Former official of the Central: trial with 30 employees on charges of not being investigated

18-06-2013

BAGHDAD / Mohammad Sabah

Download a former deputy governor of the Central Bank, on Monday, the responsibility of political parties instability experienced by the Bank's management since the beginning of this year. He said the appearance of Mohammed Saleh, in an interview with the "long" that the conflict on the management of the central bank and ignorance of the nature of the work they are two main reasons for being accused of wasting public money, a charge that will be tried out with 30 people from his colleagues Thursday, criticizing the sufficiency remarks BSA and not to conduct an internal investigation to determine the truth of the charges.

Saleh pointed out that the money laundering unit enjoys absolute powers of investigation to increase demand for the currency, but failed to carry out its mission, stressing that the current management of the Bank sell the dollar at a higher rate than the former.

He faced the CBI, late last year, sharply criticized because of the high demand for the dollar led to the issuing of arrest warrants on bank governor Sinan al-Shabibi and his deputy, the appearance of Mohammed Saleh during their participation in an international conference. Saleh halted, after returning to the country, for a period of increased month on charges of "deliberately wasting public money" but the pressure exerted by activists civilians contributed to change the charge to "waste of public money" only, and released on bail in March last year.

The Cabinet decided, in October last year, the prime BSA Abdul Basit Turki functions of the central bank governor agency instead of Alshabibi. The fact-finding committee in matches Development Fund of Iraq revealed, in April, the central bank sold during the past six years in operation auctions conducted by about $ 207 billion, equivalent to 56% of Iraq's oil revenues in those years. MPs accused the economists, politicians and the central bank over the past months, to burn "an average of four billion dollars a month in hard currency auction for the benefit of ten banks."

Two days before undergoing the trial, saw the appearance of Mohammed Saleh said that "the process of charging the Bank's management the previous focus on auction sales that allegedly exceeded the needs of the Iraqi economy, which means that he needs is half the quantities sold," adding "the second charge is the fluctuation of the exchange rate, which holds the bank despite the presence of external factors hit the economy and the local market at the same time. "

But Saleh confirms that "the facts have proved that the sales of the current Directors of the Bank is still subject to the same procedures for the work of the previous administration if not the safest performance of the previous administration."

And on the high exchange rate of the dollar in recent months, shows the former deputy central bank governor said that "the reason for this rise is to try the current administration's talk about the sale of half the quantities usual in order to give a picture of mismanagement crew former central bank and it had wasted public money, but things took place on Unlike what they were expecting. "

The benefit of "Central Bank Governor current Abdul Basit Turki said, last March, that Iraq needs to sell 500 million dollars a week is equivalent to two billion dollars every two months, but the Parliamentary Integrity Committee revealed the sale of $ 4.7 billion during the month of May last year and this shows the sales volume high and its relation to the law of supply and demand. "

He said the former deputy governor of the central bank to "the existence of political will try to change the bank officials and the use of others enjoy the loyalty of some of the political blocs at the expense of talent and personalities that have a long tradition in economic work."

He says following up his speech for the "long" that "the origins of action in cases of corruption that there will be an administrative investigation within the central bank to know the truth," pointing out that "the BSA made his remarks on the currency auction of the fact-finding committee which took them directly and issued its decisions without face right, "asking," Is the issue has become just switch the administration of the place? "

And confirms Saleh said that "sales of the bank increased the sales by the presence of the previous administration, which was assigned to the stability of the dinar against the dollar," adding that "the current administration open auction currency for six days while we sell for just five days, which increased the quantities sold compared to the previous period. "

Attribute the economic expert criticism and charges faced by the crew former central bank to "conflict on the positions between the political blocs in addition to ignorance action the central bank is what brought us to the courts and there is no other topic also promoted other," and believed that "the issue of the Central Bank of mixed where the leaves and concepts and ignorance and began where many victims because of this culture. "

The date of his trial new, says Saleh "shots were released on bail on charges of wasting money, and will be on 20/6 as the date for pleading this issue with the 30 employees at the Central Bank among them five people detained for months was not released until this moment for unknown reasons," referring to "The presence of a lawyer and one me in this case there is no coordination between the rest of the other staff regarding this issue."

Explains the former deputy governor of the Central Bank that "the charge against me on the back of my signature bank instructions to regulate the purchase of foreign currency from banks and customers and the organization of the Bank's work with its customers in order to form a database of our own."

Saleh saw that "money laundering department responsible for checking illegal contraband funds because they have absolute authority without reference to the Governor of the Bank to the rule of law, but were not at the required level."
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