A scandal of the type of heavy … Da’ash participates in the currency auctions carried out by the Central Bank of Iraq !!

A scandal of the type of heavy … Da’ash participates in the currency auctions carried out by the Central Bank of Iraq !!

17-01-2018 03:15 PM

A scandal of the type of heavy ... Daash participates in the currency auctions carried out by the Central Bank of IraqBaghdad News –

WASHINGTON (Reuters) – The US Treasury Department said on Tuesday that it had been involved in currency auctions by the Central Bank of Iraq, which allows banks and exchange houses to access the US dollar, while the Iraqi government took nearly a year to prevent their participation.

The magazine said in a report that ‘Daash was able to smuggle at least 400 million dollars from Iraq and Syria after the defeat, and this criticism can be the smuggling of money outside Iraq or invest in the local Iraqi markets.

“In 2014 and 2015, I participated in currency auctions conducted by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar in cash and help Baghdad to stabilize the exchange rate. But the Iraqi government took almost a year to prevent the participation of the criminal group ‘.

The report added that ‘Dahed knows that Baghdad control the informal economy and exploited it has dominated the old smuggling routes when they occupied parts of Iraq and Syria in 2014, making them able to earn a million or more daily from the economy of war, and the organization smuggled In addition to gold and oil, where evidence suggests the complicity of a number of political parties and individuals closely associated with them from Iraq and neighboring countries in fueling this black market.

“He has invested at least $ 250 million through intermediaries in the Iraqi market in Baghdad and the liberated areas, often tribal chiefs or businessmen with clean records and who can hide their links to the terrorist organization,” the report said. They are given a lump sum of cash to invest in certain businesses, then the organization takes up a portion of the profits’.

He pointed out that ‘the money laundering operations carried out by Dahesh are carried out by companies as a front of business such as car companies and electronics shops and pharmacies, but their favorite work is banking shops’.

According to the Central Bank of Iraq, ‘hundreds of small exchange houses associated with Da’ash are now operating in Baghdad. These companies allowed the group to convert the Iraqi dinar to the US dollar, a currency that would have more access worldwide. ‘

baghdadnews.info