15/10/2012 08:32
Confirmed the parliamentary committee on verification of the transactions of the Central Bank and the existence of documents and evidence against the central bank governor and a number of other powerful personalities where a banner to complete the procedures for questioning the central bank governor in parliament.
spoke member of the Parliamentary Committee MP Haitham al-Jubouri In a statement to (Brief Center for the Iraqi Media Network) yesterday for complete files and procedures for interrogating Iraqi Central Bank Governor Sinan al-Shabibi during the coming sessions of the House of Representatives.
Jubouri confirmed the existence of documents and evidence against the governor and a number of other powerful personalities within the central bank which is what happened verified by larger regulatory authorities in the country such as the House of Representatives and the Office of Financial Supervision and the Integrity Commission which led to the conviction of the Iraqi judiciary.
Jubouri said that the most prominent charges of corruption within the bank are those relating to auction the central bank saying that the issuance of arrest warrants against this or that official or questioning is normal in order to show the facts to the people and summarized the functions of the Central Bank of Iraq to maintain price stability and the implementation of monetary policy, including exchange rate policies and management of foreign currency reserves and the issuance and management of currency, in addition to regulating the banking sector.
Jubouri said that while the Constitution provides that the House of Representatives shall control the operations of the Central Bank, the Article 24 of Law No. 56 stipulates that there is coordination between the executive branch represented by the government as responsible for the country’s fiscal policy and the central bank as responsible for monetary policy and said the Iraqi Central Bank earlier said he was ready to cooperate with the investigative parliamentary committee about his dealings currency auction sale yesterday vowed to prosecute accused him of corruption through the judiciary. announced to the fact-finding committee set up by the House of Representatives, which includes the heads of (Economic and Financial Committee and the Office of Financial Supervision) last month and collusion of some officials and advisers in the Central Bank issue currency auction sale. was a member of the Finance Committee Haitham al-Jubouri revealed early last month about the involvement of influential political figures did not identify the phenomenon of smuggling between 5 and 10 million dollars a day through an auction sale currency and stressed that part of the money goes to support terrorism.
