Governor of Iraq's central bank removed over corruption inquiry
- Iraq: Thursday, October 18 - 2012 at 05:47
Iraq's central bank governor Sinan al-Shibibi has been removed by the government over a corruption inquiry opened by lawmakers into bank officials suspected of abusing dollar sales, Reuters has reported. Lawmakers investigating corruption in the central bank say they found violations in dollar sales by the bank for importing goods, false documents for importers, and a lack of control of how dollar auctions were monitored. The cabinet appointed Abdul-Basit Turki, the head of the government spending watchdog, Iraq's Board of Supreme Audit, to run the central bank "until further notice," the prime minister's media adviser Ali al-Moussawi said.
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