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Call central bank governor soon .. mafias corruption seizes the currency auction

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rocky
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Call central bank governor soon .. mafias corruption seizes the currency auction

Post by rocky on Sun Nov 12, 2017 2:02 pm

First topic message reminder :

Call central bank governor soon .. mafias corruption seizes the currency auction



November 12 .2017 - 9:14 | 

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Sommer News: Follow-up .. specialists in the financial and economic affairs revealed the existence of mafias of corruption take over hard currency auction in the central bank, making a large drain of hard currency in the country, calling on the federal government to shut down the currency auction because it has become an outlet for the destruction of the national economy.

Parliamentary Finance Committee says that corruption mafias dominate the foreign currency auction requires competent authorities to intervene to reduce the depletion of the currency because it is destructive of the national economy.

The MP said Magda Tamimi, a committee member said, "There are four points of control of the hard currency auction in the central bank, including small private banks that are almost fake and central bank officials and businessmen and other fictitious companies."

"The Finance Committee will call the central bank governor to discuss this topic to reduce the depletion of hard currency."

For his part, he said the financial expert in the name of Shan Tamimi, said the hard currency auction has become an outlet for corruption and the destruction of the economy, pointing out that the presence of the national currency to destroy the opposite of what planned.

Tamimi said that the size of the existing corruption in the auction currency intervention calls the competent government authorities and the Integrity Commission to hold accountable the perpetrators of the destruction of the Iraqi economy, calling for the cancellation of the auction and the search for a new mechanism to balance the balance Morphological currency. "

Specialists believe that the hard currency at the central bank auction portal for the smuggling of money laundered, stressing that the currency auction is limited to certain companies affiliated to political beneficiaries, while calling for the Central Bank to cancel the auction currency and improve its monetary policy to support the value of the dinar.

And it resulted in the depletion of Iraq's money in the auction sale of currency to Iraq reserves decline in hard currency at the central bank to $ 43 billion, according to MP Abdul Salam al-Maliki, a member of the Committee on Economy and Investment, which adds that the central bank sells at auction a month nearly six billion dollars in return oil imports do not up to that amount.

Often revive economic mafias in the absence of follow-up, strict laws and the aging of the banking system and its mechanisms in the follow-up to the circulation and transfer of cash, and this is the case with Iraq, according to the words of followers and activists, especially since the Integrity Commission has recently announced the increase in cases of banking fraud and theft of billions of dinars from government banks check without balance some staff complicity.


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rocky
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Coming soon .. Call the governor of the Central Bank .. Mafiat corruption seize the auction of hard

Post by rocky on Wed Nov 15, 2017 7:11 am

[size=24][size=36]Coming soon .. Call the governor of the Central Bank[size=36] .. Mafiat corruption seize the auction of hard currency[/size][/size]

[/size]
 
 
Updated 12/11/2017 11:05 AM 
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BAGHDAD / DANNIR / .. Detectors in the financial and economic affairs of the existence of mafia corruption seized on the auction of hard currency in the Central Bank, which made there a large drain of the hard currency in the country, calling the federal government to close the currency auction because it has become an outlet to destroy the national economy.

According to the parliamentary finance committee, the corruption mafia controls the auction of hard currency calls for the competent authorities to intervene to reduce the depletion of the currency because it is considered a destruction of the national economy.

"There are four parties that control the hard currency auction at the central bank, including small private banks that are almost fictitious, employees of the Central Bank, businessmen and other fictitious companies," MP Majida al-Tamimi told Agence France-Presse.

She added that "the Finance Committee will call the governor of the Central Bank to discuss this issue to reduce the depletion of hard currency."

For his part, said the expert in financial Bashim Tamimi, the auction of hard currency has become an outlet for corruption and the destruction of the economy, pointing out that his presence to destroy the national currency contrary to what is planned.

Al-Tamimi told "Dinar" that the volume of corruption at the auction requires the intervention of the competent government agencies and the Integrity Commission to hold accountable those responsible for the destruction of the Iraqi economy, [size=19]calling for the [size=19]cancellation of the auction and the search for a new mechanism to balance the balance of currency.[/size][/size]

Experts believe that the currency auction with the Central Bank is a gateway to the smuggling of funds and whitening them, stressing that the currency auction is limited to certain companies belonging to political parties beneficiaries, while [size=19]demanding the Central Bank to [size=19]cancel the auction of currency and improve its monetary policy to [You must be registered and logged in to see this link.] the value of the dinar.[/size][/size]

The depletion of Iraq's money in the sale of the currency to reduce Iraq's reserve of hard currency in the central bank to 43 billion dollars, according to MP Abdul Salam al-Maliki, a member of the Committee on Economy and Investment, adding that the central bank sells in the auction monthly about $ 6 billion in return for oil imports not Up to this amount.

According to observers and activists, the Commission for Integrity has recently announced the increasing number of bank frauds and the theft of billions of dinars from government banks with a check without credit. With the complicity of some staff. / End / 8 /
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sassy
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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

Post by sassy on Wed Nov 15, 2017 7:20 am

duck banna3 banna2  It’s about time!!!
Dance
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weslin3
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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

Post by weslin3 on Wed Nov 15, 2017 8:01 pm

WOW!!! WOW!! Sassy we are almost there... drunk Dance drunk Dance yes
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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

Post by weslin3 on Wed Nov 15, 2017 8:03 pm

How did I miss this, this morning?

demanding the Central Bank to cancel the auction of currency and improve its monetary policy to support the value of the dinar.
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weslin3
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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

Post by weslin3 on Wed Nov 15, 2017 8:05 pm

[You must be registered and logged in to see this link.] wrote:
[You must be registered and logged in to see this link.] wrote:Wow, this is good news, hopefully they will stop the Auctions!  We've been waiting to hear this for years if I'm remembering right   hum

you are remembering correctly.

yes yes yes yes yes
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ahill
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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

Post by ahill on Wed Nov 15, 2017 10:08 pm

weslin,

I'm not up that early to read any 'hot news' in the morning.
It's usually well cooled off by the time I get on NP.
But I still love reading and appreciating all the posters.   thumbs
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BILLYB
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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

Post by BILLYB on Wed Nov 15, 2017 10:35 pm

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Re: Call central bank governor soon .. mafias corruption seizes the currency auction

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