Shafaq News / The Integrity Commission disclosed on Wednesday details of the criminal and intelligence cases related to the file (currency auction) that it is investigating, indicating that it received (4) intelligence, and opened (8) criminal cases in it.
The Investigation Department of the Commission noted that (6) of these cases were referred to the trial court and other investigation courts, as well as a case that was previously decided upon, and another that is still under investigation, explaining that among these cases are major corruption cases in the work of a private bank and indicators of cases Smuggling foreign currency outside Iraq through the bank's purchase of foreign currency for the benefit of companies claiming to import goods, pointing out that, upon investigation and scrutiny, it was found that those companies had not introduced goods to Iraq since 2004.
The department clarified that the issues included fraud and some governmental and private banks entering the auction of selling the currency in the names of companies and private account holders without their knowledge, and submitting invoices and a false import vent, as well as violating the instructions of the Central Bank when entering the auction according to the provisions of Article (3) of the Washing Act Funds No. (93 of 2004).
She added that the incoming intelligence related to the issue of (flying instruments) and the collusion of some banks with people by depositing instruments with no possession of them in order to participate in the currency auction for the purpose of profit and benefit from the price difference between the central bank and the local market, in addition to the issuance and treasury department in the central bank By buying (10) coin counting machines, they are called (universal machines) for a total amount of (15,000,000) million dollars, which shows that they are not beneficial, as they destroy the banknotes, which causes a great loss of money, confirming that (3) of these intelligence are Pending follow up.
The Authority had announced that it had completed several penal cases that it had investigated, which resulted in fines amounting to more than (245,000,000,000) billion dinars on private banks, as a result of legal violations regarding permits for two years only, and in violation of the foreign currency auction instructions for 2012.