The parliamentary Finance Committee, threatening banks that facilitate money laundering by deterrent penalties

The parliamentary Finance Committee, threatening banks that facilitate money laundering by deterrent penalties





Information/Baghdad/..

The parliamentary Finance Committee, warned Thursday, banks of deterrent action against both the money laundering and to sabotage the Iraqi economy.

Commission member Hossam said in a statement received punitive/information/copy, the Finance Committee agreed after the presence of the Minister of finance and Director of the Office for money laundering at an initial meeting in the presence of financial integrity and economy committees of representative with the Presidency of the Council for the purpose of discussing the theme of money laundering and to take deterrent measures against the perpetrators of sabotaging the economy. "

"The meeting decided to form a senior parliamentary Committee to investigate the issue of money laundering, as the subject of high risk and negative impact on Iraqi economy", stating that "the World Bank warned the fallout from the washing process in Iraq and its high risk."

The Central Bank took a series of legal and practical measures aimed at curbing money laundering, particularly in private banks. end/25 t

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Timmy, I don't think anything phases them. Look what they have done with all of the money that was put back for the country. In 2 years or less they have squander it. It is very disturbing to me. When Yemen and Syria's money has more value than yours there is some serious problems in your country. We look so hard for the improvements we can't see or want to believe the destruction. This new GOI is not getting it done the way we thought. They are still kicking the important laws down the road and supporting the division between the sects.

I read today that Britain/US are going to mediate the issues between the Kurds and Bagdad. What that Fig over! What happen to the agreements, the hugs and kisses......Unbelievable!

I am very discourage with this mess......Sunnis vs. Shia's vs. Kurds , the endless turmoil, greed and senseless killings. We will get rid of ISIL and they will be replaced with the same old militant Shias, back by our new BFF Iran. It is a vicious cycle.

Sorry for the rant.....