The smuggling of $ 6.4 billion over three years from the central bank through auction Huda Al-Ahli Bank
The smuggling of $ 6.4 billion over three years from the central bank through auction Huda Al-Ahli Bank
Sunday, November 8th, 2015 12:15
BAGHDAD / Baghdadi News / … revealed in Baghdad for documents, showing the extent of corruption resulting from the smuggling of billions of dollars in oil revenues over the currency auction, run by the Central Bank of Iraq.
Huda where the bank to transfer worth $ 6.4 billion since 2012, their participation in the auction currency administered by the Central Bank of Iraq. According to the documents, bearing the number 740 on reported (10/11/2015).
She drew close to the bank manager to buy large amounts of dollars from the central bank with false documents, and the companies have to transfer to each other, and the other is registered with the Registrar of the Ministry of Commerce companies.
The document also revealed the existence of dozens of banks in Iraq are these operations on a large level.
With deliberated media (October 7, 2015), reports of mysterious and suspicious relations between the owner of Huda Commercial Bank on the one hand and the Central Bank and the Committee of the auction in which the other.
Where the owner Huda Bank to open the doors of the bank until 20:00 pm to take over the Iraqi currency and immediate delivery of hard currency in Oman through the exchange and the urgent exchange of Baghdad in the Jordanian capital, and the rate is low compared to the exchange rate that day.
The media reported that the suspicious process confused sell the currency market, and reflected negatively on the situation of traders who work on the stability of the market and the Iraqi dinar exchange rate, and it’s a fallacy to measurements traded process according to the Iraqi Central Bank instructions.
And that raised questions about the Central Bank and the Committee for the auction, which did not prevent the bank from entering Huda auction daily, and ensured his share continuously not to be ruled out for the auction, but rarely event.
With regard to the Commission’s central bank auction, it gave a clear advantage to the Bank of Huda, did not stand by any Iraqi bank to another.
He indicated that the owner of the bank, seen almost daily on the central mysteries and special instructions, where some officials in the bank slipped Alih.anthy 21 / N
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