Shabs has had enough!!!

[jlassociates]

Central Bank of Iraq is suing the government agencies for obstruction

Central Bank of Iraq is suing the government and accused of obstructing monetary reform

Posted 13/09/2011 02:53 PM

Baghdad - "the world"

Accused the Central Bank of Iraq, on Monday, government agencies of obstructing the idea of monetary reform in Iraq, said while he would retain the legal right to defend his being, according to a statement the bank.

According to the statement received "world," a copy of it, 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".

The statement noted that "the Bank has already received an official letter from the Committee on Economic Affairs in the cabinet in 2007 when the bank is appealing to study the draft of the Iraqi currency reform by restructuring and deleting three zeros from them."

He noted that the purpose of the letter "to facilitate trading cash and reduce the cost of cash transactions in the context of a reform strategy for the system of monetary management in the country, like what was done by the majority of the countries of the world, particularly those that left the turmoil and economic decline, which seeks to rebuild the cash."

He stressed the bank that "will retain the right to legal defense of his being, and download those authorities responsible for endangering the interests of the country's finances to the risk of prejudice to the irresponsible," saying that "these actions are meant to expose the centers of legal and international central bank to the risk of moral hazard to the public in various forms."

The statement noted that "the Bank finds that such irresponsible acts in the launch of the charges baseless and motivated by an unknown direction contrary to the rules of behavior that should be adhered to by state officials in tackling the issues of different countries, especially sensitive of them."

He was Adviser to the Prime Minister for Economic Affairs said in a earlier time, lifting the zeros from the currency is the biggest corruption in Iraq if it was during this period, the economic promise in vain, warning of "mafias currency" is preparing to rig the trillions of dinars.

http://translate.google.com/translat...sp%3FID%3D2065

[swartzkaulf]

your link does not work!

And I didn't have to quote your post to know that I was talking to you!

Edited September 14, 2011 by swartzkaulf

[hitman1978]

Great post. Thanks for sharing

[jlassociates]

Sorry...try this:

http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.altahreernews.com%2Finp%2Fview.asp%3FID%3D2065

[swartzkaulf]

Much better thank you~!

[mariejose]

SO I SUPPOSE THIS MAY LEAD TO A LONG DRAGGED OUT LEGAL BATTLE? MAN I HOPE NOT. PERHAPS BECUASE THIS EFFECTS THE INFLATION OF THE COUNTRY IF DOES GO TO COURT IT WILL BE DONE WITH URGENCY. IF THEY KNOW WHAT THE WORD URGENCY MEANS.

[Carrello]

SO I SUPPOSE THIS MAY LEAD TO A LONG DRAGGED OUT LEGAL BATTLE? MAN I HOPE NOT. PERHAPS BECUASE THIS EFFECTS THE INFLATION OF THE COUNTRY IF DOES GO TO COURT IT WILL BE DONE WITH URGENCY. IF THEY KNOW WHAT THE WORD URGENCY MEANS.

not so much....

[dacraigo]

not so much....

Agreed.

[crnamiss]

not so much....

that would be more like, "not at all"...........

[Doctor Smith]

If Shabibi is trying to lop. Thanks Maliki now finish by removing him from his post.

If Shabibi is trying to RV big. Get rid of Maliki by any means necessary. He wasn't really elected anyway.

[estephan]

Central Bank of Iraq is suing the government agencies for obstruction

Central Bank of Iraq is suing the government and accused of obstructing monetary reform

Posted 13/09/2011 02:53 PM

Baghdad - "the world"

"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".

Is This the smoke so often referenced?

[Dalite]

Is This the smoke so often referenced?

I'm thinking mirrors.....

[zigmeister]

It sort of reminds me of baseball. The manager flips off the Umpire and tells him he can eat his dirty shorts, he gets kicked out and has to sit on the bus. But he is back in business in the next game and no one remembers what the big deal was.

[abby01]

I think I have now read so many poorly translated articles...that I actually understood this one thinking I may be on this computer a little too much!!!