Araji denied Investment Board Chair mandate by Economic Committee 10-28
Al‐araji, Chairman of the Investment Board for another five years walharthi a cover for corruption
October 28, 2015
The investment is an important factor in the economic infrastructure of the State for his role of senior in development at all levels.
Occupying a national investment Commission of great importance in bringing investors and investment plans according to the priorities and requirements of the Iraqi citizen. According to reports, national investment Commission has affected corruption as other institutions that exacerbated the problems disrupted body projects, chiefly the basmaya project and the flight of many investors are laying the Foundation for dozens of investment projects but it turned out it's fake investment projects stalled in its place among the reasons not to vote on certain paragraphs of the investment law 3.62 members Investment Commission to 11 instead of 9. He also challenged by financial and economic parliamentary committees a number of advisers at the Commission and the Committee hearin maraktrhat three Chief investment advisers.
Said Deputy Chairman of the Economic Committee Harith al-*‐Harithi that the investment is unique and different from other investment bodies, adding that losers and thieves of public money are the corporate structure of that body.
Harithi said a statement with "economy" newsletter on Wednesday to extend the mandate of the SEC for Chief Investment came to perhaps cover that marred the basmaya project or to implement special agendas, we don't know why this extension. " And between al-*‐Harithi that the renewal of the mandate of the Chairman Sami Al-*‐araji for another five years a disagreement about the investment law, "Noting that the mandates of all presidencies in the Iraqi State is four years and that its non-*‐renewal was determined to llaargi.
Al-*‐Harthy called protesters need to raise placards reveal former regime henchmen removed from decision-*‐making centres ", describing the relatives that he possessed significant experience in camouflage and shading of public opinion and political, is a crafty Fox".
Economic Committee refused to renew the mandate of the General Investment Authority Chairman Sami Al-*‐araji for another five years, saying that one of the sticking points around the investment law, "Noting that the mandates of all presidencies in the Iraqi State is four years. http://www.microsofttranslator.com/b...3%25d9%2586%2F