Thursday, July 6, 2023

NEWS OF IRAQ, 6 JULY

 THE MINISTRY OF INTERIOR: LEGAL PENALTIES AGAINST 50 COMPANIES THAT DID NOT COMMIT TO SELLING IN DINARS

(Is this deja vu? )
The Ministry of the Interior confirmed, on Wednesday, the implementation of arrests and legal penalties against 50 companies and commercial entities that did not commit to buying and selling in Iraqi dinars, while indicating that more than 11,000 pledges were taken to abide by the law and deal only in dinars.
Brigadier General Hussein Al-Tamimi, Director of the Organized Crime Operations Department at the Ministry of Interior, said, “There is a great commitment by companies, shops, and car showrooms to the campaign to support the dinar and stop selling in dollars, and citizens have seen this in their daily dealings.”
He added, “The campaign began with taking 11,785 pledges not to sell in dollars and to commit to selling in dinars, then it was followed by a second stage at the beginning of last June to follow up on those who did not comply with the pledges and hold them accountable.
They were arrested and referred to the judiciary in accordance with Articles 306 and 240 of the Iraqi Penal Code No. 111.”
And he continued, “The number of those arrested has reached 50 violating companies in Baghdad and the provinces, and they are currently under investigation, and our inspection campaigns are carried out through employees in civilian clothes, as well as by receiving complaints from citizens, as we have received cases about residential complexes setting a price in dollars, as well as renting units in dollars, and they were dealt with according to the law.”

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DINARLAND UPDATE!! @DINARREVALUATION