03/10/2010Iraq will protect his assets abroad the end of 2010
Baghdad, A source at the Iraqi Central Bank, on Sunday, for a move to protect Iraqi funds, from abroad, adding that contacts with the United Nations to determine the size of immunity to Iraqi funds, which are expected to be lifted by the end of the year 2010.
The appearance of Mohammed Saleh adviser at the CBI, told the Kurdish news agency (Rn) that "the Iraqi funds would be to ensure Baghdad away from the United Nations end of the year, and not for this relationship to remain Iraq under Chapter VII."
The Ministerial Committee set up by the Iraqi Council of Ministers indicated that they work for the implementation of Security Council resolution No. 1905 issued on 21 December 2009.
The resolution to extend the arrangements for the Development Fund for Iraq for another year waiting for Iraq to assume responsibility for direct supervision of its oil revenues by the end of the period.
Saleh said that his country "will not ask the United Nations to keep the work of the international supervision and follow-up file, which manages funds from oil revenues in order to protect".
It provides the International Fund, which was established under Security Council resolution 1483 for the year 2003, legal protection against any prosecution or sentence imposed for the benefit of third parties against the funds of the Iraqi government, for example, some creditors or others, as deducted from the Fund of compensation to Kuwait worth 5%.
Saleh explained "There is no excuse for the survival of Iraqi funds under international supervision after the stability of the security situation dramatically and the organization of government work in moving the money and the organization of powers government financial institutions."
He pointed out the existence of contacts with the UN in this regard, saying "the United Nations and the international community eternal optimism in Iraq's ability to protect his assets, including investment in line with developments in the country."
