The formation of a ministerial committee to follow up the su

[Stillw8n]

The formation of a ministerial committee to follow up the subject of the disappearance of Iraqi funds and to report periodically around

Baghdad (news) .. I studied the Ministerial Committee on the Status of a mechanism to ensure the protection of Iraqi funds seventeenth issue of the disappearance of the amount of (17) billion dollars of Iraqi funds, and release amounts of oil contracts for food conforming to the conditions and legal entitlements and the issue of payment in kind for oil contracts.

A statement from the Office of the Deputy Prime Minister Ruz Nuri Shawis received Agency (news) copy of it: that the meeting was hosted by Ginger Cruz, deputy inspector general for the U.S. for reconstruction in Iraq during the discussion to the issue of the disappearance of (17) billion dollars, which outlined the Committee’s information available to the Office of Inspector General on this subject .

The statement added that the Committee recommended the formation of a special committee of representatives from the Ministry of Finance and the Financial Inspection Office and the Central Bank to follow up the subject of the disappearance of Iraqi funds and submit a periodic report monthly to the Committee to Protect Iraq’s money on the subject.

The statement also recommended the collection of all information, books, documents, and documents related to regardless of amounts related to the subject through the Ministry of Foreign Affairs and Ministry of Finance and the Financial Inspection Office and the Central Bank of Iraq.

The statement said the Commission approved the proposed mechanism by the central bank to settle the rate of compensation of $ (5%) in respect of payment in kind for the oil companies and compensation Kuwait.

This was chaired by Vice-President Ministers example, has typically Nuri Shaways meeting of the Ministerial
Committee on the Status of a mechanism to ensure the protection of Iraqi funds XVII in the presence of Minister of Foreign Affairs and Finance, Justice and the President of the Financial Inspection Office and the Governor of the Central Bank and the Legal Adviser to the Prime Minister and Adviser to the Deputy Prime Minister.

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