Article: “Warka Bank” .. Citizens lament the huge sums of money entered did not graduate”
Quote: “The manipulation of banks and private civil entitlements of citizens, is extremely dangerous, the fact that those practices and behaviors cast negative impact on the citizen’s confidence in the Iraqi banks in general, and especially the private banks.”
More proof that they a righting the ship and cleaning up the mess.
People were not able to get the money out that they they deposited 7 years ago until just recently.
Most likely they will be put under the tutelage of the Central Bank.
Alak has said that the Central bank will make sure that the citizens will get there money back even if the CBI has to do it.
Rebuilding the trust in the banking sector is paramount to the success of Iraq moving forward.