Saturday, August 11, 2012

Economist calls for proof of corruption charges against the Central Bank through legal channels ...

08/11/2012

Economic expert calls for proof of corruption charges against the Central Bank through legal channels Economist calls for proof of corruption charges against the Central Bank through legal channels

Called economic expert Majid picture, who accuse the Iraqi Central Bank corruption to "prove it through legal channels," saying "The process of politicization of the bank would harm the economy of Iraq."

He said the picture in a press statement that the Central Bank of Iraq represents one of the symbols of sovereign of the country and which can not attack it and accusing it of corruption through the media as it was necessary to prove any charge of corruption and submit them through the legal channels away from the media.



Confirmed "that the central bank has achieved a breakthrough for the advancement of the dinar which is desirable in the purchase because of the power envelope of the dollar.

And added that "the amount circulating in the auction sale of the currency is 32 trillion dinars divided between traders and private banks, companies and citizens and all his requirements to buy dollars to meet their needs," adding that "the central bank aims through auction to sell the currency to stabilize the exchange rate and the reduction of inflation and maintain the level of prices. " The accusations by MPs in Parliament to the Central Bank of corruption and money laundering at an auction sale of the currency.

source