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Suspected Central Bank auctions and $ 500 million is wash it weekly
Created on Monday, 01 October 2012 11: 54 | |
Baghdad/Orr news
The parliamentary Finance Committee revealed the results of preliminary investigations into money laundering within the Central Bank about $ 500 million a week and move to collect signatures to form competent investigative Committee to find out the fate of those funds and users behind.
Attorney Haytham Al-Juburi said that a Committee calendar within Parliament aware of official documents and evidentiary items on public money wasted in operations and the lack of transparency in the Central Bank auction and other circumstances shrouded in mystery.
The Committee operates under the auspices of first Deputy Speaker Qusay Suhail and includes the Chair of the Finance Committee and the Chairman of the Committee on economy, investment and Chairman of the audit and other deputies. Al-Jabouri said that collecting signatures built 85 deputies to demand the formation of a competent investigative Committee for checking those documents and laundering, indicating that there is documentation on the big rig at an auction of Central Bank from February to August of this year 2012. He is a member of the parliamentary Finance Committee that the indicators documents support a capital billion dinars registered at the Central Bank but investing outside Iraq.
He said the Central Bank sold during may last about four billion dollars have been transferred abroad, but Rao returned to say that those who have such enormous liquidity does not find it implemented without due and cannot represent individuals but unofficial contacts window, as some departments, accusing foreign banks operating in Iraq of complicity in money laundering, said one Gulf banks engaged in currency into Baghdad from rented flat downtown WA Treasury bills has monitored and bailouts Bank billion dinars.
He stressed that the need is urgent to activate the anti-money laundering Act and change the Central Bank's departments, especially the banking operations control section works correctly and is not precise what broad room for manipulation and wasting public money.
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Created on Monday, 01 October 2012 11: 54 | |
Baghdad/Orr news
The parliamentary Finance Committee revealed the results of preliminary investigations into money laundering within the Central Bank about $ 500 million a week and move to collect signatures to form competent investigative Committee to find out the fate of those funds and users behind.
Attorney Haytham Al-Juburi said that a Committee calendar within Parliament aware of official documents and evidentiary items on public money wasted in operations and the lack of transparency in the Central Bank auction and other circumstances shrouded in mystery.
The Committee operates under the auspices of first Deputy Speaker Qusay Suhail and includes the Chair of the Finance Committee and the Chairman of the Committee on economy, investment and Chairman of the audit and other deputies. Al-Jabouri said that collecting signatures built 85 deputies to demand the formation of a competent investigative Committee for checking those documents and laundering, indicating that there is documentation on the big rig at an auction of Central Bank from February to August of this year 2012. He is a member of the parliamentary Finance Committee that the indicators documents support a capital billion dinars registered at the Central Bank but investing outside Iraq.
He said the Central Bank sold during may last about four billion dollars have been transferred abroad, but Rao returned to say that those who have such enormous liquidity does not find it implemented without due and cannot represent individuals but unofficial contacts window, as some departments, accusing foreign banks operating in Iraq of complicity in money laundering, said one Gulf banks engaged in currency into Baghdad from rented flat downtown WA Treasury bills has monitored and bailouts Bank billion dinars.
He stressed that the need is urgent to activate the anti-money laundering Act and change the Central Bank's departments, especially the banking operations control section works correctly and is not precise what broad room for manipulation and wasting public money.
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