MP: America imposed control of Arab banks over financial transfers to Iraq
MP: America imposed control of Arab banks over financial transfers to Iraq
1-22-2025
Information/Special..
Former MP Fawzi Akram Tarzi confirmed today, Wednesday, that Washington is imposing control over Arab and foreign banks over financial transfers in Iraq and the movement of the dollar in it in order to achieve great gains for its own benefit.
Tarzi said in an interview with Al-Maalouma Agency, “The control of foreign and Arab banks over the movement of the dollar and financial transfers to and from Iraq is intended to control the country economically and obtain financial gains for external parties. This threatens the country from the economic and political aspects and affects its general situation,” indicating that “the United States of America is behind this issue.”
He added that “the continued submission of Iraq to foreign financial domination in this way will lead to disastrous results, and we have great concerns in this regard,” calling on “senior officials and the Central Bank of Iraq to take immediate measures and have a clear agreement with Washington that guarantees Iraq’s financial and economic interests as quickly as possible and not to leave things as they are now.”
Reports confirm that 8 Jordanian and Gulf banks control money transfer operations in Iraq, which led to these banks controlling the flow of dollars into the country. This control imposed the exclusion of more than 1,000 Iraqi banks and offices, which raises concerns about negative effects on the local economy and financial sovereignty.
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