The central bank pulls license to sell currency the company for violating the law
08/21/2016 (00:01 pm)
o Baghdad / term
The Central Bank, on Saturday, the withdrawal of the vacation company for its conduct foreign remittances to different countries, calling for trade abolition granted to them certificate of incorporation.
The bank said in a statement received "long", a copy of it, it "decided to withdraw vacation Beirut firm to broker the buying and selling foreign currencies granted to them ", adding that" the withdrawal of the license was the result of violation of grave and especially as regards doing to hold foreign remittances to different countries and capitals. "
He called the bank and the Ministry of Commerce to" cancel granted certificate of incorporation by it and provide him with a book written off the company 's name from the records and the minutes book liquidation of endorsers. "
founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for the sale and purchase of foreign currencies with the exception of public holidays on which depends the Bank for these auctions.
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