Local | 01:52 – 09/03/2021
Exclusive – Mawazine News
An official source in the Ministry of Finance stated, on Tuesday, that Finance Minister Ali Abdul Amir Allawi issued a decision to dismiss the General Manager of Al-Rafidain Bank, after contracting with an electronic payment company, without the minister’s approval.
In an interview with Mawazine News, the source said, “The Minister of Finance decided to dismiss the General Manager of Al-Rafidain Bank, Hussein Ali, from his position, and appointed the Director of the Industrial Bank, Bilal Sabah, to replace him.”
He pointed out that “the decision came against the background of the dismissed bank’s director signing a contract with the (Ishtar Gate) company to replace the (Key Card) electronic payment company even though the aforementioned company does not meet the conditions and special laws.” Ended 29 / p4