January 22, 2017
Said the parliamentary finance committee member Ahmed Sarhan, the private banks are subject to the law in their work, while noting that it licensed from the state and the central bank.
Ahmed said on Sunday, in a statement to the Iraqi network transmitter (IBN), that "private banks licensed by the state and the Central Bank," adding that "those banks are subject to the law of the banks."
He pointed out that "any violation of these banks at the auction of the currency would be punished," pointing out that "the central bank can take all measures against violations of those banks."
He stressed the need to "work the central bank to the fullest to control the work of private banks in the auction of the currency."
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