On 17 September, a representative of Al-Taif Islamic Bank depositors told Al-Ahad TV (AAH — official) that the bank owed IQD 500 billion and that Central Bank statements were not reassuring. The outlet also reported the seizure of movable and immovable assets belonging to the bank’s directors and affiliated companies. Its broadcast screen attributed that action to a judicial decision and displayed a document headed by the Central Bank, but the document’s operative details were not legible.
- Al-Ahad TVAAH — official17 Sept, 14:37
“Seizure of the movable and immovable assets of the board members of Al-Taif Islamic Bank and its affiliated companies.”
حجز الأموال المنقولة وغير المنقولة لأعضاء مجلس إدارة مصرف الطيف الإسلامي والشركات التابعة له
- Al-Ahad TVAAH — official17 Sept, 14:39
“Representative of Al-Taif Bank depositors: The Central Bank’s statements are not reassuring.”
ممثل مودعي مصرف الطيف: بيانات البنك المركزي غير مطمئنة
- Al-Ahad TVAAH — official17 Sept, 14:40
“Representative of Al-Taif Bank depositors: The amounts owed by the bank have reached 500 billion dinars.”
ممثل مودعي مصرف الطيف: المبالغ المستحقة بذمة المصرف وصلت الى 500 مليار دينار
a Central Bank or judicial notice, a response from Al-Taif Islamic Bank, identification of the affected directors and companies, or depositor documentation; any of these moves this file.