Tamimi: central policy to sell dollar reserves and serve the corrupt Bank of $ 50 billion

March 8, 2016 21:52
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Described member of the parliamentary finance committee Majida al-Tamimi, the Iraqi Central Bank's policy in Mzadeh to sell the currency as "serving the corrupt." According to the plan.
She told Altmimifi I followed news agency Buratha 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 the central bank governor [agency] on the Keywords with other parties to discuss this matter."
Tamimi pointed out that the committee had raised the bank's governor at a meeting earlier with "a number of questions, including that which buys Dollar traders are supposed to enter products for the same amount that he bought from the auction currency, but what are the guarantees for that and he [the dealer] may sell dollar for others, or perhaps imported goods is less than the amount of currency bought. "
She continued, "We also asked the governor to present his vision of how to control this issue because traders are bringing false invoices for the introduction of goods which is not in the true imported or she is less than the amount."
She drew Tamimi that "the amount of central bank reserves from the dollar in the last number have informed the Bank that $ 59 billion, but I do not think it is true it is illogical because there is a continuing of the bank and that in my view that this figure is not accurate and is probably at the beginning of the fifty billion dollars sales." .
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 it months ago where he did not exceed the number of the 100 million days barrier compared to previous-month period and even after the financial crisis that began with a decline in oil prices in July 2014 were ranging from 225 to 300 million dollars and sometimes More.
And raised suspicions of corruption, fraud and money laundering through the central bank auction as announced, specializing in national integrity and economic crime and money laundering a misdemeanor court, on 20 August issued sentences of imprisonment and a fine against officials in the Rafidain and the north after being convicted on charges of corruption and money laundering, a banner in the earlier to the presence of 20 defendants in these cases, some degree of chairman. "