Representatives are demanding the end of the appointment of the Central Bank Governor for these reasons

Representatives continued their call on Prime Minister Muhammad Shiaa Al-Sudani to take steps to remove the Governor of the Central Bank of Iraq, Ali Al-Alaq, from his position for a variety of reasons.

In a joint press conference with Representative Ahmed Al-Sharmani on Thursday, the representative of Najaf Governorate, Al-Ashraf Hadi Al-Salami, said, “We have demanded the end of the assignment of the governor of the Central Bank, and we previously addressed a letter to the Prime Minister on 7/26/2023, which included the end of the assignment of the governor.” The Central Bank and the application of Central Law No. 56 of 2004’s Article 13.

It was based on the text of Article 61 of the Constitution, House of Representatives Law No. 13 of 2018, in Article 15 Fourth, and on what was stated in the Iraqi Constitution in Article 49, and on Article Fifth of the Constitution, which stipulates the appointment of ambassadors and those holding special grades upon a proposal from the Council of Ministers, and on the provisions of Article 44 Second of the House of Representatives Law of 2018, which stipulates the appointment of ambassadors and those holding special grades upon a proposal from the Council

“We asked the Prime Minister to take measures to end the assignment of the current Central Bank Governor,” he added, “given the mismanagement of the currently assigned governor and his inability to control the rise in the dollar exchange rate in the parallel market, as well as the failure to take legal measures against banks that were subject to US sanctions for dollar smuggling and money laundering.” In addition to his refusal to participate in the daily sales bulletin.