Deletion of zeros will make it easier to steal billions without the knowledge of the state

According to a member of the Economic Commission parliamentary Hussein Mura’bi yesterday, Sunday, that the confusion in the monetary policy makes the country lose about eight million dollars a year, while warning that the issue of deletion of zeros will facilitate the mafia money laundering steal Billions without feeling state, called to examine the impact on the general situation.

Said Hotels Mura’bi in a press statement that ‘switch currency and delete the zeros requires the approval of the House of Representatives, but the central bank is believed to be the owner of the word and Chapter ‘, noting that’ the members of the Committee expressed many reservations on the grounds that Iraq today passes Bmkhadhat many under confusion monetary policy Experiencing clear Taktabat and differences’.

He Mura’bi told Alsumaria News that ‘these differences of up to eight million dollars a year, if the comparison between the claims of the central bank and the black market, and he won obscene affect the economy in the country ‘, noting that’ with blunders current and the presence of money laundering, there are doubts in some significant Representatives and the relevant parliamentary committees’.

He Mura’bi that ‘subject is misplaced today, because we need to review the monetary policy in a scientific, and access to the stability in the exchange rate’, stressing that ‘ economic Imbalances affect the security and economic situation and connects to mess up on the political, economic and social ‘.

The Mura’bi that ‘the Commission warned the central bank would not step this step, but after the audit and the Council of Ministers, on the grounds that the budget of the Council systematically and vehicle according to current currency ‘, but he also said that’ a great disaster is that there is no coordination between the two policies, we do not We believe that there is an opinion of the Central Bank in the budget and its compatibility and requirements, so you must study and discussion by the two financial and economic participation of the Economic Committee in the Council of Ministers and the Ministry of Finance to be of competent jurisdiction gives its opinion on the impact of Multi deletion of zeros on the general situation. ‘

He Mura’bi that ‘Multi deletion of zeros raised it many negative, we did not see any positives about it, and what are the necessary him,’ and warned of ‘money laundering because the currency will be withdrawn from the market the most fraudulent, and consequently subject to washing and there will be a loss of Billions of dollars without feeling the government ‘.

And assured Mura’bi that ‘in light of the instability of the current monetary policy there is a mafia taking advantage of blunders in the exchange rate which can be pumped money forged in the period in which the withdrawal of currency by about Billions, without being able regulators found ‘.

The Parliamentary Finance Committee suggested, on August 9, 2012, on the San Attorney Haitham al-Jubouri be direct delete zeros and the currency exchange during the month of July of next year, and as shown, the central bank has removed all fears, it confirmed that the government will support this project after providing Baijayate and disadvantages.

He accused the Central Bank, (12 September 2011), government agencies of obstructing monetary reform and Vowed the persecuting, Blaming those entities responsible for exposing the financial interests of the country to danger.

Regarded as an adviser to Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge, in (25 August 2011), that the lifting of the zeroes from the currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering economic, warning of ‘mafias currency’ is preparing to rig the trillions Iraqi dinars to replace them in the light of the upcoming changes.

Noteworthy that some Economists believe that Iraq is currently formatted for the deletion of zeros from the Iraqi dinar, pointing out that the deletion needs to security and political stability as well as economic stability.