidding me again with this "PROVE YOUR LINKS", they are the same links but it doesn't matter as you have your thoughts on the same links. The links are there, you just continue to see it different, you know like dyslexia, istis actually black and white and not white and black.. ;)

you took this thread from CBI to GDP changing the topic to whatever your intention is to make me look bad, but when reading the thread shows who's the idiot!!!!! thank you for proving my point!!!!

Neno wrote:You got to be kidding me again with this "PROVE YOUR LINKS", they are the same links but it doesn't matter as you have your thoughts on the same links. The links are there, you just continue to see it different, you know like dyslexia, istis actually black and white and not white and black.. ;)

the only reason you don't produce alink to back your statement is because there is Not One on this thread or any other thread !!!!! but if it make you feel better ,,, pat yourself on the back,

onecinful1 wrote:you
took this thread from CBI to GDP changing the topic to whatever your
intention is to make me look bad, but when reading the thread shows
who's the idiot!!!!! thank you for proving my point!!!!

IDIOT!!
You wish. You are your counterpart "Crazy Eye One do that all by y'alls
self. Y'all come here to blast other members and I have tolerated it so
maybe I am a idiot. Break another freaking rule of MY board, and your
out. Go play y'all s dyslexia games with IQD Team. BTW, you wish I took
GDP for CBI as you know I haven't... lol

just produce the link and end this!!!!! maybe I'm missing it, so please repost it

if asking for proof with links, and if that "offends or blasts" someone, so be it!!!!! lol