Former MP: Localization in regional banks is a political favor

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Former MP: Localization in regional banks is a political favor

As a courtesy to the Kurdistan Regional Government, former MP Ghaleb Mohammed took into consideration on Wednesday the Federal Court’s decision to allow all licensed banks in Kurdistan to participate in localizing the salaries of the region’s employees.

“The judiciary’s decision was clear that the settlement would be limited to federal banks, but these decisions were circumvented in order to please the regional government for electoral purposes and political interests,” Mohammed stated in a statement to

He went on to say that “all the private banks in the region belong to the two ruling families” and that “the Kurdish employee does not trust the private banks affiliated with the regional government or influential figures.”

That’s what he requested “the central government make the settlement straightforwardly through the national government’s banks, since settlement by the provincial government would be exceptionally unsafe to the Kurdish resident.”

It is important to note that the Federal Court agreed to localize the salaries of employees of the Kurdistan Regional Government in the banks by approving the accounting project as legal.