Specialists: counterfeit currency re-emerged in the market and on the security authorities control

07-04-2013

Baghdad (news) / report / Hussein Faleh / .. It seems that the process of counterfeiting has become a lucrative business with the outlaws, where they appear from time to time cases of counterfeiting Iraqi groups five thousand and ten thousand dinars.

The number of citizens have complained in the provinces of Baghdad, Dhi Qar, Babel and Saladin the spread of counterfeit currency and dramatically in the market, what caused them to resort to buy dollars to keep their money.
And witnessed the exchange rate of the U.S. dollar soared against the Iraqi dinar during the last period due to increased demand to buy it.

Deputies and specialists in the economic sphere called the security authorities and the central bank to take their measures necessary to prevent the spread of counterfeit currency in order to preserve the national economy, stressing during their talk (of the Agency news) on the importance of withdrawing counterfeit currency from the market and issuing coins new carry blades security difficult to forge.

A member of the Economic Committee MP / National Alliance, / Amer the winner, called for: the Central Bank and the Economic Crime Directorate to take their measures necessary to prevent the spread of counterfeit currency of dinars in the local market.

He said the winner) for the Agency news): The phenomenon of counterfeiting has become widespread and largely in the market for a particular category (5000 - 10000) dinars, and this index threat to the national economy, because it will lose the confidence of citizens in dealing in Iraqi dinars.

He explained: that the reduction of the proliferation of counterfeit currency is the responsibility of the security agencies in the state by taking their own means to fight this economic crime and arrest the perpetrators.

He added: that the central bank to have a significant role in preventing the spread of counterfeit currency because it ستربك the national economy, by issuing coins with new technical specifications and high carrying blades difficult security fraud, and the withdrawal of counterfeit currency from the market in order to contribute to the reduction of this phenomenon.

He had announced the official spokesman of the Ministry of the Interior enable the Directorate of Economic Crime in the Directorate of Salahuddin province police to arrest gang specialized foreign currency fraud and possession of counterfeit $ 130 thousand.

The Interior Ministry also said in a statement mid-March last year that 'the police force to combat economic crime in Dhi Qar was able to adjust the printing press to the counterfeiting of currency during an inspection of one of the houses in the neighborhood of Sumer central city of Nasiriyah', noting that 'force found the amount of 1.521 million JD forged from all categories. '

As a financial expert as Hadi al-Tamimi, confirmed that the operations of printing counterfeit currency are outside the country, because it is a complicated process and accurate through which revealed a cipher security in the currency, as evidenced by the process spread of categories of the (5000 - 10000) dinars, and not all currencies.

Tamimi said (of the Agency news): The spread of these currencies in the market ستشوه dinar reputation and lose the trust of the deal, and this will cast on the national economy, calling on the security agencies to combat this phenomenon and the arrest of the perpetrators.

For his part, the Director of the Al-Rimal specialized to sell hard currency Raed Aziz: that fraud existed in the market since a long time but have begun to increase, more and more, where it began the category of the (10000) dinars, and now increased fraud and dramatically category of the (5000) dinars.

Aziz said (of the Agency news): The process of fraud is very accurate so that it is difficult to distinguish between editions (potable and counterfeit) not only in the currency of the dinar and the dollar but even in some cases, especially class (100) dollars.

He added: that the aggrieved citizen first and last of these processes simple because it is difficult for him knowing fraud, while ATM per experience reveals financial fraud in the process, regardless of currency counterfeiting detection devices.

He pointed out: that the majority of traders and citizens prefer in the last period the dollar without the dinar to avoid the phenomenon of counterfeiting, and this is what led to the increased demand to buy the dollar over the last period and increased its price against the dinar. / End / 8. N. R /

Link