Waleed Al-Tabtabaie - Opposed Guaranteeing Bank Deposits

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.

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Famous quotes containing the words opposed, bank and/or deposits:

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