Auction currency drain the state treasury of foreign exchange and controlled by the “mafias”
Parliamentary Finance: Auction currency drain the state treasury of foreign exchange and controlled by the “mafias”
Wednesday, November 16, 2016 16:45
BAGHDAD / Baghdadi Uz..cdt the Parliamentary Finance Committee, on Wednesday that the mafias by traders still dominate the auction currency at the central bank.
He said committee member Majda al-Tamimi’s / Baghdadi News /, that “the auction currency at the central bank window for corruption and lost billions of dollars in Iraq because of the sale of currency in accordance with the old and innovative mechanisms.”
She added, “The mafias by traders dominate the auction sale of hard currency and thus Iraq has a lot of (dollar) and emptied the state treasury.”
He pointed out that “there are serious talks to overcome the crisis of the currency auction in cooperation with the Central Bank for the development of new mechanisms for the management of the auction” .anthy 21 / m