DGIS arrests a network that manipulates dollar exchange rates in Baghdad

Baghdad - INA 

The General Directorate of intelligence and Security DGIS announced on Tuesday the arrested of a network that manipulates dollar exchange rates in Baghdad.
 
"within qualitative duties carried out by the General Directorate of intelligence and security at the Ministry of Defense, and after available accurate information  about a group of smuggling gangs and speculators at dollar price through their carrying out remittance operations and buying and selling dollars contrary to the instructions of the Central Bank of Iraq, detachments of Baghdad Intelligence and security directorate affiliated to the same Directorate and after obtaining judicial approvals managed to raid one of the banking companies in Karrada area - Baghdad” stated DGIS in a statement received by The Iraqi News Agency (INA).
 
The statement added that" the operation resulted arrest of five accused of speculators of dollar exchange rate in addition to carrying out remittance operations contrary to official instructions “noting that " they were handed over to the competent authorities."