Al-Jashaimi: Iraq’s loss from the currency auction amounted to more than 27 billion dinars

Al-Jashaimi: Iraq’s loss from the currency auction amounted to more than 27 billion dinars

12/14/2020 18:24:17

Al-Jashaimi - Iraqs loss from the currency auction amounted to more than 27 billion dinars{Baghdad: Al Furat News} The Deputy Chairman of the Parliamentary Integrity Committee, Khaled Al-Jushami, announced, on Monday, that Iraq lost more than 27 billion dinars from the currency auction.
Al-Ghashami said in a tweet on {Twitter} that “the Iraqi state‚Äôs loss in the notorious currency auction due to the policies of the Central Bank and its proxy governor amounted to this day only 27 billion and 600 million dinars.”
He added, “I have not witnessed such a daring theft and a waste of public money … Where are you, the Prime Minister, from the actions of your governor, whom you appointed as acting in violation of the legal requirements.”
“It is reasonable that the Central Bank sells one dollar to private banks at a price of 119 dinars to one dollar, and today its price in the market is 131 dinars !! … What is this farce? What is this disregard for the capabilities and good of the people?”

alforatnews.com