“Legal violations” in the work of the Central Bank prompt demands to replace its governor, Ali Al-Alaq

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“Legal violations” in the work of the Central Bank prompt demands to replace its governor, Ali Al-Alaq

Abbas Al-Bassel, an expert in economics, emphasized on Saturday that the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, needs to be replaced due to the Central Bank’s violations of the law and the constitution.

Al-Basel stated to Al-Jarida, “When Al-Alaq was brought in, the work of the corrupt whales among the politicians became active, as they invested in dollars and the private sector was terminated. Meanwhile, the Central Bank imposed unnatural complications by launching a campaign against simple shops and kiosks in the markets of Shorja and Karrada, preventing the sale of electrical supplies, food supplies, and even clothing in dollars, and taking pledges from shop owners to prevent dealing in dollars

Al-Bassel added, “The dollar is right now on the ascent, when there is no authority declaration by the National Bank about the volume of settlements leaving the nation, so Ali Al-Alaq should be supplanted with an expert, non-hardliner figure.”