Date: 2012-08-13 11: 52: 13 Monday
Baghdad (News) … Called Iraqi National Congress leader Ahmad Chalabi, the Central Bank and financial authorities responsible to check sources of huge money paid by Iraqi banks to buy dollars from the Central Bank.
Chalabi said in a statement received (News Agency news) on Monday that Iraqi banks paid 3 trillion and 749 billion dinars for the fourth month of the year, 4 trillion and 634 billion dinars to buy the dollar in the fifth month of the year, with paid 4 trillion 177 billion dinars in the past six months.
He added: so I have to wonder where you got these banks to these vast quantities of Iraqi dinars to buy dollars in Iraqi Central Bank auction?.
Explained: the Office of financial supervision and the Central Bank of Iraq required checking account customers, it is understood that the banks are prevented from buying foreign currency and speculation to calculate if there is has a customer who has reason to buy dollars as law and order.
He continued: as you must check where he got those customers on these large amounts of Iraqi dinars to buy large amounts of dollars.
He said that the Central Bank converts dollars to buyer bank account at the Bank and correspondent central bank the right to request access to local bank account in any Bank of Iraqi reporter in the world.
He continued: it is necessary to consult the Central Bank and analysis of remittance of dollars purchased by correspondent bank after conversion from Iraq, if the Office of financial supervision and the Central Bank dollar purchases analysis, would amount to the fact of a money-laundering and the transfer of foreign currency from Iraq in violation of the law.
Chalabi called on the parties concerned to study this matter seriously because any collapse in Iraqi dinar exchange rate significant negative consequences affecting poor and low-income, commodity prices will double them.