SULAIMANI,— Photos showing a large stash of “25 thousand” Iraqi dinar (IQD) banknotes in Turkey were recently discovered and allegedly belong to an official from Iraq’s Kurdistan Region.
According to NRT, the photos were taken in Turkey. Kurdistan Regional Government (KRG) Parliament Member Soran Omer, from the Kurdistan Islamic Group (KIG), said that he had information regarding the photos.
According to MP Soran, the amount of cash in IQD exceeds $270 million USD. He alleged that some KRG officials are using this money for currency trading. He claims to have the name of one official in particular but he has not disclosed this information to the public.
The KRG MP said his investigation revealed the IQD “25,000”banknotes were issued in 2004 and 2008. According to MP Soran, only these two versions are used in currency trading by Turkish, Arab and German traders.
Soran told NRT there’s also a possibility the IQD banknotes are used in forging counterfeit Euro banknotes or to purchase gold for the value of the currency in Switzerland.
Omer believes the money was transported to Turkey by truck and added there is video evidence which shows this. He said the most recent video was from a hotel in Istanbul and shows a billion “25,000” IQD banknotes.
These allegations come at an especially sensitive time when the Kurdistan Region is facing an economic crisis. KRG employees have not received their salaries for five months and many others have seen their salaries reduced.
According to Iraqi law, it is forbidden to bring more than 300,000 IQD (less than $300 USD) out of the country.