On: Tuesday 06/28/2011 5:53
Baghdad / term
of Supreme Audit confirmed that the files of the Development Fund for Iraq will be delivered to the Committee financial experts after the end of the mandate of the Security Council of the International Advisory and Monitoring Thursday, noting that the last meeting of the Council of the International Advisory and Monitoring Board will be held in the Jordanian capital Amman.
A statement issued by the Office of Financial Supervision "The Iraqi side will host the last meeting of the International Advisory and Monitoring in the Jordanian capital of Amman, on Thursday, after the end of the mandate of the Development Fund for Iraq in the Security Council on the basis of Resolution No. 1956, issued in 2010."
The statement added that "The meeting will be attended by President of the Board of Supreme Audit and Chairman of the Committee of Financial Experts, members of the Council of the International Advisory and Monitoring Board, and representatives of the Secretary-General of the United Nations and the International Monetary Fund and the World Bank and the Arab Fund for Economic and Social Development, as well as Iraq's representative at the International Council."
The Development Fund of Iraq established after 1995 when the UN Security Council allowed Iraq to export oil for food program.
The Secretary-General of the United Nations Ban Ki-moon announced on the fifth of April, during his second report to the Security Council pursuant to paragraph 6 of resolution 1936 in 2010, the remaining Iraq on his release from the obligations of Chapter VII obligations with Kuwait on the issue of missing nationals, property and third countries, the government confirmed its willingness to continue the maintenance project the Iraqi border, stressing that progress in these issues is a precondition for the restoration of Iraq's international status natural.
and approved the Security Council during the meeting in, 15 of December of last year, 2010, three special resolutions in Iraq, ending the first oil for food program, while calling the other to extend the immunity that protects Iraq from claims associated with the era of former President Saddam Hussein to the June 30, 2011, rather than stop it in December the past, as planned in the beginning, after Iraq confirmed that it will not request any further extensions of the work (the Development Fund for Iraq) which was the immunity from claims for compensation.
In the third resolution, approved by the UN Security Council to lift the ban on imports of Iraq's nuclear program nuclear civilians and to end restrictions on weapons of mass destruction and missiles, bringing to an end the prohibition lasted 19 years, under resolution 687 (1991).
and the subject of Iraq since 1990 under Chapter VII of the Charter of the United Nations, which imposed after the invasion of Saddam Hussein of Kuwait in August of the same year, and allows this item to use force against Iraq as a threat to international security, in addition to the freezing of large amounts of its assets financial global banks to pay compensation to those affected by the invasion of Saddam's regime Kuwait.
and formed a government commission to investigate the fate of the seventeen and a half billion dollars withdrawn from the Development Fund Iraq in the United States and moved to Iraq during the period of authority of the Civil Coalition, which he managed, Paul Bremer.
the face of Prime Minister Nuri al-Maliki for the Committee to Protect Iraq's assets abroad to follow up the file and the fate of those funds, and authorized the Commission all the necessary powers to investigate any official connected with relevance or have the information without exception.
also called Maliki the Iraqi authorities and the U.S. government to cooperate with the Commission with all the help it complete its mission, especially after the availability of indicators show the existence of suspicions about the fate of those funds.
The Committee to Protect Iraq's money is working under the chairmanship of Deputy Prime Minister Ruz Nuri Shaways and membership of the Ministers of Foreign Affairs and Finance, Justice and the Governor of the Central Bank and the Legal Adviser to the Prime Minister.
Last May, President Barack Obama, the extension of American protection to the Development Fund in Iraq for one year. and Obama praised the positive developments in the country, although he acknowledged there are barriers to reconstruction in Iraq .
Obama said, according to a statement from the White House: "I decide the continued state of emergency for the protection of the Development Fund in Iraq and other property for a period of one year."
attributed the U.S. President caused the extension to "the obstacles to reconstruction in an orderly fashion in Iraq, and restore peace and security in the country and maintenance, and development of political institutions and administrative and economic development in Iraq, noting that these obstacles continue to pose a threat to an extraordinary and unusual to national security and foreign policy of the United States. "It was due to end of American protection of Iraqi funds on 30 June.
and Obama sent a letter to the House Speaker and Senate President Americans, which he praised the developments in Iraq and the UN Security Council resolutions relevant.
It is said that Finance Minister Rafie al-Issawi was held in Washington recently, held talks with U.S. officials regarding the protection of Iraqi funds.
As part of the Post, he stressed MPs different masses on the importance of keeping the Iraqi funds abroad under international protection, stressing that this protection will not allow the exposure of the money looted from any third party.
He urged the House of Representatives on the need to move a diplomatic settlement of claims and resolve the issue of debt and compensation, especially with the State of Kuwait, where the MP said Liberal block of the Sadrist movement of quitting: that the circumstances of the Iraq occupation makes to keep the money under international protection is very important, especially since Iraq is still under Chapter VII, in the case of lifting the UN or the Americans, their hands will go this money to the creditors " .
The UN Security Council the basis of the Development Fund for Iraq in May 2003 under paragraph 20 of UN Security Council resolution 1483.
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