Baghdad – IA
Today, Saturday, the Central Bank denied that large amounts of local currency had disappeared.
The bank stated in a statement received by the (INA), that “the alleged accusations of the disappearance of large amounts of Iraqi currency and their smuggling to some neighboring countries are not true,” noting that “the quantities of Iraqi currency are printed according to the needs of the Iraqi economy and within strict standards.”
He noted that “the issuance of Emaar bonds (the first issue), which were completely sold, was according to the needs of the Ministry of Finance and what was stipulated in the General Budget Law.”
He stressed that it is “the only institution in Iraq that is subject to audits of its accounts and operations from four parties: the Financial Supervision Bureau, an international auditing company, a committee of external auditors, and the Internal Audit Department.”
The bank pointed out that “making accusations without providing any evidence to confirm them calls into question the intentions and their goal of harming the state’s economic interests, stressing its legal right to prosecute anyone who promotes such accusations.”