Opposed Guaranteeing Bank Deposits
On October 28, 2008, the parliament voted 50–7 to insure all types of deposits in all local banks within Kuwait. Al-Tabtabaie opposed the bill, along with Jabir Al-Azmi, Hussain Al-Qallaf Al-Bahrani, Daifallah Bouramiya, Mohammed Al-Obaid, Mohammed Hayef AlـMutairi, and Musallam AlـBarrak. Al-Tabtabaie accused the Cabinet of speeding up the bill's passage for the benefit of monetary tycoons. He proposed a partial guarantee of KD 100,000 for deposits in local banks.
Read more about this topic: Waleed Al-Tabtabaie
Famous quotes containing the words opposed, bank and/or deposits:
“I was proud of the youths who opposed the war in Vietnam because they were my babies.”
—Benjamin Spock (b. 1903)
“People get a bad impression of it by continually trying to treat it as if it was a bank clerk, who ought to be on time on Tuesday next, instead of philosophically seeing it as a painter, who may do anything so long as you don’t try to predict what.”
—Katharine Whitehorn (b. 1926)
“Were all the worshippers of the gold calf to memorialize me and request a restoration of the deposits I would cut my right hand from my body before I would do such an act. The gold calf may be worshipped by others but as for myself I serve the Lord.”
—Andrew Jackson (1767–1845)