Al-Basri: We have full information about currency price manipulators

Investigations and reports
  • 13-11-2023, 15:20
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    The head of the supporting team of the Supreme Anti-Corruption Commission, Abu Ali Al-Basri, revealed the opening an investigations into corruption files, announced the arrest of 22 defendants, and determined the fate of those manipulating the dollar exchange rates.
     
    Al- Basri said in an interview with the Iraqi News Agency (INA) that "The anti-corruption committee has large operations in the provinces of Baghdad, Basra, Salah al-Din and Anbar, as well as other operations in various places".
    Anti-corruption
     
    Al- Basri pointed out that "the committee's work continues against the accused in corruption cases and recently managed to arrest 22 involved”, noting that" the anti-corruption committee is now conducting major operations, some of which involved people who had red lines on them”.
     
    He pointed out that" the anti-corruption committee will not compliment anyone and has no red lines on anyone “, noting that "some files related to corruption need a detailed study and the committee has opened many files related to previous contracts concluded in state institutions”.
     
    He added that “the Supreme Anti-Corruption Committee has also opened the financial inflation file and has demanded large numbers of people”, stressing that "there is coordination with Interpol on those wanted in corruption cases, and this includes even dual nationals".
     
    Al-Basri added that "the competent authorities have moved to a new stage in the file of combating corruption, saving public money, returning stolen funds and preventing any new abuse", he continued that "The government is serious about the file of combating corruption and has modern remedial methods, including the automation of state institutions".  
     
    Exchange rate manipulators:
     
    Al- Basri explained that" the Supreme Committee has full information about the speculators at the exchange rate and will reach them and no one will protect them”, pointing out that "traders who manipulate the exchange rate will be denied access to the dollar through the electronic platform at the central bank, and there is a joint work and effort carried out by various state agencies starting from the support team, various agencies, the judiciary and the integrity commission”.
     
    He said that" there is a large campaign to monitor the market and illegal sale, and the support agency was able to arrest large heads who were involved”, pointing out that "the process of obtaining dollars and foreign trade exceeded 90 percent through the electronic platform and that things are moving in the right direction”.
     
    He stressed that" the state provides great support for many goods and it provides many facilities to traders “, noting that "the inflation index is low in Iraq compared to many countries, including neighbor countries”.