MOI confirms the move to address 3 harmful crimes to the Iraqi economy

Baghdad-INA

The Ministry of Interior announced today, Friday, the continuation of its campaigns against the crimes of exchange rate speculation, currency counterfeiting, and commodity monopoly.

Director of the Relations and Media Department at the Ministry of Interior, Major General Khaled Al-Mahanna, told the Iraqi News Agency (INA): “The campaigns carried out by organized crime detachments regarding foreign currencies and the monopoly of goods are focused on two directions. The first is arresting entities, shops, or people who violate the laws and instructions in force.”.

He added, "This work aims to combat crimes that harm the Iraqi economy, for example dealing in other than the national currency and the severe damage it causes to the Iraqi national economy. The other axis relates to counterfeiting currency and monopolizing food materials and commodities that affect the economic sector.".

He added, "The Ministry's campaigns against manipulators, speculators, and monopolists continue throughout Iraq and target those who do not adhere to the rules and instructions of the Central Bank, especially in the field of monopolizing the dollar or trying to sell outside the scope of the market or dealing in foreign currency," pointing out that "many citizens, companies, and institutions they responded to the instructions and there was more compliance and interaction with these laws that regulate the process of purchasing currency.”.

He pointed out that "the Ministry seeks to have a voluntary commitment of citizens to this file in support of the national economy."