Currency auction is one of the most corrupt files
BAGHDAD / Zawra: Economic expert, Mohammed Mint, on Tuesday, the file auction currency as “one of the most corrupt files” in Iraq, pointing out that it allowed the transfer of “large funds” to Oman and Dubai.
Mint said in an interview followed by «Zora» that «the file auction currency of the most corrupt files in Iraq». He pointed out that «in 2009 was published controls, regulations and instructions of the Central Bank allows the purchase of hard currency at discounted prices and for certain banks belonging to individuals or deputies or friends and responsible partners in order to benefit».
Mint pointed out that «these banks have transferred large funds as a result of the currency auction to Oman, Dubai and even some European countries, and benefited from influential people from power». He explained that «the currency auction file of the most corrupt files that are reviewed with each reform».
He added that «despite the seizure in the past five steps, but he is now back again due to regional rivalries and sanctions on Iran and the case of ISIS, which happened with the banks that opened». He stressed that «there is a file on the office of the Prime Minister speaks that IS has benefited very significantly from the currency auction».
A large number of financial policy experts opposed the auction of the currency, which they consider a “waste” of public money in these circumstances if not properly regulated and employed to serve public and economic interests.