Former Governor of CBI assures having documents prove stability of Iraqi dinar during his term

Baghdad (IraqiNews.com) The former Governor of the Central Bank of Iraq, Sinan al-Shibibi, assured possessing documents that prove the stability of the Iraqi dinar during his term.

Speaking to Iraqi News (IraqiNews.com), he said ” The officials of the CBI have documents that show their success in fixing the ratio of the Iraqi dinar and that they are not dealing with any businessmen through the private banks,” noting that “I will return to Baghdad next Thursday to defend myself against the political charges against me.”

“The problem of the CBI is that it lacks the required data base because we did not have the required allocations to employ the qualified persons who can make an accurate data base,” he added, assuring that “The CBI did not deal with certain private banks, but it dealt equally with all the banks according to the conditions of the auction.”

Earlier, the Council of Ministers tasked the head of the Financial Supervision Department, Abdul Basit Turki, to run the Iraqi Central Bank as a substitute for Shibibi.