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The smuggling of millions of valid?
– JUNE 5, 2013
The smuggling of millions of valid?
Financial corruption in Iraq has not reached those yet, still looking for his horses and invent racetracks are predatory and plunder what Allaah revealed them for racing and, however, this cancer has exceeded the limits of perception, the report noted that US investigators submitted to Congress in September and published Tuesday that Iraqi financial auditors believe that about 800 million dollars smuggled out of Iraq once a week, and illegal, leading to dump the country of hard currency.
The report does not mention the smuggled the money for themselves, but in many data, primarily the Iranian influence in the Iraqi banking sector, almost certain that most of these or funds flee for Iran's banking and financial crisis choke because of international sanctions imposed on it and the bulk of the burden of meeting the demands of the Syrian regime, especially financial – hard currency, the report quoted the President of the Office of financial supervision in Iraq Abdel Basset Turki, who is a senior auditor, 80 Percent of foreign currency purchased by Baghdad a week under the supervision of the Central Bank of Iraq is transferred out of the country by the flimsy pretexts and without properly documented or legal procedures necessary for the entry and transfer.
And the Iraqi Government sacked earlier in the month October past Iraqi Central Bank Governor Sinan Al-Shabibi, along with several other senior officials at the Bank of involvement in massive money-laundering. Baghdad also issued arrest warrants for 29 Central Bank officials, including Al-Shabibi, who remains outside the country. The measure comes in the midst of the ongoing political conflict in Iraq, what drives many to insert into the Prime box, Nouri al-Maliki in a greater control over the activities of the Central Bank.
The report doubtful constitutionality step comes after the results of the monitoring of foreign currency auctions of Central Bank of Iraq ". Strong suspicion hovering around the $ 800 million purchase of Baghdad a week in auctions managed by central linked to illegal transactions. In an interview with the magazine foreign policy, did not cut the Inspector General Stuart Bowen, which prepared the report, "library as it was dispensed directly from the attempt Almalki Shabibi for political control over the Central Bank," denies that possibility, especially since Al-Maliki "will now have access to huge financial reserves kept in Bank vaults. In contrast, the response of the Iraqi Government that Shabibi was not diligent enough in combating money-laundering operations that were performed in the Central, and in most cases through weekly auctions on the dollar against the Iraqi dinar.
Report negative indicators, many other Iraqis, including the escalating violence and the deterioration of Iraq's relations with Turkey, and the influence of political and humanitarian problems resulting from the violence in Syria to Mesopotamia, as well as the interim decision on the sharing of oil revenues dispute between Baghdad and the Kurds, which does not solve the overall problem.
The report noted in the same context that Iraq faced years full of trouble, as evidenced by increased rates of official corruption and repeated incidents of violence, as well as the fear of war in Syria. The authors wrote: "rhythms of violence during the last quarter at unprecedented levels for more than two years, where met more than 854 Iraqi citizen were killed, with over 1640 Iraqis wounded, including 1,048 victim in September alone, making it the deadliest since 2010.
Commenting on the same topic, said Bowen, "even in the face of such daunting challenges, improve Iraq's economy, increasing electricity production standard, and crude oil production reached its highest since 1990, breaking the threshold of three million barrels.
Bowen's quarterly reports is an observer only to regulatory conditions in Iraq after the US invasion which resulted in the death of nearly 4,500 military and civilian employee and injuring more than 32,000 wounded, according to Pentagon figures.
According to the report, the Turkish, who also took the Governor of the Central Bank of Iraq, inspectors Office Bowen that large flows of u.s. dollars out of Iraq, and that most of these processes through activities related to the laundering of funds, and this is irrefutable proof of a large-scale corruption.
He was Deputy Governor of the Central Bank of Iraq, the appearance of Mohammed Saleh cautioned that Iraq is up sharply on demand to buy the dollar and l on this ascent of Iraqi businessmen who are selling dollars to clients in Iran suffering from global financial penalties or to Syria in fighting and lack of security.
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– JUNE 5, 2013
The smuggling of millions of valid?
Financial corruption in Iraq has not reached those yet, still looking for his horses and invent racetracks are predatory and plunder what Allaah revealed them for racing and, however, this cancer has exceeded the limits of perception, the report noted that US investigators submitted to Congress in September and published Tuesday that Iraqi financial auditors believe that about 800 million dollars smuggled out of Iraq once a week, and illegal, leading to dump the country of hard currency.
The report does not mention the smuggled the money for themselves, but in many data, primarily the Iranian influence in the Iraqi banking sector, almost certain that most of these or funds flee for Iran's banking and financial crisis choke because of international sanctions imposed on it and the bulk of the burden of meeting the demands of the Syrian regime, especially financial – hard currency, the report quoted the President of the Office of financial supervision in Iraq Abdel Basset Turki, who is a senior auditor, 80 Percent of foreign currency purchased by Baghdad a week under the supervision of the Central Bank of Iraq is transferred out of the country by the flimsy pretexts and without properly documented or legal procedures necessary for the entry and transfer.
And the Iraqi Government sacked earlier in the month October past Iraqi Central Bank Governor Sinan Al-Shabibi, along with several other senior officials at the Bank of involvement in massive money-laundering. Baghdad also issued arrest warrants for 29 Central Bank officials, including Al-Shabibi, who remains outside the country. The measure comes in the midst of the ongoing political conflict in Iraq, what drives many to insert into the Prime box, Nouri al-Maliki in a greater control over the activities of the Central Bank.
The report doubtful constitutionality step comes after the results of the monitoring of foreign currency auctions of Central Bank of Iraq ". Strong suspicion hovering around the $ 800 million purchase of Baghdad a week in auctions managed by central linked to illegal transactions. In an interview with the magazine foreign policy, did not cut the Inspector General Stuart Bowen, which prepared the report, "library as it was dispensed directly from the attempt Almalki Shabibi for political control over the Central Bank," denies that possibility, especially since Al-Maliki "will now have access to huge financial reserves kept in Bank vaults. In contrast, the response of the Iraqi Government that Shabibi was not diligent enough in combating money-laundering operations that were performed in the Central, and in most cases through weekly auctions on the dollar against the Iraqi dinar.
Report negative indicators, many other Iraqis, including the escalating violence and the deterioration of Iraq's relations with Turkey, and the influence of political and humanitarian problems resulting from the violence in Syria to Mesopotamia, as well as the interim decision on the sharing of oil revenues dispute between Baghdad and the Kurds, which does not solve the overall problem.
The report noted in the same context that Iraq faced years full of trouble, as evidenced by increased rates of official corruption and repeated incidents of violence, as well as the fear of war in Syria. The authors wrote: "rhythms of violence during the last quarter at unprecedented levels for more than two years, where met more than 854 Iraqi citizen were killed, with over 1640 Iraqis wounded, including 1,048 victim in September alone, making it the deadliest since 2010.
Commenting on the same topic, said Bowen, "even in the face of such daunting challenges, improve Iraq's economy, increasing electricity production standard, and crude oil production reached its highest since 1990, breaking the threshold of three million barrels.
Bowen's quarterly reports is an observer only to regulatory conditions in Iraq after the US invasion which resulted in the death of nearly 4,500 military and civilian employee and injuring more than 32,000 wounded, according to Pentagon figures.
According to the report, the Turkish, who also took the Governor of the Central Bank of Iraq, inspectors Office Bowen that large flows of u.s. dollars out of Iraq, and that most of these processes through activities related to the laundering of funds, and this is irrefutable proof of a large-scale corruption.
He was Deputy Governor of the Central Bank of Iraq, the appearance of Mohammed Saleh cautioned that Iraq is up sharply on demand to buy the dollar and l on this ascent of Iraqi businessmen who are selling dollars to clients in Iran suffering from global financial penalties or to Syria in fighting and lack of security.
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