The violations of the currency auction are frightening and require a serious stand by the government
Deputy for Saeron: The violations of the currency auction are frightening and require a serious stand by the government{Baghdad: Al Furat News} A deputy from the Sairoun bloc described the violations in the currency auction at the Central Bank of Iraq as “frightening.”
Rami Al-Skiny told Al-Furat News, “Sometimes this auction and the financial differences are neutralized by certain parties, which are the black market and private sector banks, where the currency exchange and the value of the dinar are manipulated.”
He added, “This requires a serious stand by the executive government towards those who manipulate this issue.”
Al-Skini stressed that “due to the large number of these violations recently and their exit to the media in frightening numbers and numbers, this phenomenon must be reduced today with the existing decline in the dollar prices and the low level of a barrel of oil due to its connection to the global market.”
And a member of the Parliamentary Integrity Committee, Kazem Al-Sayyadi, revealed yesterday, Monday, enormous money that had been smuggled by the corruption of the currency auction of the Central Bank of Iraq.
Al-Sayyadi told Al-Furat News that “the question of the head of the Parliamentary Wisdom Bloc, Faleh Al-Sari, to the Governor of the Central Bank was accurate; but unfortunately, the answer was inaccurate and vague and we noticed a favoritism for banks at the expense of the Iraqi people, behind which political forces stand to steal the people’s money,” he said.
While the representative of the Iraqi coalition, Zahra Al-Bajari, considered the currency auction as a threat to the bankruptcy of the country and told {Al-Furat News} “The currency auction greatly affects the economic situation and the Iraqi economy in general because this is a hard currency that goes out of Iraq.”
Al-Bajari demanded “to stop this auction because it affects the Iraqi economy in a large way, and we will have a pause in this matter, especially as it is trading in the halls of parliament and among the MPs interested in it.”