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Director of Trade Bank of Iraq flees to Beirut on charges of corruption

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littlekracker



Director of Trade Bank of Iraq flees to Beirut on charges of corruption
June 4, 2011
According to a source familiar with, Saturday, that the Director of Trade Bank of Iraq arrived in Beirut on the run from Iraq on the back of the bank’s board accused of corruption by the head of the government, stressing that the Director on the relationship politician Ahmed Chalabi, who went missing in Baghdad for two days before her departure.

The source said in an interview for “Alsumaria News”, “Director of Trade Bank of Iraq Hussein parthenogenesis, arrived today in Beirut on the run from Iraq on charges of corruption by Prime Minister Nuri al-Maliki,” noting that “the virgin and had been hidden in Baghdad for two days before departure “.

The source, who requested anonymity, that “the virgin and how to access to Beirut did not know yet,” pointing at the same time that the “virgin wife (Russian citizenship) and his children are in Beirut and lived there for some time”.

The source indicated that “the virgin and has business connections Iraqi politician Ahmed Chalabi,” pointing out that “left to Beirut, fearing that the charges against al-Maliki launched by the Board of Directors of the Bank are to the political causes of miscarriage,” he says.

The Iraqi Prime Minister Nuri al-Maliki, the first on Thursday, the formation of a committee to achieve a common Integrity Commission and the Office of Financial Supervision and the Ministry of Finance and experts presented a report on irregularities in the Bank of Iraq trade, noting that the report referred to the judicial authorities responsible for its consideration.

The Government of Iraq in the 13 of last February, seeking to join the WTO and ensure the protection of Iraqi funds abroad, with stressed the importance of working to build Iraqi economy is diverse and the application of economic policies advanced by encouraging investment, facilitate and regulate the trade and the rationalization of the state budget and approve oil law and gas.

The talk about Iraq’s accession to the WTO and the protection of its funds abroad is different from what exists on the ground, a link such as the decisions of independent bodies including the World Bank and the central Iraqi government rather than directly from the House of Representatives, and not the government’s focus on supporting the private sector.

And Commercial Bank of Iraq was in Baghdad, on 20 June of the year 2010, targeting to the car bombs and gunmen tried this process a week before the storm the Central Bank of Iraq, and what caused the fire in the building of the bank is said to have missed the important papers were damaged.

Despite the wide openness to the world experienced by Iraq since the change began in 2003 after decades of isolation, but the external economic relations are still experiencing stumbled clear for several reasons, foremost of which is economic recession.

Observers point out that the accession to the WTO represents a major objective of many of the local economies because of the advantages achieved by this accession of integration into the global economy, and provide great opportunities for investment, as well as finding markets for their products, but that this process is linked to the size and nature of the components of competitiveness, which is owned the national economy, to enter the global market partner and a competitor, which is not available for the Iraqi economy at this juncture.

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