Economist: Currency auction of the most corrupt files and allowed the transfer of large funds to Oman and Dubai
Economist: Currency auction of the most corrupt files and allowed the transfer of large funds to Oman and Dubai
2019-11-12
Economist Mohammed Mint, on Tuesday, considered the file auction currency as “one of the most corrupt files” in Iraq, pointing out that it allowed the transfer of “large funds” to Oman and Dubai.
Mint said in an interview that “the file of the currency auction of the most corrupt files in Iraq,” noting that “in 2009 was published controls, regulations and instructions of the Central Bank allows the purchase of hard currency at discounted prices and to certain banks belonging to individuals or deputies or friends and responsible partners for Benefit”.
“These banks have transferred large funds as a result of the currency auction to Oman, Dubai and even some European countries and benefited from influential people from power,” Mint said, adding that “the currency auction file is one of the most corrupt files reviewed with each reform.”
He added that “despite the seizure of the past five steps, he is now returning again for reasons due to regional rivalries and sanctions on Iran and the case of ISIS, which took place with the banks that have opened.” Very currency auction. ”
A large number of financial policy experts opposed the currency auction, which they consider a “waste” of public money in these circumstances if it is not properly regulated and employed to serve public and economic interests.
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