Sunday, January 23, 2011

1-23-11 Central warns of compromising its independence and calls on the Federal Court to clarify its decision

Highlights/Thoughts
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1. CBI advisor said that he has concerns of the Federal Court decision to link a number of independent bodies referred to in the Constitution directly under the Prime Minister and not under the House
2. Saleh said the linkage as defined by the Federal Court is vague and not sufficient to affirm the autonomy of the bank
3. Saleh warned that undermining the independence of the CBI will lead to opening the door to foreign court's taking Iraq's funds in the event of a suit against Iraq
4. Saleh said according to Article 103 (paragraph 2), the CBI answers to the Council of Representatives

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