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Parliament's economic (time): 90 percent of the banks evade currency
– September 16, 2015
Politicians and brokers wash their funds in cooperation with the authorities in other countries
Parliament's economic (time): 90 percent of the banks evade currency
BAGHDAD - just Kazem
The Commission on Economy and Investment parliamentary handle 90 percent of the civil and government banks with companies and brokers from United Arab Emirates, Lebanon, Jordan and the other backed by the political current to smuggle hard currency and looting of money the country through money laundering, calling for the adoption of money laundering and the protection of the Central Bank grant of US $ 5 billion from smuggling laws out. The specialized court revealed claims of integrity, money laundering and economic crime for granting one official banks millions of dollars in loans to companies without collateral.
Said committee member Nora Salim Hammad (time) yesterday (about 90 percent of the government of Iraqi private banks do not have the competencies or electronic expertise to deal in hard currency for that particular pressures become dealing with external and internal companies backed by local politicians and personalities and brokers from Arab countries, notably the United Arab Emirates and Lebanon and Jordan, where he forced one way or another, by giving loans without guarantees fictional amounts and help her so weak financial controls and licenses the currency in Iraq and porous banks).
She said (give amounts without collateral is one of the means of currency smuggling and money laundering that have occurred since 2005 and was still in so far as its effects on the budget) appeared.
She said that Hammad (exposure wary of loans granted by the Central Bank amounting to $ 5 billion to revive the industrial and agricultural sector that is fraud by money laundering and smuggling them abroad to the Commission must therefore be protected and set conditions limit the corruption that has tainted the process).
Pass laws
Surprising from (lack of financial oversight and the Integrity Commission for these banks and not even disclosed at this time). Calling for (the adoption of several laws, notably the money and banks laundering law to limit its work and to impose strict sanctions on dealing in foreign currency and to ensure keeping them inside Iraq as long as possible as well as the restructuring of banks associate in which the dimensions of corruption that affect 90 percent of them, specifically Islamic banks) on she said. The specialized court revealed claims of integrity, money laundering and economic crime for granting one official banks millions of dollars in loans to companies without collateral.
And an investigative judge of money laundering and economic crime Iyad Muhsin ligature said in a statement yesterday that (the court received the news about the granting of one of the important official banks millions of dollars in loans to companies without collateral).
He bandaged, he (was dealing with news seriously because it affects the economic, financial and banking system in Iraq, and that most of the information contained on it were true).
He (we do not rule out that the amounts involving money laundering crimes and may have been smuggled out of Iraq has not been the implementation of any project that has been agreed upon under the loan binders).
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– September 16, 2015
Politicians and brokers wash their funds in cooperation with the authorities in other countries
Parliament's economic (time): 90 percent of the banks evade currency
BAGHDAD - just Kazem
The Commission on Economy and Investment parliamentary handle 90 percent of the civil and government banks with companies and brokers from United Arab Emirates, Lebanon, Jordan and the other backed by the political current to smuggle hard currency and looting of money the country through money laundering, calling for the adoption of money laundering and the protection of the Central Bank grant of US $ 5 billion from smuggling laws out. The specialized court revealed claims of integrity, money laundering and economic crime for granting one official banks millions of dollars in loans to companies without collateral.
Said committee member Nora Salim Hammad (time) yesterday (about 90 percent of the government of Iraqi private banks do not have the competencies or electronic expertise to deal in hard currency for that particular pressures become dealing with external and internal companies backed by local politicians and personalities and brokers from Arab countries, notably the United Arab Emirates and Lebanon and Jordan, where he forced one way or another, by giving loans without guarantees fictional amounts and help her so weak financial controls and licenses the currency in Iraq and porous banks).
She said (give amounts without collateral is one of the means of currency smuggling and money laundering that have occurred since 2005 and was still in so far as its effects on the budget) appeared.
She said that Hammad (exposure wary of loans granted by the Central Bank amounting to $ 5 billion to revive the industrial and agricultural sector that is fraud by money laundering and smuggling them abroad to the Commission must therefore be protected and set conditions limit the corruption that has tainted the process).
Pass laws
Surprising from (lack of financial oversight and the Integrity Commission for these banks and not even disclosed at this time). Calling for (the adoption of several laws, notably the money and banks laundering law to limit its work and to impose strict sanctions on dealing in foreign currency and to ensure keeping them inside Iraq as long as possible as well as the restructuring of banks associate in which the dimensions of corruption that affect 90 percent of them, specifically Islamic banks) on she said. The specialized court revealed claims of integrity, money laundering and economic crime for granting one official banks millions of dollars in loans to companies without collateral.
And an investigative judge of money laundering and economic crime Iyad Muhsin ligature said in a statement yesterday that (the court received the news about the granting of one of the important official banks millions of dollars in loans to companies without collateral).
He bandaged, he (was dealing with news seriously because it affects the economic, financial and banking system in Iraq, and that most of the information contained on it were true).
He (we do not rule out that the amounts involving money laundering crimes and may have been smuggled out of Iraq has not been the implementation of any project that has been agreed upon under the loan binders).
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