The Minister of Finance sacks the Director General of Al-Rafidain Bank
Exclusive – Mawazine News… An official source in the Ministry of Finance stated, on Tuesday, that Finance Minister Ali Abdul Amir Allawi issued a decision to dismiss the General Manager of Al-Rafidain Bank, after contracting with an electronic payment company, without the minister’s approval.
In an interview with Mawazine News, the source said, “The Minister of Finance decided to dismiss the General Manager of Al-Rafidain Bank, Hussein Ali, from his position, and appointed Bilal Sabah, the director of the Industrial Bank, to replace him.”
He pointed out that “the decision came against the background of the dismissed bank’s manager signing a contract with the (Ishtar Gate) company to replace the (Key Card) electronic payment company even though the aforementioned company does not meet the conditions and special laws.” Ended 29 / p4