Iraq Central Bank urges explanatory ruling

[k98nights]

Iraq Central Bank urges explanatory ruling

Tuesday, January 25, 2011 10:09 GMT

Iraq's central bank urged the Supreme Court to issue a second explanatory ruling that clarifies its first ruling placing it under the supervision of the cabinet, and not of parliament.

The Central Bank warns against the risks of keeping this ruling unexplained.

The advisor of Iraq’s Central Bank Governor Mazhar Mohammed Saleh noted that the Supreme Court should meet the Central Bank governor and board and explain the ruling, Saleh said.

http://www.alsumaria.tv/en/Iraq-News/1-59424-Iraq-Central-Bank-urges-explanatory-ruling.html

[easyrider]

hmm interesting now they are starting to fight who gets advised to the CBI looks like maliki is winning this battle and shabbs and saleh dont like it one bit but what are they supposed to do? the parliament will get what they want no worries here. ruling or no ruling they wont explain sh*t.

Edited January 25, 2011 by easyrider

[Stumpy]

Thanks k98 for the post, you have been hard at it again, Thanks Brother!!!

[jphillips]

Thanks K. Your posts are great and I really appreciate the time it must take to gather the news. This seems like a pretty standard power play for control of the central bank. I still think it will be more efficient for CBI to report to Maliki. I don't think the asset thing is a really big issue as they will have to pay back the debt anyway which would be more reason to do the RV sooner rather than later. JMHO.

[Liljohn]

AS ALWAYS THANK YOU FOR THE POST WOODY. YOU ARE A GENTLEMAN AND A SCHOLAR!

GOD BLESS AND LORD SEND THE RAIN!!!

[lechesuerte]

Thanks Woody. Wish they all could just get along and get this thing done.