The report quoted European diplomats as surprised of the Iraqi government's approval to establish US Treasury offices within the Central Bank of Iraq as an extraordinary act, which considered as a blatant violation of national sovereignty in other countries.
US Treasury officials are staying in Baghdad's Green Zone before approving US sanctions on Iran, and continue to work in their offices within the central bank as observers of the movement of Iraqi funds and the movement of exchange of financial transfers between the Iraqi banks and the Central Bank. They check the foreign transfers and monitor full details movement of financial transactions between Iraqi banks and abroad banks on the one hand and between these banks and the Central Bank of Iraq on the other, the radio said in its report.
"The Iraqi government's acceptance of this oversight by US Treasury officials on the work of the Central Bank is contrary to the national sovereignty of any country in the world and is a violation of Iraqi sovereignty," the report said, quoting European diplomatic sources.
The report pointed out that the special programs introduced in the computers of the Central Bank, which uses the Office of International Auditing (KPMG) and regulate the sale of dollars and control all are seen in the form Directly and daily by US Treasury staff.
In February, employees of the US Treasury Department trained and qualified Central Bank employees on "electronic programs" prepared by computer experts at the US Treasury Department on oversight and supervision. The proceeds of the work of these electronic programs are monitored not only by US Treasury staff at the Central Bank of Iraq But is directly monitored by private administrations in the US Treasury Department in Washington on a daily basis.
The report of European radio station in Austin said a priority for US Treasury employees working within the Central Bank of Iraq and residents in Baghdad is to monitor any bank transfers between Iraqi banks and Irani banks. they scrutinize transactions to deprive Iran of any commercial and financial deals with Iraq and prevent the arrival of dollars to it.