Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Iraqi Central Bank files are on the integrity table... suspicions of corruption in the currency

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269035
    Join date : 2012-12-21
    • Post n°1

    The Iraqi Central Bank files are on the integrity table... suspicions of corruption in the currency Empty The Iraqi Central Bank files are on the integrity table... suspicions of corruption in the currency

    Post by Rocky Tue 10 Oct 2023, 5:01 am

    The Iraqi Central Bank files are on the integrity table... suspicions of corruption in the currency auction and banks’ manipulation of the sale of the dollar
    [You must be registered and logged in to see this link.] |Today
    [You must be registered and logged in to see this image.]

    +A
    -A


    Baghdad today - Baghdad 
    The Parliamentary Integrity Committee revealed that files related to the Central Bank were submitted to the Federal Integrity Commission and the Public Prosecution after monitoring suspicions of corruption in the auction process and the manipulation of some banks in selling the dollar. 
     The Central Bank's currency auction sales raised many questions and doubts after they exceeded the $300 million barrier at times. Merchants, banks, and companies participate in the auction, without monitoring the end of that money, which is classified as import trade for the local market in most cases, or foreign transfers, knowing that the actual need for dollars in the markets and among merchants does not exceed $50 million per day, according to experts. [You must be registered and logged in to see this image.]
    Central bank failure 
     Member of the Parliamentary Integrity Committee, Hadi Al-Salami, said today, Tuesday (October 10, 2023), that “there is a major failure in the management of the Central Bank of Iraq.” 
    He added in an interview with “Baghdad Today” that “Law No. 56 of 2004 gave responsibility for inspection, oversight and control of the process of selling currencies and banking business to the Central Bank as one of its main tasks,” adding, “But we see that there is a major failure in following up on the work and performance of banks that provide excuses.” By not selling the dollar.” 
    He points out "the disappearance of the bulletin that provides detailed information about the currency auction and the names of the companies that buy the dollar," noting that "the secrecy and secrecy may carry within it suspicions of corruption."
    Al-Salami stated, “Prime Minister Muhammad Shiaa Al-Sudani has pointed out more than once the existence of money laundering and illicit gain through forged invoices,” pointing out that “there are many files that have been referred to the Integrity and Public Prosecution in recent months.” [You must be registered and logged in to see this image.]
    Acquisition of coin auction 
    For its part, the Parliamentary Finance Committee revealed, yesterday, Monday (October 9, 2023), its move to investigate the Jordan National Bank’s acquisition of 70% of the currency selling window in Iraq.
    Committee member Moeen Al-Kazemi told Baghdad Al-Youm, “The Parliamentary Finance Committee will move to investigate the issue of the National Bank of Jordan’s acquisition of 70% of the currency selling window, and we will work to host officials at the Central Bank in order to follow up on this file.” 
    Al-Kadhimi stated, “The government and the Central Bank are still working to launch reform packages in order to control the rise in dollar prices and end the difference in the dollar exchange rate in the parallel market, and the coming days may witness the launch of new reform packages.”
     A document issued by the Central Bank of Iraq, dated (October 8, 2023), and obtained by “Baghdad Today”, showed a warning to banks not to deliver the dollar to citizens under the pretext of the presence of bank decisions preventing this.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 28 Apr 2024, 3:41 am