Tuesday, August 20, 2024

"GIVE IT UP ALREADY!!! (LOL)" BY FRANK26, 20 AUGUST

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FRANK26: "GIVE IT UP ALREADY!!! (LOL)"....F26

 Parliamentary Finance Committee prepares to question the Governor of the Central Bank of Iraq after the Arbaeen visit

 

Parliamentary Finance Committee prepares to question the Governor of the Central Bank of Iraq after the Arbaeen visit

8/19/2024

 

Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, revealed on Monday that a request was submitted to the Presidency of the Council of Representatives to set a date to question the Governor of the Central Bank of Iraq regarding several files, most notably the exchange rate of the dollar against the local currency.

 

Al-Karawi told Shafaq News Agency, "Members of the Parliamentary Finance Committee had previously submitted a request to the Speaker of the House of Representatives to question the Governor of the Central Bank, Ali Al-Alaq."

 

He added, "The interrogation relates to several files, the most important of which are the dollar exchange rate, its sale to travelers, the currency buying and selling window, financial transfers abroad, cash financing, US sanctions, and negotiations with the US Federal Reserve."

 

He stressed, "We were previously seeking to host the Governor of the Central Bank, but then a request was submitted by some members of the House of Representatives to question the Governor in the House according to legal procedures and to activate the oversight role to question government officials."

 

Al-Karawi said, "After the Arbaeen visit, there will be a move to the Presidency of the House of Representatives to set a date to question the Governor of the Central Bank in Parliament."

 

On August 8, Hadi Al-Salami, a member of the Parliamentary Integrity Committee, revealed that his committee had been following up for more than a year on the file of terminating the assignment of the Central Bank Governor, Ali Al-Alaq, from his position.

 

Al-Salami explained to Shafaq News Agency that the committee addressed the Prime Minister several times to pressure him to end Al-Alaq's assignment, due to the existence of many violations against him.

 

He added that the government program announced by the Prime Minister when forming the government includes the necessity of ending the management of positions by proxy after six months of forming the government, noting that Al-Alaq is still managing the position by proxy without any action to cancel his assignment so far.

 

Al-Salami pointed out that there are many files and violations related to the Central Bank, which have been referred to the Integrity Commission and the Public Prosecution, indicating that these violations include issues related to the lack of control over the exchange rate in the market, in addition to millions of dollars and interest received by Arab and foreign banks, including Jordanian banks.


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