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Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!

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Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!  Empty Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!

Post by Ponee on Wed Jun 13, 2012 12:35 pm

Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!  Zzzzzzzzzzzz114
Created on Wed, 13 June / يونيو 2012 07:47 | |





Baghdad / Orr News


A source close to the Ministry of Finance said that "the process of buying and selling of the dollar in accordance with the policy of Central Bank of Iraq auction mechanism for the benefit of the League of merchants and officials in the government," noting that it was a "framed by a special law."


The source, who preferred anonymity, disclosed to the Agency (UR) that "This process allows the five banks, civil and 22 political figure, and 10 dealers only benefit from them," explaining that "the process of buying and selling the inverse of people to Central and vice leads to profit on the amount of sales daily at a rate between 3-4 million dollars, "adding that" 6% go to private pockets, "according to the recipe.


He revealed the "leaking money out of Iraq thought," noting that it is "through a network of transfer companies that are not subject to any government control 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 during the Central Bank of Iraq. "


It is said that the Iraqi Central Bank's mission is to maintain price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign currency reserves and the organization of the banking sector, but the relationship between him and the executive branch are ambiguous.


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Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!  Empty Re: Financial source: 6% of the transactions in dollars the central bank to go politicians gangs!

Post by Kevind53 on Wed Jun 13, 2012 12:44 pm

Hmmm ... maybe they are looking for an excuse to cut off the traders?

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