Previous Money Council part Mohammed Al-Shabaki blamed Washington on Monday for controlling the oil incomes held in the US Central bank.
In a statement to, Al-Shabaki noted that “this policy that America imposed on Iraq is the cause of the calamity in its economic situation” and that “there are issues imposed on Iraq and dominance over the Iraqi economy by the United States.”
“Iraq does not have sovereignty over its money from oil exports that is in the US Federal Reserve,” he added, urging the government to “free itself from this pressure and have a say in restructuring the relationship with the Americans.”
He stated, “Iraq is asking the American side for a lot of money, which represents the proceeds of the amounts in the Federal Bank.” He was referring to Iraq.
Prior, Al-Fatah Collusion part Ali Hussein cautioned in an explanation to Al-Maalouma Organization of the American command over the oil monetary incomes in the Government Bank, blaming Washington for taking advantage of this control to apply strain on Iraq.
