Representative integrity: Suspicions of corruption behind the difference in the selling price of the dollar by the Central Bank
12:59 - 11/30/2020
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Member of the Parliamentary Integrity Committee, Khaled Al-Jushami, criticized the Central Bank on Monday for its insistence on selling the dollar at a price of 119 despite its rise in the local market to 125,500, indicating that this difference goes to the pockets of the corrupt bank owners and
Al-Jushami said in a statement to / the information /, “The rise in the dollar’s exchange rate in the local market rose to 125,500, while the central bank is still selling it at its fixed price of 119, suggesting that“ the bank raises its selling price or prevents it from rising in the local market. ”
He added that "this abuse in the local market stands behind corrupt parties so that money goes into their pockets, and this is a disaster," noting that "this banking imbalance is borne by the prime minister because he chose a proxy governor who has no experience in money and banking and is a man of law."
He explained that “Article (13 A) of the Central Bank Law forces the Prime Minister to choose a personality for the position of the governor who has financial and banking experience, and these conditions are not provided by the central bank governor, but he is a legal man.” The Central Bank to vote on one of them, as well as to return the exchange rate of the dollar in the local market to 120, ie by one tiger. End / AD 25