This [Money Laundering] is a big issue for Iraq. If your government can’t stop laundering money, you’re going to stay on a so-called blacklist. Your money will never be traded internationally because nobody’s going to trust you. Once again people have found out Iraq is funneling money to Iran, money laundering it. They find new, different ways and because of that the US dollars received are restricted. And because of that restriction it causes a huge black market and causes their currency to devalue.
