Foreign currency smuggling out of Iraq across the central bank auctions
Channel “change”: We will open files remittances phantom under which foreign currency smuggling out of Iraq across the central bank auctions
Posted 09/07/2013 01:28 PM
BAGHDAD – “arenas of Liberation”
Channel reported “change” space as files will open remittances phantom under which foreign currency smuggling out of Iraq by the Iraqi Central Bank auctions daily and monopolized by certain banks and not others.
And reveal files how banks sell money orders you get to transfer companies and financial exchange and radios transfers in the system, “Swift” on behalf of the companies that were not have provided any documents to prove its contract on the import of goods to Iraq
and the channel quoted the source senior banker said “the procedures followed by the Central Bank and managed by the present it is only action fake and not real and meaningful “, but is the benefit measures, including some of its officials as well as the owners of banks and money transfer companies.”
Source bank explained that “the actions carried out by the members of the parliamentary committee headed by Mr. Qusay al-Suhail did not work properly and that اجراءتها is only just slander and did not stop the actual bleeding foreign currency,” referring to the Committee headed by Suhail on “corruption in the operations of financial transfer foreign currency within the central bank. ”
the source explained that “the measures the central bank will contribute to the decline in the value of the Iraqi dinar, more and more, and inflation is increasing months after the last,” stressing that “the process of currency auction and the way the current creates inflation and a black market يكلفان Iraqi people about $ 12 billion a year. ”
the source bank said that “what is happening now is an economic disaster and management of incorrect monetary policy, but is floundering and management of lame will come devastation on the rest of the economic sector,” while the eye channel that it will be within the program “Farhood,” which broadcast begins next Saturday and documents the names of banks and money transfer companies and banking monopoly actually foreign currency auctions.