Finance Minister: The currency auction is an important part of spreading corruption, and we have evidence that large blocs are involved in it

Time: 02/05/2021 22:10:43 Read: 6,903 times

{Baghdad: Al Furat News} The Minister of Finance, Ali Abdul-Amir Allawi, said that the window for selling the currency {currency auction} to the Central Bank of Iraq, previously, was an important part in spreading financial corruption in the country. ”

Allawi said in a television interview, “We have sufficient evidence that the currency auction of the Central Bank was previously an important part in spreading corruption, and there are large political blocs involved in it and take the names and personalities participating in the auction as a front for it.”

Regarding the possibility of naming these blocs, Allawi said, “I do not have judicial immunity, and even legal protection measures are not sufficient to reveal the names.”

He added, “Corruption has decreased a lot because of the lack of financial resources for appointments and other things, but it remains rooted due to the accumulations of past years.”

Allawi stressed, “A political bloc has never nominated me for the current position, and I was assigned exclusively by Prime Minister Mustafa Al-Kazemi, with whom I have an old friendship since the 1990s,” noting that “the prime minister offered me at the beginning of the formation of the government the Ministry of Oil instead of the Ministry of Finance, and my nomination to the ministry was done from him.” Exclusively “.

He pointed out that “the Iraqi constitution gives the legislative body {Parliament} great power in front of the authority of the executive authority, and this means that there is no balance in the process.” 

Allawi ruled out “the existence of an external solution, as happened in changing the previous regime, just as the Iraqi cannot accept that a neighboring country imposes its will on his country by force, and reform and the democratic path remains the only alternative.”

It is noteworthy that the House of Representatives intends to question the Governor of the Central Bank of Iraq, Mustafa Ghaleb, fearsome by the head of the parliamentary wisdom bloc, Faleh Al-Sari, in several files, including the corruption of the currency auction.

The interrogation was scheduled to take place on the 30th of last month, but it was announced that the interrogation session would be lifted to another notice because of the lack of a quorum.

The representative of the Nasr Bloc, Hoda Sajjad, said to the Euphrates that a parliamentary bloc came to question the head of the Media and Communications Commission in absentia and evaded the attendance of the questioning session of the bank governor.

While the representative of the Al-Fateh bloc, Sanaa Al-Mousawi, said that “political agreements are behind the postponement of the questioning of the bank governor,” noting that “the failure of many MPs to attend the interrogation session is a disappointment in the stifling economic conditions in Iraq,” as she said.

Ammar Al-Masoudi


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