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The Central Bank withdraws permission to mediate two companies to sell and buy currencies for violating instructions


yota691
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18-10-2017 10:57 AM
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The Central Bank of Iraq announced on Wednesday the withdrawal of a license to mediate two companies to sell and buy foreign currencies for violating instructions. 

The bank said that "in view of the violation of the company Karam friends and Zad to mediate the sale and purchase of foreign currency provisions of the instructions to regulate the work of mediation companies decided to withdraw the leave of establishment of the two companies and withdraw their letter of guarantee issued for the benefit of this bank. 

The bank called on the Ministry of Commerce to 'cancel the certificate of establishment granted to them by them, in addition to removing the names of the two companies from their records and providing the Central Bank with the letter of liquidation certified'.

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