Eliminate reveals the existence of 13 cases related to domestic banks to "money laundering"

Eliminate reveals the existence of 13 cases related to domestic banks to "money laundering"





Mon Aug 10 2015 18:44 | (Voice of Iraq) - Baghdad



Revealed specialized claims Integrity misdemeanor court, on Monday, the existence of 13 cases of banks eligibility relating to charges of "money laundering", and pointed out the existence of 20 defendants in these cases degree chairman, while confirming the existence of "suspicions" about the transfer of some funds to a fictitious company.

Said Judge Radhi Fartusi in a statement that "the proceedings currently underway for 13 cases related to money laundering, each of which includes civil suit against the bank," pointing out that "most of them on the way to the discount."
Fartusi He added that "there are 20 defendants on these issues largely Chairman or the Director of the Commissioner, as well as customers," noting that "the Court has completed during the last term all the missing procedures."
Fartusi He pointed out that "the cases that have been agitated by the central bank, after that person BSA irregularities on the work of a number of private banks," pointing to "the existence of suspicions that some of the money had been converted to a fictitious company in an Arab country has demanded from the bank Central to prove those allegations."
Fartusi He pointed to "the central bank prompted to select the value of the damage, and the size of the amounts which in hard currency, and the source, and where they are now, they been disposed of," noting that "the legal representative of the Central Bank told the court today that some of the accused banks began to pay what Bzmtha of funds ".

Fartusi and stressed that "this action does not fall lawsuits as damage found in public money."

The Council of Ministers, approved Tuesday (June 30, 2015), agreed on the draft anti-money laundering law, and the financing of terrorism, as also agreed to grant allowances to employees of the federal police when their participation combat missions in the event of availability of appropriations, confirmed to proceed with the completion of the field survey of the coverage of social protection , to ensure accurate data base.

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Fartusi He pointed out that "the cases that have been agitated by the central bank, after that person BSA irregularities on the work of a number of private banks," pointing to "the existence of suspicions that some of the money had been converted to a fictitious company in an Arab country has demanded from the bank Central to prove those allegations."