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Parliamentary Finance: There monopolistic companies belonging to the political control of the central bank sales
February 15, 2015, 19:11
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Baghdad _ ((eighth day)) Deputy accused in the parliamentary finance committee, Sunday, monopolistic companies belonging to the political monopoly of the bank sales of currencies, causing serious material losses for the Iraqi economy, explaining that he had been informed of the government to take action and compel the bank put $ 75 million ceiling for higher sales. Said committee member capable of Mohammed that "the central bank sales of more than need of the Iraqi market, but the scarcity of existing and the rise of the dinar against the dollar caused by monopolistic companies." He added that "most direct bank sales of currencies go in favor of monopolistic companies affiliated to political figures you sell later at higher prices." According capable "The committee has informed the presidency of the parliament and the government about it and ordered the bank that does not exceed the ceiling of their sales to $ 75 million". | ST |
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February 15, 2015, 19:11
g
Baghdad _ ((eighth day)) Deputy accused in the parliamentary finance committee, Sunday, monopolistic companies belonging to the political monopoly of the bank sales of currencies, causing serious material losses for the Iraqi economy, explaining that he had been informed of the government to take action and compel the bank put $ 75 million ceiling for higher sales. Said committee member capable of Mohammed that "the central bank sales of more than need of the Iraqi market, but the scarcity of existing and the rise of the dinar against the dollar caused by monopolistic companies." He added that "most direct bank sales of currencies go in favor of monopolistic companies affiliated to political figures you sell later at higher prices." According capable "The committee has informed the presidency of the parliament and the government about it and ordered the bank that does not exceed the ceiling of their sales to $ 75 million". | ST |
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