Alsumaria News / Baghdad denied the Iraqi Central Bank, on Wednesday, claimed responsibility for the loss of the $ 17 billion from the Development Fund of Iraq, which was created after the war in 2003, stressing that the Bank’s mandate in the management of the Fund was a formality in the era of U.S. civil administrator Bremer.
The deputy governor of the Bank CBI appearance of Mohammed Saleh in an interview for “Alsumaria News”, “Development Fund for Iraq, which opened on behalf of the Central Bank of Iraq and let the Reserve Bank of American, not the central bank responsible for the administration, but the power to dispose of withdrawals and deposit and orders of exchange were the responsibility of the Governor L. Paul Bremer, “noting that” the Bank had the powers of formal and not real in the management of the Fund until the receipt of Iraqi sovereignty on 28 June 2004. “
Saleh added that “the bank was not responsible for the loss of the $ 17 billion, but the amounts lost in the era of the civil administrator Paul Bremer, “pointing out that” the American side is the one who took the initiative to investigate the loss of these funds in 2005 after a suspicious behavior of financial incorrect. ” and that the benefit of “the Central Bank of Iraq and since the receipt of the Development Fund for Iraq checking accounts are a fundamentalist, and there continued scrutiny and reliable operations of exchange and deposit of funds deposited into the Development Fund of Iraq. “
The Deputy President of the U.S. central bank that “Iraq has formed a committee to follow up the money lost under the chairmanship of Deputy Prime Minister and the membership of the Minister of Foreign Affairs, Justice, Finance and Financial Control and the Governor of the Central Bank, as well as senior advisors in the the Iraqi government to pursue this, “stressing that” Iraq can not give up, because this money back to the Iraqi people. “
The Development Fund for Iraq, DFI was established in May of 2003, by the Director of the Coalition Provisional Authority was recognized, by a decision of the Security Council of the United MMA 1483 and after the dissolution of the Coalition Provisional Authority in June of 2004, was mandated by the U.S. government by the Government of Iraq to manage the funds of the Development Fund for Iraq, which were made available for reconstruction projects, and the U.S. Department of Defense Department funds the fund on behalf of the the U.S. government, has been withdrawn authorization as of 31 December 2007.
A report by the U.S. Defense Department confirmed that an investigation conducted and showed that the funds reconstruction program the U.S. provided to Iraq in 2004 and is said to have been lost in mysterious circumstances, were not lost was not stolen but was transferred to Central Bank of Iraq which is found it is now.
The Integrity Committee in the Iraqi parliament and issued in June 2011, a formal letter to the United Nations says that the “data all indicate that the organizations of the United States in Iraq, committed corrupt financially through the theft of $ 6.6 billion allocated to the program U.S. reconstruction.
It is expected to issue another report on the audit in January 2012, on the amount of $ 2.8 billion used by the agencies under the Ministry of Defense, including the Corps of Engineers U.S. Army to take actions reconstruction projects in Iraq.
The Iraqi Council of Ministers announced on 6 October 2011, the formation of a special committee to follow the disappearance of $ 17 billion from the Development Fund for Iraq, and periodically report monthly to the Committee to Protect Iraq’s money, noting that it includes representatives of the Ministry of Finance and Audit Court and the Central Bank.
