Author Topic: Abdul Mahdi: cash payment system cause widespread financial corruption in Iraq  (Read 114 times)

Offline beach7

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 Abdul Mahdi: cash payment system cause widespread financial corruption in Iraq

Oil Minister Adel Abdul Mahdi on Thursday the cash payment system by the Iraqi State in domestic and foreign transactions, the system cause upheavals in financial corruption in the country.

Abdul-Mahdi said in his speech at the fourth forum of the American University of Sulaymaniyah for the second consecutive day, the financial system in Iraq depends upon payment in cash, and this is one of the key factors in the spread of corruption in the country.

And on the relationship between Baghdad and Erbil, Abdul-Mahdi said he "always hear that Kurdistan was proceeding towards independence and this decision but they have obligations towards Iraq takes time met from 10 to 20 years and which ensures that the County implemented its obligations in that period.


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