With names…an economist reveals companies smuggling dollars from Iraq

With names…an economist reveals companies smuggling dollars from Iraq

11-1-2023

With names...an economist reveals companies smuggling dollars from IraqOn Wednesday, economic expert Omar Al-Halbousi revealed companies smuggling the dollar out of the country, stressing that the government and the central bank have not yet fought these companies and stopped the smuggling of the dollar from Iraq.

Al-Halbousi told “ Jarida ,” “New, Blue, and Zain Cash cards are one of the fraudulent means of smuggling the dollar, which speculators have resorted to to smuggle the dollar, noting that due diligence is not carried out before issuing this card, and if we tracked the cards that were held at the ports and airports, we would find many of these.” The cards issued by these companies are loaded with dollars.”

He added, “The government and the Central Bank have not yet played their real role in fighting these companies and stopping the smuggling of the dollar from Iraq,” indicating that “if the smuggling of the dollar was caused by the exchange companies that were fought, then why did the exchange rate rise so much and not decrease?”

He stressed, “These companies are run by influential people who have influence in the government and the central bank, and therefore they are overlooked in order to do what they want.”

jaredaiq.net