Mohammed Al-igaily, likely chose alternative Alshabibi next week

[Alexyn1006]

Mohammed Al-igaily, likely chose alternative Alshabibi next week

2012-11-03

Baghdad/JD/...Member of Sejm Deputy Mohammed Al-igaily law State that the names declared in the announcement for the post of Governor of the Central Bank is not fact, likely to be a substitute for Sinan Al-Shabibi next week.

He said Al-igaily l/JD/: "the corridors of the House traded names not three persons nominated for the post" Sinan Al-Shabibi ", noting that the non-disclosure and secrecy is part of avoiding to have inaccuracies in the subject or the circumstances of the sensitive Central Bank".

And Attorney, that the characters will come within the areas of differential geometry, efficiency, integrity and management, and improve the institution management proficiency and deputies will choose one next week with Iraqi Parliament sessions began.

The Court issued an arrest warrant against Sinan Al-Shabibi, Governor of the Central Bank of Iraq against a backdrop of suspicion.

According to the report by the Central Bank Supervisory Committee involving both the heads of the financial and economic committees and audit supervision of first Deputy Speaker Qusay Suhail: that investigators have determined that the sale of foreign currency for banks and specific companies themselves that have been smuggled to neighbouring States.

The Cabinet then decided to entrust the President of the Office of financial supervision Abdel Basset Turki management post of Central Bank Governor Agency, with a judicial arrest warrant against former Central Bank Governor and a number of officials in corruption.

The Financial Committee member MP Magda Tamimi described the report issued by the Presidency of the Parliament over the Central Bank's hasty and unprofessional.

And media trading names for the post of Governor of the Central Bank, conflict between number three and four figures, "Zia added, safety smeisim, the appearance of Mohammed Saleh and Ahmed albrihi./finished/11 n

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News details

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A Joint Committee of Parliament chose an alternative, the Governor of the Central Bank

2012-11-03

<p align="justify">Baghdad/JD/...The Iraqi Council of representatives form a Joint Committee of the financial and economic committees to choose a candidate to become Governor of the Central Bank of Iraq.

The Office is managed by the head of the agency audit Abdel Basset Turki after recent actions against the Bank.

Member of the Chamber of Deputies, said attorney Mohammad Al-igaily law State/JD/: that Parliament form a Joint Committee of financial and economic membership MPs Haitham Al-Juburi and Majida Al-Tamimi, a number of members of the committees to resolve the post of Central Bank Governor next week. "

Al-igaily said that "this Committee will select a candidate who will vote on it later in the House".

The Court issued an arrest warrant against the Iraqi Central Bank Governor Sinan Al-Shabibi on the background of suspicions./finished/22

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[Butifldrm]

Thanks Alexyn for the post. I hope one day Shabibi is able to clear his name. I think it is very probable he will never return to his post as the Governor of the CBI. IMO, if he bares any guilt at all, in the CBI corruption of currency manipulation, he was buying/bringing back IQD into the CBI on the cheap. Correct me if I'm wrong, but wasn't Shabibi scheduled to retire next month? I doubt seriously the new Governor will make that many changes between now and next month, that were not already planned.

[Alexyn1006]

I agree, Butifldrm....Right after they announced Shabibi's dismissal, I read as well as heard through the grapevine that he planned to retire and so perhaps to save face, Maliki or the GOI made these accusations against Shabs?