action against the bank maintained the two-thirds of the hard currency

BAGHDAD / JD / .. Finance Committee confirmed that the recent actions, which affected the central bank maintained the two-thirds of hard currency in Iraq.

A member of the Committee deputy state law Haitham al-Jubouri’s / JD /: “The size of Miba now at the Central Bank of hard currency between the (90 – 130) million after recent actions, and in the past, what is sold up to 350 million dollars” .

Between Jubouri, that this sale has maintained a more than two-thirds of hard currency within the bank.

He added, that the Iraqi dinar has appreciated against the dollar, when it was sold to (350) million arrived in the exchange rate of the dollar then (1300) and now a Price (1119), regarding it as big accomplishment.

He noted a member of the Finance Committee parliamentary deputy state law that financial and economic committees conducted intensive talks with the Governor of the Central Bank and Abdul Basit Turki Agency, has been notified to take the necessary action, and that there should be clear instructions to reduce hard currency smuggling operations.

Parliamentary Finance Committee unveiled the sale of the Central Bank bills worth 50 billion dollars last year, 10 of which fact and $ 40 billion a fake.

A member of the Committee deputy state law Haitham al-Jubouri’s / JD /: The Commission’s investigation in charge of the work of the Central Bank has taken samples from a group bills includes 201 bill to buy one, and found that only two of them real, explaining: that two bills out of the 201 introduced materials to Iraq . And gave Jubouri, for example: What has been sold in hard currency at the central bank last year, almost $ 50 billion, and if the comparison, we find that only 20% made materials, which means that $ 40 billion went out without the intervention materials to Iraq.

Jubouri explain: If you divided the 40 billion dollars over the year shows that in one week out of Iraq as $ 800 million U.S. newspaper Wall Street Journal.

Jubouri pointed out that most of these fake bills, has addressed the Commercial Attaches and sent official letters to the Central Bank of Iraq informing him that these fake bills and have no real presence which bills are sold in foreign offices usually in the Emirate of Dubai at Jebel Ali.

A member of the Finance Committee deputy state law, yesterday, Sunday, that the bank does not call ببوليصة shipping and delivery tax therefore is reassuring that this bill even though it was a fake will receive the corresponding foreign currency, it is possible to escape out of the country or sold on the black market or used money Kgusal.

The U.S. Inspector General on Iraq, Stuart Bowen, has revealed in its latest quarterly before the U.S. Congress unveiled smuggling nearly $ 800 million a week out of Iraq illegally.

And Mark Bowen – as quoted by the newspaper “The Wall Street Journal” American on its website – that corruption is still one of the main obstacles that prevent the reconstruction of Iraq and lay the foundations of democracy.

The Bowen demonstrated validity of what he says eat statements Interim President of the Central Bank of Iraq Abdul Basit Turki last month that: “There are approximately one billion U.S. dollars to leave Iraq a week, but 80% of it is through false documents to hide the truth to convert goals.”

Noteworthy that the judiciary has issued an arrest warrant for Shabibi Iraqi Central Bank Governor Ali financial background suspicions.

According to the report submitted by the committee overseeing the central bank, which included both of the heads of the two financial, economic and BSA under the supervision of First Deputy Speaker of Parliament Qusay al-Suhail: that investigations proved the existence of sale of foreign currency to banks and corporations themselves and that has smuggled to neighboring countries.

The Cabinet decided then assigned Chairman of the Board of Supreme Audit Abdul Basit Turki management position of Governor of the Central Bank and the agency, with the issuance of the Judicial Council arrest warrant against former central bank governor and a number of officials in corruption cases.

And was a member of the Finance Committee MP Magda Tamimi had described the report issued by the Presidency of the Parliament on the central bank Palmtsra and unprofessional

dananernews.com