Maliki is planning to overthrow the Iraqi Central Bank Governor

[jmw]

People in particular:

A source of political beginning for (people), on the efforts made ​​by Prime Minister Nuri al-Maliki for the overthrow of the Iraqi Central Bank Governor Sinan Shabibi on the back of refusing a request by the government earlier borrowing from the financial reserve to cover the expenses of the Iraqi government.

The source, who asked not to be named in his interview for the "people", that "there is a serial in Iraq run by the ruling party and the will of the party leader al-Maliki, who is serving fabricating charges against opponents regardless of the consequences of political and legal," adding that "the Bank CBI will be a target for the owners after the completion of the issue of the Public Integrity. "

The source added that "Maliki will move in the coming period for the purpose of overthrow of the Governor of Central Bank of Iraq Shabibi, which declined in the past for lending to the government of the reserve bank to cover some expenses depending on the Bank Law," pointing out that "Shabibi will be the next target after the Commission on Public Integrity, which resigned Chairman on the back of political pressure. "

And rejected the Iraqi Central Bank's efforts in 20,009 government to borrow from the Reserve Bank funds to meet the shortfall in the budget, the bank promised to step in violation of the law, and a violation of the independence of the Bank. And then called on the government to resort to the application of long-term economic policies, and not to rely easiest ways to bridge the budget deficit.

He accused the Central Bank of Iraq, Monday, the past government agencies to block the idea of monetary reform in Iraq, said while he would retain the legal right to defend his being, blaming the authorities responsible for endangering the financial interests of the country to danger.

The bank said in its statement that some government officials are waging an unprecedented media attack on the bank, considering that there is work outside the law mar the idea of monetary reform carried out by the Central Bank.

And has the Iraqi Central Bank has four branches in Basra and Sulaymaniyah, Irbil and Mosul, where established bank independent Iraqi under the law of the Central Bank of Iraq issued on the sixth of March 2004, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign reserves and the issuance and management currency, in addition to the organization of the banking sector.

Couldn't find where this was posted....thought it was interesting...please remove if it is a duplicate

http://translate.google.com/translate?langpair=ar|en&u=http%3A%2F%2Fwww.alnaspaper.com%2Finp%2Fview.asp%3FID%3D3620

[82Corp.]

I bet Jacob Rothschild’s going to be mad!

[tommy17]

I don't put anything past maliki the U.S kicked one dictator out ,and is allowing a new one in. But i highly doubt their is any truth to this. Just B.S

[keepmwlknfny]

People in particular:

A source of political beginning for (people), on the efforts made ​​by Prime Minister Nuri al-Maliki for the overthrow of the Iraqi Central Bank Governor Sinan Shabibi on the back of refusing a request by the government earlier borrowing from the financial reserve to cover the expenses of the Iraqi government.

The source, who asked not to be named in his interview for the "people", that "there is a serial in Iraq run by the ruling party and the will of the party leader al-Maliki, who is serving fabricating charges against opponents regardless of the consequences of political and legal," adding that "the Bank CBI will be a target for the owners after the completion of the issue of the Public Integrity. "

The source added that "Maliki will move in the coming period for the purpose of overthrow of the Governor of Central Bank of Iraq Shabibi, which declined in the past for lending to the government of the reserve bank to cover some expenses depending on the Bank Law," pointing out that "Shabibi will be the next target after the Commission on Public Integrity, which resigned Chairman on the back of political pressure. "

And rejected the Iraqi Central Bank's efforts in 20,009 government to borrow from the Reserve Bank funds to meet the shortfall in the budget, the bank promised to step in violation of the law, and a violation of the independence of the Bank. And then called on the government to resort to the application of long-term economic policies, and not to rely easiest ways to bridge the budget deficit.

He accused the Central Bank of Iraq, Monday, the past government agencies to block the idea of monetary reform in Iraq, said while he would retain the legal right to defend his being, blaming the authorities responsible for endangering the financial interests of the country to danger.

The bank said in its statement that some government officials are waging an unprecedented media attack on the bank, considering that there is work outside the law mar the idea of monetary reform carried out by the Central Bank.

And has the Iraqi Central Bank has four branches in Basra and Sulaymaniyah, Irbil and Mosul, where established bank independent Iraqi under the law of the Central Bank of Iraq issued on the sixth of March 2004, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign reserves and the issuance and management currency, in addition to the organization of the banking sector.

Couldn't find where this was posted....thought it was interesting...please remove if it is a duplicate

http://translate.goo...asp%3FID%3D3620

Great....just what we need....a reincarnated Saddam wanting to spend the banks reserves for govt use......

It would throw the dinar right back into the deep depths of the toilet, to be flushed with Iraqi poo......

[mrmcwhipit]

Looks like our boy Maliki just may screw this up after all. They just cant get anything done over there, bunch of Idiots.

[Shirley Hall]

From everything I am reading this morning we are going to be lucky if civil war does not break out in this country.

[Dalevoss]

maybe some could send him this via a rifle... sorry... just not feelin real christian like this morning after reading this article

[RICK C]

shabbibi needs to do the revaluation Now on par to kuwait, agree to a small budget approval for the Gov once it has been approved by parlament or an oversight panel , and then all new housing , electric, roads programs should be started, before winter sets in . It's time to start thinking about the people .jmo.

[steveo]

i think shabibi should go out and buy himself the best bullet proof vest he can find......

[Markinsa]

I believe the Central Bank law prohibits prohibits the Government from meddling in the Central Bank's affairs. The CBI has complete autonomy. Maliki is violating Article 2 Section 2 of the CBI Law see page 8 and 9.

Article 26 of the Law Prohibits the CBI of lending to the Government. See page: 21

*

[caz1104]

I believe the Central Bank law prohibits prohibits the Government from meddling in the Central Bank's affairs. The CBI has complete autonomy. Maliki is violating Article 2 Section 2 of the CBI Law see page 8 and 9.

Article 26 of the Law Prohibits the CBI of lending to the Government. See page: 21

*

As if Maliki cares about stinkin laws or the constitution.........................thanks for the post

Edited September 14, 2011 by caz1104

[mrmcwhipit]

i think shabibi should go out and buy himself the best bullet proof vest he can find......

I totally agree

[tommyboy]

I believe the Central Bank law prohibits prohibits the Government from meddling in the Central Bank's affairs. The CBI has complete autonomy. Maliki is violating Article 2 Section 2 of the CBI Law see page 8 and 9.

Article 26 of the Law Prohibits the CBI of lending to the Government. See page: 21

*

And the IMF says the CBI should be completely autonomous.