A parliamentarian considers adjusting the exchange rate an “expansion” of corruption and talks about “involving citizens” in the money laundering process

A parliamentarian considers adjusting the exchange rate an “expansion” of corruption and talks about “involving citizens” in the money laundering process

2023-03-04 06:55

A parliamentarian considers adjusting the exchange rate an expansion of corruption and talks about involving citizens in the money laundering processShafaq News/ Independent MP, Raed Al-Maliki considered, on Saturday, that adjusting the exchange rate of the dollar is an “expansion” of corruption, indicating that granting citizens sums of money when they travel involved them in the money laundering process.

The Central Bank grants each traveler a maximum of 7 thousand dollars at the official rate of 1132 dinars per dollar when traveling.

The Central Bank decided to adjust the exchange rate of the dollar to be 1130 dinars per dollar, after it was 1145 dinars per dollar.

Al-Maliki said during a press conference held in the parliament building, which was attended by the Shafaq News agency reporter, “The adjustment of the dollar’s exchange rate expanded the corruption process by changing the exchange rate and directly involved the citizen in the money laundering process,” adding, “Now the citizen has entered into this issue, and we are hearing talk about citizens who are buying dollars under the pretext of travel, and thus they became part of the money laundering process and the smuggling of dollars abroad.”

He pointed out that “these problems are more important than preoccupation with the provincial elections, which many Iraqi people reject,” he said.

Al-Maliki called for “amending the provincial law before holding the provincial council elections,” stressing the amendment of “provincial law No. 21 of 2008 amended in order to change the nature of the work of the provincial councils.”

Al-Maliki believed that “any amendment to the electoral system that causes the citizens’ reluctance to participate in the elections is a blow to democracy and the destabilization of the political system.”

shafaq.com