Al-Salami: Private banks violate the Central Bank’s instructions and waste millions of dinars daily.
Al-Salami: Private banks violate the Central Bank’s instructions and waste millions of dinars daily.
10-19-2025
Al-Maalouma / Baghdad..
Representative Hadi Al-Salami revealed, on Sunday, the existence of private banks that violate the laws and instructions issued by the Central Bank of Iraq, noting that these violations cause the daily waste of millions of dinars without effective oversight by the competent authorities.
Al-Salami said in a statement to / Al-Maalouma / agency, that “a number of private banks continue to commit serious financial violations, which leads to the waste of public money,” noting that “the Central Bank has not taken firm measures despite the clarity of the violations.”
Al-Salami called on the regulatory authorities to “open an urgent investigation into the dealings of these banks, hold those involved accountable, and take serious steps to limit the daily financial bleeding resulting from fictitious and commercially uncovered operations.”
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