Economist: All oil revenues reach the Federal Bank before they are sent to Iraq
Economist: All oil revenues reach the Federal Bank before they are sent to Iraq
2-3-2023
Information / special.
Economic expert Nasser Al-Kinani confirmed today, Friday, that all oil revenues come to Iraq through the US Federal Bank, pointing out that the bank has authority over the dollar and is aware of all financial transfers of this currency.
Al-Kinani told Al-Maalouma, “The US Federal Bank has complete control over Iraqi oil revenues, as Iraqi oil is not sold except through this bank so that the revenues are placed inside it.”
He added, “All money transfers are subject to the control and authority of the Federal Bank, and any defect that occurs in it, the transfer stops and is rejected, which confirms the control of this bank over the dollar for Iraq.”
And he indicated that “Iraq cannot receive oil imports directly from oil-importing countries, especially since it is sold in dollars, and this currency is not owned by Iraq, but rather belongs to the United States and the Federal Bank, which imposes its authority on this currency and follows up on its transfers and circulation in other countries.”
almaalomah.me
