Allow five banks and 22 political and 10 traders take advantage of them .. 6% of the central bank transactions in dollars go to private pockets!
12.06.2012 0:00
The future of Iraq / special
A source close to the Iraqi Finance Ministry said that «the process of buying and selling of the dollar according to a policy Auction CBI mechanism of benefit of the League of merchants and officials in the government», pointing out that the «framed the law of its own».
The source, who preferred not to to be named for »the future of Iraq» that «This process allows the five banks, civil and 22 political figure, and 10 dealers only benefit from them», pointing out that «the process of buying and selling the inverse of people to Central and vice leads to profit on the amount of sales per day at a rate between 3 -4 million dollars », pointing out that« 6% would go to the pockets of private », according to the recipe.
and revealed the process of «the diversion of funds out of Iraq thought», indicating that they are «through a network of transfer companies that are not subject to any government oversight of financial» , explaining that «Thus, large amounts lose the national budget each year go to the categories of beneficiaries of the political elite, and behind them, traders from the Auction Central Bank of Iraq».
The House on Central Bank recently a lot of controversy and faces Central Bank Governor, located outside Iraq Most of the time, severely criticized because it «did not bother to reply and clarification and appearing in public for the public to clarify the circumstances» according to one economist.
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