Nassif: “Capital” Circumvents Iraqi Law And Drains Iraqi Funds Through The Currency Auction

 Nassif: “Capital” Circumvents Iraqi Law And Drains Iraqi Funds Through The Currency Auction

 Policy     2024-07-03 | 2,923 views   A member of the Parliamentary Integrity Committee, Representative Alia Nassif, revealed today, Wednesday, that the  Capital Bank is circumventing Iraqi law, while indicating that  it is draining Iraqi funds through the currency auction.  Nassif said in a tweet on "X", "Capital Bank agreed with the National Bank to circumvent Iraqi law by opening an account for Iraqi clients at Capital and then making investment transfers."

She added, "Huge sums are deposited in Iraqi dinars and then transferred and received in Amman in dollars as part of an organized operation to smuggle money into Jordan," indicating that  "Iraqi funds are being drained through the currency auction."    https://www.alsumaria.tv/news/politics/492906/نصيف-الكابيتال-يتحايل-على-القانون-العراقي-ويستنزف-الأموال-العراقية-بمز