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Deputy reveals recommendations to control the work of private banks

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Deputy reveals recommendations to control the work of private banks

January 22, 2017 In the News

Detect gabbar Vice parliamentary Finance Committee member Abadi, an agreement the Ministry of finance and the Central Bank Inspectorate on recommendations for "control" to work in banks, currency auction,

noting that many private banks only became buy currency from the Central Bank official price and sell them to citizens and offices of "big" teams.

Abadi said: "there are large amounts of hard currency out of the country under the guise of buying goods with false invoices without there being any goods enter", indicating that there's a lot of private banks became the sole purchase of currency from the Central Bank official price and sell them to citizens and the offices of a big difference.

He added, "Treasury Inspector General met with the Committee on several topics including mechanisms for controlling the work of private banks in an auction to sell the currency," he said, adding that

"the Inspector General noted that the recommendations have been agreed with the Central Bank and will be sent to the parliamentary Finance Committee for the purpose of consultation and cooperation to overcome this problem and reduce this phenomenon.

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