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:
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—Miguel de Unamuno (1864–1936)
“I know a bank where the wild thyme blows,
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—William Shakespeare (1564–1616)
“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)