Monday, January 31, 2011

1-31-11 Linking ICB to govt won't affect economic policy, says govt advisor

Highlights/Thoughts
Click on the title of this article to get the details of this article

1. A legal adviser to the Iraqi government said that linking the CBI to the government won't affect the economic policy of the country
2. He also said itwon't impede the unblocking of Iraqi funds
3. Saleh said that the there is little immediate risk, but he also said he felt the consequences of the ruling are yet to be felt
4. Saleh said that the CBI has been able to provide a secure umbrella for the $50 bil, but the expiration of the DFI in June
5. The money is exposed after the DFI expiration and Saleh said they must think about protecting the assets under the CBI only (implying it should be under the government)
6. Once again, it was stated that the Federal Court's ruling is conclusive and cannot be changed
7. A number of blocs oppose the move and consider it an excessive move by the ruling National Coalition
8. Opponents of the ruling say that it contravenes both articles 103 and 104 of the Constitution Chapter IV, which clearly states that the bodies are independent and subject to the supervision of the House
9. Mullah challenged the constitutionality of the court by pointing out that it was formed by Bremer and not by parliament
10. He said it is time to activate Article 92, which demarcates the Federal Court, the nature of its work, and the terms of its reference

Related article about Shabibi's meeting with Talabani on the impact of the Federal Court ruling on the CBI

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