Political central bank auction is facing a "corrupt service charge"

Baghdad-Iraq Press -8 March / March: Parliamentary Finance Committee plans to host Governor of the Central Bank and the Agency on the Keywords after he directed the policy of the bank charge "corrupt service."

She said a member of the Committee Magda Tamimi said in a statement on Tuesday that "what goes into the oil imports go to auction currency the central bank, which sells more of them and continue this policy is Winning is a service of the corrupt."

He added that "the Finance Committee plans to host Governor of the Central Bank and the Agency on the Keywords with other parties to discuss this matter."

She Tamimi, "The committee had asked the governor of the bank in the earlier meeting several questions, including that which buys Dollar traders are supposed to come to Iraq Products Summit reported that he bought from the auction currency, what are the guarantees for that, and that the merchant may sell dollar for others, or perhaps it imported goods worth less than the amount that was bought from the auction. "

She continued, "We have asked the governor to present his vision of how to control this issue because some traders are bringing false invoices for the introduction lost to Iraq."

She drew Tamimi that "the amount of central bank reserves from the dollar in the last number of the bank told us that $ 59 billion", expressing the belief that "although this is not true because the bank's policy of non-profit continuing."

The statistics of the Central Bank of Iraq reported the sale of the bank $ 2.5 billion during the month of February the second Mnkhvzh more than $ 800 million from January last, who sold the bank more than $ 3.3 billion.

It was noted recently that the central auction sales recorded a decline was the lowest since a year ago did not exceed several days the barrier of $ 100 million compared with the previous-month period.

After a drop in oil prices in July 2014 were bank sales ranging from 225 to 300 million dollars a day.

And raised suspicions of corruption and money laundering on the central bank auction, as announced specialized issues of fairness and economic crime and money laundering a misdemeanor court, on 20 August, for issuing prison terms and a fine against officials in the Rafidain and the north after being convicted on charges of corruption and money laundering, Banner oversight reports, the earlier a, Li and the presence of 20 defendants in these cases, some degree of chairman. Ended (1)