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State banks and Dubai, Oman is accused of laundering money in Iraq
2015/04/07
Ansar / Baghdad .. Finance Committee in the House of Representatives on Tuesday revealed the involvement of government and community banks and other Arab money laundering operations in Iraq, while explained that the money up to four billion dollars.
He said the parliamentary finance committee member Faleh Surrey in a statement received site "Ansar", a copy of it, that "the Iraqi economy suffered a major smuggling operations with money during the past three years," noting that "there is money laundering practiced civil, governmental and Arab banks smuggling operations."
Added Sari that "smuggling and washing operations, where community banks Iraqi known owner involved," adding that "some government banks contributed to the financing of certain amounts."
He continued, "Sometimes up amounts through money laundering operations to four billion dollars in Iraqi dinars any Mikabl five trillion Iraqi dinars," expressing his own question by saying, "Who is the person who has this amount of Iraqi currency?".
He said a member of the parliamentary finance committee that "some of the Iraqi government banks contributed to the funding process, while the private banks washing and conversion process, for goods does not exist and fake invoices," pointing out that "there are banks and clear-cut, which turned them money in Dubai and Oman, and that these banks belonging to those countries. "
He explained that "the measures taken by the Money Laundering Department of the Central Bank of Iraq were not at the required level, and did not seize any person washing despite the presence of the law defines the functions of this department," noting that "the Ministry of Finance as a point of spectator was not effective and weatherproof washings, during the period years. "
A report by the Institute of Government in Basel, Switzerland, had confirmed in September 2014, that Iraq is ranked number six in the world the highest risk in the fight against money laundering. Finished / 62 d
Source: Ansar
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2015/04/07
Ansar / Baghdad .. Finance Committee in the House of Representatives on Tuesday revealed the involvement of government and community banks and other Arab money laundering operations in Iraq, while explained that the money up to four billion dollars.
He said the parliamentary finance committee member Faleh Surrey in a statement received site "Ansar", a copy of it, that "the Iraqi economy suffered a major smuggling operations with money during the past three years," noting that "there is money laundering practiced civil, governmental and Arab banks smuggling operations."
Added Sari that "smuggling and washing operations, where community banks Iraqi known owner involved," adding that "some government banks contributed to the financing of certain amounts."
He continued, "Sometimes up amounts through money laundering operations to four billion dollars in Iraqi dinars any Mikabl five trillion Iraqi dinars," expressing his own question by saying, "Who is the person who has this amount of Iraqi currency?".
He said a member of the parliamentary finance committee that "some of the Iraqi government banks contributed to the funding process, while the private banks washing and conversion process, for goods does not exist and fake invoices," pointing out that "there are banks and clear-cut, which turned them money in Dubai and Oman, and that these banks belonging to those countries. "
He explained that "the measures taken by the Money Laundering Department of the Central Bank of Iraq were not at the required level, and did not seize any person washing despite the presence of the law defines the functions of this department," noting that "the Ministry of Finance as a point of spectator was not effective and weatherproof washings, during the period years. "
A report by the Institute of Government in Basel, Switzerland, had confirmed in September 2014, that Iraq is ranked number six in the world the highest risk in the fight against money laundering. Finished / 62 d
Source: Ansar
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