Kurdistan Banks Will Take Their Share Of Sanctions .. Economic Shows The Reasons
Economy Yesterday, 12:40 |Baghdad today – Baghdad Economic expert Hevidar Shaban, today, Thursday (27 February 2025), is the reasons for imposing US sanctions on a number of banks in the Kurdistan region.
Shaaban said in an interview with "Baghdad Today" that "in the context of coordination between the US Treasury and the Central Bank of Iraq, sanctions will be imposed on banks in the region, including joint banks in my accounting project for employees salaries in Kurdistan."
He added that "this process is to control the
smuggling of currency in some banks in the region, control
money laundering,
illegal dealings
, and the
structural organization of banks."
Earlier this month, two informed sources reported that the
Central Bank of Iraq would prevent local banks from dealing with dollars.
"The Central Bank of Iraq will prevent 5 local banks from dealing with dollars in the US Treasury request." The two sources added,
"3 companies for payment services will be banned from dealing in dollars according to the US Treasury request," the two sources added. They pointed out,
"America has submitted its request due to
severe cash violations and the
smuggling
of the dollar outside the country."
https://baghdadtoday.news/268804-مصارف-كردستان-ستأخذ-نصيبها-من-العقوبات.-اقتصادي-يبين-الأسباب.html
