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Sponsored by al-Maliki and his former government politicians .. $ 4 billion a month wasted money laundering!
Tuesday 04/14/2015 13:18
Observers economic would expect that the amounts wasted exceed the result of money laundering $ 4 billion a month, while calling for the central bank to adopt control measures on the work of banks, to reduce these operations, which are growing dramatically in Iraq, warning mainstreamed "into the black list."
bank manager United Investment, Saif al-Mashhadani, said the money laundering crimes are growing dramatically in Iraq, to the point of becoming threatening its inclusion on the blacklist, pointing out that "this process interferes with international parties with the help of internal parties of the most prominent politicians, former government
and influential in, so the government must take measures and measures to reduce them because of the danger and threat to the Iraqi economy and the possibility of use in the operations of corruption and terrorism. "
He said al-Mashhadani, the central bank's inability to provide hard currency to the lack of financial liquidity caused crisis in the Iraqi market, although taken measures to stop the local currency fell against the dollar .
The scene called for open ports to sell the dollar in a number of State-owned banks, particularly the new system adopted by the Bank is not without problems, as well as increased regulatory measures on banks to curb money laundering operations.
The central bank may follow the new policy, which included a cut sales of the dollar to banks and banking offices to quarter, reaching about $ 75 million a day, after it was $ 250 million, where the move was a result of the House of Representatives to include an item in the budget in this regard.
In turn, claimed the Finance Committee in the House of Representatives member Hossam presence Iraqi banks belonging to prominent politicians in successive Iraqi governments "competent money laundering," likely to exceed the amounts wasted as a result of that process $ 4 billion.
And that smuggling and money laundering involving community banks operations are known with the help of state banks in exchange for goods and fake invoices.
For his part, called Economic affairs analyst Maher al-Tamimi to "reconsider the provisions of money laundering, due to exacerbation of those operations, smuggling and corruption in the banks, pointing to the contribution of banks and part of the economic crisis the country is experiencing now.
He cautioned that the international money laundering agreements granted a lot of powers and adopted many measures to combat these crimes.
He said the central bank's cooperation with private banks over the past year the shares of the stability of the dollar exchange rate against the dinar at 1200 dinars, where they agreed on a mechanism required to provide the bank for banks hard currency through measures are examined in the Association of Banks;
provides for the purchase of the local currency of Moanin and provide them with that currency so as to provide buyers a simple profit, but to flood the market in dollars, and this is what has already been, so it should be re-work with the CDM.
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Tuesday 04/14/2015 13:18
Observers economic would expect that the amounts wasted exceed the result of money laundering $ 4 billion a month, while calling for the central bank to adopt control measures on the work of banks, to reduce these operations, which are growing dramatically in Iraq, warning mainstreamed "into the black list."
bank manager United Investment, Saif al-Mashhadani, said the money laundering crimes are growing dramatically in Iraq, to the point of becoming threatening its inclusion on the blacklist, pointing out that "this process interferes with international parties with the help of internal parties of the most prominent politicians, former government
and influential in, so the government must take measures and measures to reduce them because of the danger and threat to the Iraqi economy and the possibility of use in the operations of corruption and terrorism. "
He said al-Mashhadani, the central bank's inability to provide hard currency to the lack of financial liquidity caused crisis in the Iraqi market, although taken measures to stop the local currency fell against the dollar .
The scene called for open ports to sell the dollar in a number of State-owned banks, particularly the new system adopted by the Bank is not without problems, as well as increased regulatory measures on banks to curb money laundering operations.
The central bank may follow the new policy, which included a cut sales of the dollar to banks and banking offices to quarter, reaching about $ 75 million a day, after it was $ 250 million, where the move was a result of the House of Representatives to include an item in the budget in this regard.
In turn, claimed the Finance Committee in the House of Representatives member Hossam presence Iraqi banks belonging to prominent politicians in successive Iraqi governments "competent money laundering," likely to exceed the amounts wasted as a result of that process $ 4 billion.
And that smuggling and money laundering involving community banks operations are known with the help of state banks in exchange for goods and fake invoices.
For his part, called Economic affairs analyst Maher al-Tamimi to "reconsider the provisions of money laundering, due to exacerbation of those operations, smuggling and corruption in the banks, pointing to the contribution of banks and part of the economic crisis the country is experiencing now.
He cautioned that the international money laundering agreements granted a lot of powers and adopted many measures to combat these crimes.
He said the central bank's cooperation with private banks over the past year the shares of the stability of the dollar exchange rate against the dinar at 1200 dinars, where they agreed on a mechanism required to provide the bank for banks hard currency through measures are examined in the Association of Banks;
provides for the purchase of the local currency of Moanin and provide them with that currency so as to provide buyers a simple profit, but to flood the market in dollars, and this is what has already been, so it should be re-work with the CDM.
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