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Central: private banks foiled piracy 280 billion dinars
BAGHDAD - Mohammed Al-Salhi
Prime Minister Haider al-Abadi revealed the move to create an investment bank with the support of the state, noting that the state will provide all possible assistance for the success of the partnership with the private sector, stressing that the victory over the organization Daash needs more sacrifices, remarkable that corruption and terrorism depends on the transfer of funds without censorship. Ebadi said the development of the banking reality in Iraq conference, which was held yesterday at the Babylon Hotel in Baghdad that (Iraq moves to create an investment bank backed by the state and that after basic projects to the work of banks, which will hopefully be done soon to give a start and wide in the investment sector), and added that the (country can not succeed without a partnership between the state and the private sector and between the activities of the society and that the state will provide all possible assistance in this area for the success of this partnership) and warned Abadi that (victory over Daash will not be easy and needs more sacrifices and possibilities, because our enemy is capable because of criminality and composition Psychological intellectual to do crimes Wendy affront to humanity), stressing that (insurance liberated areas need a lot of money for the implementation of services and investment projects and to economic activity, and this is the role of banks to provide this support to the economy and investment) and continued Abbadi (freedom of foreign exchange is guaranteed and arrived at the stage of stages to great freedom), stressing that (on the central bank to exercise control over the conversion process, which sometimes turn to money laundering and organized crime, which depends on money smuggling) said Abadi that issue (the control in this area should not be the interventionist, but preventive ). He said the central bank governor and the agency on the Keywords that private banks contributed to reveal the biggest scam of piracy B280 billion dinars, stressing the need for the application of the principle of cooperation among financial institutions to prevent piracy, which would fund terrorism and organized crime operations. Alak said during the conference that (some groups use the financial and banking institutions in the practice of piracy) and called (coordination and cooperation together in order to prevent any banking crime may occur). He economist high-Obeidi, one of the organizers of the conference that Abadi instructed government sectors with the support of private banks. He told the (time) yesterday that (there is a remarkable development through large official attendance, particularly of al-Abadi, who first private sector paramount importance in spite of Cairo circumstances in the country). He added that the (international presence is a quality point to support the private banking sector because of its role in the country's development and progress of the wheel of the national economy forward). He said al-Obeidi said (Abadi instructed all government sectors with the support of private banks, and this step is the first step in the right direction). The conference was attended by representatives of Arab and foreign banks, referring to the promising environment for Iraq. The Committee announced its economy and investment parliamentary complete them for the formulation of an integrated economic program for the development of the economic reality of the country, and called on the Presidency of the parliament and the political blocs to support and turn it into a proposed law. The committee member said Ahmed al-Jubouri said in a statement yesterday that the (Commission ended formulate an integrated economic program contributes to the development and improve the economic reality of the country) returned to (the program will contribute to the fight against unemployment and the fight against terrorism as well as strengthening the private sector) Jubouri said that (the program was completed in terms of the discussions will be ready for submission to the Presidency of the Parliament the next few days), stressing (the need to support the political blocs of the program and not to involve him political conflicts) called al-Jubouri Presidency of the Council of Representatives to (convert the program to a proposed law that strongly supported in an integrated manner).
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BAGHDAD - Mohammed Al-Salhi
Prime Minister Haider al-Abadi revealed the move to create an investment bank with the support of the state, noting that the state will provide all possible assistance for the success of the partnership with the private sector, stressing that the victory over the organization Daash needs more sacrifices, remarkable that corruption and terrorism depends on the transfer of funds without censorship. Ebadi said the development of the banking reality in Iraq conference, which was held yesterday at the Babylon Hotel in Baghdad that (Iraq moves to create an investment bank backed by the state and that after basic projects to the work of banks, which will hopefully be done soon to give a start and wide in the investment sector), and added that the (country can not succeed without a partnership between the state and the private sector and between the activities of the society and that the state will provide all possible assistance in this area for the success of this partnership) and warned Abadi that (victory over Daash will not be easy and needs more sacrifices and possibilities, because our enemy is capable because of criminality and composition Psychological intellectual to do crimes Wendy affront to humanity), stressing that (insurance liberated areas need a lot of money for the implementation of services and investment projects and to economic activity, and this is the role of banks to provide this support to the economy and investment) and continued Abbadi (freedom of foreign exchange is guaranteed and arrived at the stage of stages to great freedom), stressing that (on the central bank to exercise control over the conversion process, which sometimes turn to money laundering and organized crime, which depends on money smuggling) said Abadi that issue (the control in this area should not be the interventionist, but preventive ). He said the central bank governor and the agency on the Keywords that private banks contributed to reveal the biggest scam of piracy B280 billion dinars, stressing the need for the application of the principle of cooperation among financial institutions to prevent piracy, which would fund terrorism and organized crime operations. Alak said during the conference that (some groups use the financial and banking institutions in the practice of piracy) and called (coordination and cooperation together in order to prevent any banking crime may occur). He economist high-Obeidi, one of the organizers of the conference that Abadi instructed government sectors with the support of private banks. He told the (time) yesterday that (there is a remarkable development through large official attendance, particularly of al-Abadi, who first private sector paramount importance in spite of Cairo circumstances in the country). He added that the (international presence is a quality point to support the private banking sector because of its role in the country's development and progress of the wheel of the national economy forward). He said al-Obeidi said (Abadi instructed all government sectors with the support of private banks, and this step is the first step in the right direction). The conference was attended by representatives of Arab and foreign banks, referring to the promising environment for Iraq. The Committee announced its economy and investment parliamentary complete them for the formulation of an integrated economic program for the development of the economic reality of the country, and called on the Presidency of the parliament and the political blocs to support and turn it into a proposed law. The committee member said Ahmed al-Jubouri said in a statement yesterday that the (Commission ended formulate an integrated economic program contributes to the development and improve the economic reality of the country) returned to (the program will contribute to the fight against unemployment and the fight against terrorism as well as strengthening the private sector) Jubouri said that (the program was completed in terms of the discussions will be ready for submission to the Presidency of the Parliament the next few days), stressing (the need to support the political blocs of the program and not to involve him political conflicts) called al-Jubouri Presidency of the Council of Representatives to (convert the program to a proposed law that strongly supported in an integrated manner).
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