Friday, July 1, 2011

Iraq development fund receives the files, after eight years

Iraq development fund receives the files, after eight years

Side of the press conference held by the Committee of Financial Experts
Side of the press conference held by the Committee of Financial Experts
01.07.2011
After eight years of monitoring and supervision of the International, received the Committee of Financial Experts Iraqi files, the Development Fund for Iraq after the end of the mandate of the International Advisory and Monitoring on 30 June, on the basis of Security Council resolution No. 1956 issued in 2010. The head of the Supreme Audit of Iraq, and Chairman of the Committee of Financial Experts Dr. Abdul Basit Turki delivery process will restore the historic event of the absolute sovereignty of Iraq on his money, noting that what happened to the Iraqi government will seriously thought out of the provisions of Chapter VII under the protection of the U.S. that will continue for a period of one year.


President of the Board of Supreme Audit of Iraq Abdul-Basit Turki


Told the official Iraqi financial came during a press conference held Turkey on Thursday evening in the Jordanian capital Amman after the completion of a series of meetings between the Committee of Financial Experts of Iraq and the International Advisory and Monitoring Board for two days.   In response to a question by Radio Free Iraq on the main challenges that face the work of the Committee of Financial Experts Iraqi , said Turki, the Commission should adopt the same mechanism adopted by the Council of the International Advisory and Monitoring Board, and it must do its job on a high degree of efficiency, transparency, integrity and clarity by drawing on the reports of the companies, international auditing. and about the fate of Iraqi funds, which withdrew from the Development Fund for Iraq in the period CPA civil American took over management of Paul Bremer and the $ 17 billion and a half billion dollars and the efforts of the Iraqi government disclosed, said a Turkish contacts were underway between the Committee of Ministers of Iraq, which recently formed for the purpose of investigating the fate of the money and the U.S. Special Inspector General for Iraq Reconstruction, referring to the The committee is trying hard to get to the facts through the mechanism to track. participated in the meetings of experts from the Office of Financial Supervision, and the members of the Committee of Financial Experts, in addition to the members of the International Advisory and Monitoring, and representatives of the Secretary General of the United Nations and the International Monetary Fund and the World Bank and the Arab Fund for Economic Development and social and Deputy Inspector General, the U.S. and the representative of Iraq in the said Council. It is said that the Committee of Financial Experts of Iraq was established in 04.01.2007 According to the decision of the Council of Ministers in order to be an organ supervisory substitute for the Council of the International Advisory and Monitoring Board, which was supervised by over eight years ago on spending of public funds Iraqi derived from the production and export of oil and oil products, which were deposited in the accounts, "Bank of the U.S. Federal Reserve," in New York, which was enjoying international immunity based on the UN Security Council resolutions passed after the fall of the former regime, the establishment of the Development Fund for Iraq. more details in the audio file.