Parliamentary Economic committee investigate the "accusations" on "TBI" of transforming $ 2.5 billion to Kurdistan

the Trade Bank of Iraq the "TBI" on lending $ 2.5 billion to Kurdistan Region without the knowledge of the federal government.

The committee’s member Najiba Najib told “Shafaq News", that "The Economic Committee formed an investigative committee that will be visiting the Trade Bank of Iraq to get to know the real charges against the bank of lending $ 2.5 billion for the region without guarantees."

Najib added that "through the initial data, the accusations are unfounded, as all financial transfers to TBI of the three branches in Kurdistan is done by the Central Bank of Iraq."

The MP of Ahrar bloc , Yasser al-Husseini revealed yesterday, Tuesday, during a press conference in Baghdad that the Director General of the Iraqi Commercial Bank , Hamdiya al-Jaff lend the central bank in Kurdistan region an amount of one billion and a half billion dollars without any guarantees.

Chief executive of TBI , Hamdiya al-Jaff denied later lending Kurdistan region $ 2.5 billion during the last period, and emphasized that any money transfer from the Trade Bank of Iraq is not directly done but through its passage in the Central Bank of Iraq.