Integrity: the central bank bought 10 machines with $ 15 million turned out to be tearing up money!
12:09 - 11/12/2019
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The information / Baghdad ..
The Integrity Commission revealed, on Wednesday, that the Central Bank of Iraq purchased 10 machines at $ 15 million to count the currency before it was found that it was tearing the money.
The authority said in a statement, which received / information /, a copy of it, that “the incoming intelligence is related to the subject of (volatile sukuk) and the collusion of some banks with people by depositing sukuk 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 The local market, in addition to the purchase of 10 currency counting machines called the “comprehensive machines” by the Central Bank and the Central Bank, with a total amount of (15,000,000) million dollars, which were found to be of no benefit, as they destroyed the banknotes.
The commission added, "This has caused a great loss of funds," confirming that "3 of those intelligence are being monitored." Ended / 25