View Full Version : Finance Minister Zebari Sacked

Investors Iraq News
09-22-2016, 10:35 AM
By John Lee.
Iraq’s finance minister,*Hoshyar Zebari (pictured), has been voted out of office by the country’s parliament on Wednesday.
Lawmakers voted 158 to 77 against Zebari, after a parliamentary inquiry last month into charges of corruption and mismanagement of public funds.
Zebari, a senior Kurdish official who previously served as foreign minister, denies all wrongdoing. Members of the Kurdish Democratic Party (KDP) said they would mount a legal challenge to the decision.
He is the second minister in a month to lose his post. In late August defence minister Khalid al-Obaidi lost a confidence vote (http://www.iraq-businessnews.com/2016/08/25/defense-minister-khaled-al-obeidi-removed/) after he mocked lawmakers in an inquiry into corruption allegations against him.
(Sources: WSJ, Reuters, Bloomberg)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2016/09/22/finance-minister-zebari-sacked/)

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