Govt. warns of illusionary investment companies

BAGHDAD / IraqiNews.com: A spokesperson for the Iraqi government, Ali al-Dabbagh, warned citizens of illusionary investment companies, which he said promise their clients high interest rates. “The security apparatus is currently interrogating a number of owners of these illusionary companies, which operate illegally in Iraq and give their clients false promises,” according to a statement released by al-Dabbagh’s office and received by IraqiNews.com. The Central Bank of Iraq (CBI) has warned citizens about dealing with these companies, the statement noted. SS (P) 1