CBI acknowledges the existence of counterfeit Banknotes in commercial markets

August 12, 2013



BAGHDAD - Iraq Presse -12 August:

CBI acknowledged the existence of Banknotes fake in commercial Alasouk, He drew Aamama to all banks to take the necessary.

And called for an official document issued by the Department of counting in the Directorate General of issuance and cupboards at the CBI under the title (currency fake) to "check on the possibility of the existence of coins forged in deposits achieved with these banks, institutions or individuals who are dealing with these banks.


http://www.iraqpressagency.com/?p=2764&lang=ar

شنكالي: the process of forging currency will affect the value of the Iraqi dinar



13-08-2013 01:13 PM

Baghdad (news) .. A member of the Economic Commission Kurdistan Alliance MP Jassim شنكالي, that counterfeit currency have a significant impact on the Iraqi economy, which will affect the value of الدينارالعراقي.

He said شنكالي (of the Agency news): The currency fraud has increased in recent yours because of the deteriorating security and economic situation and rampant corruption in all aspects of the state, as well as open borders with Iran, Turkey and Syria.

He added: that of the main reasons for the counterfeiting of currency is the lack of the sense of citizenship in most categories, everyone wants to destroy and put his own interest above the interest of everyone in order to gain even if the roads were illegal.

He continued: in addition to the lack of strict control and strict measures against counterfeiters that power has become too weak from all sides, indicating that more classes that are rigged is the (10) thousand and 25 thousand.

He explained: that the process of forging currency will affect the Iraqi economy and the value of the Iraqi currency and, in turn, will lead to the most people resort to the dollar.
The Iraqi Central Bank acknowledged the existence of counterfeit Banknotes in commercial Alasouk, He drew Aamama to all banks to take the necessary.


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