2012-08-11
Iraqi funds frozen in large international banks and the Central Bank has the responsibility not to retrieve
Baghdad, Financial expert stressed the importance of improved investment frozen Iraqi funds in banks in the country serve the strategic projects, blaming the Central Bank responsible for the funds not recovered because it can retrieve through its external relations
Ali, on Saturday that the Central Bank greater responsibility by not investing in frozen Iraqi funds and banks of more than 62 billion dollars, because it can communicate with international banks and the recovery of such funds to the country.
Confirmed: the amount of money frozen and if invested properly to have substantial financial resources for the State, as well as utilized in the implementation of investment projects, SOA, well it will be a lot of SOA problems suffered by Iraqi citizens, such as electricity, housing and others.
International reports indicate that Iraq possessed large amounts of frozen in banks which returns to former regime officials have been frozen after the fall of the year (2003).
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