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Baghdad/Iraq News Network-Rusafa Tribunal revealed the main features of money laundering in Iraq, asserting the existence of two ways to identify it as an unusual move or inform regulators in the Central Bank, stressing that the amounts resulting from such offences through bribery, banking and money transfer, explaining a coordination between them and the integrity of their proposals in order to carry out its work properly and prosecute those involved. in spite of nine years on the money laundering Act the judge readily allu, The Deputy Prosecutor in Rusafa Tribunal second point "not familiar in dealing with offences of this type of specialized agencies, and that the street does not have a culture of money laundering", stating that "the need is now necessary to consider the experiences of advanced countries that preceded Iraq by long distances to track money laundering offences." money laundering from Al-Anbuge specialising in economic crime cases "the backbone of the State through its impact on the national economy," returned "combat UXOs represent the administrative corruption and bribery It is a series of interrelated actions come with several results in that one. "
Fertile environment for money laundering
And the Deputy Prosecutor of the Tribunal demonstrates achievement of Rusafa/the fertile environment the second breed money laundering that "most crimes feed on private banks and remittance companies as beneficiaries understand the categories of State officials or contractors", explaining that "this crime requires money, and the perpetrator cannot be disposed of easily identifiable from regulators and thus inevitably interlinked chain cleaned up to be useable.
In response to a question about the most pervasive money laundering offences in the country, said Al-Anbuge as those resulting from the manipulation of banking where there are several claims to the courts ", he says that" a particular natural person or a company to deposit guarantees in native Bank which in turn pulls part of amounts deposited in the account and the person associated in 'er's and then is pulled back by the instrument and puts it in the company internal transfers in the name of the people ", and" start here Cleanup of the beneficiaries of funds withdrawal and deposit them through other people in order to break the chain and completed money laundering by repeating this process for about seven times.
By detecting crime
And crime detection methods alabenaki said that "Iraq continues to rely on two ways; first by investigating routine proceedings as a betrayal, and very high success rates, by moving the victim complained to the Bank as a result of the non-return of its funds and follow the movement of the account based on the dates of the withdrawal amounts", pointing out that "the second way is through the money laundering Office at the Central Bank, which specializes in tracking the movement of funds in and out of Iraq as well as transfers between banks," Noting that "the Office power Formation of a civil company records of transfers and when observed suspicious movements follow closely and ask the Court to investigate economic issues specialized moving complaints against parties. "
Al-anbaki cautioned that "after proceedings begin the economic crime Directorate collects information on the case before it and the Office for money laundering for the Central Bank to provide the Court with documentation and movement of funds
In order to trace ", adding that" we cannot take action against any of the parties to the case only with the availability of sufficient evidence or confirmation of a process of money laundering ", stating that" the economic crime Directorate in the gathering of evidence to implant elements within the parties or purchase money "estimated" success rate access to crime on the second case by 50% ".
Difficulties in collecting evidence
According to Al-Anbuge, difficulties in the work althakikh in money laundering offences is that contracts involving suspicious funds as commissions usually sign outside Iraq with foreign countries that are difficult to access, "the beneficiary of the Commission is a third party needs to be cleaned up and here we become crimes; the first corruption and laundering of funds resulting from corruption."
He hopes Al-Anbuge "convert specialized money laundering section of the economic crime Directorate, expressing his belief that" with the integrity Commission to reduce corruption comes the need for a device that keeps track of the resulting money and recover the Directorate with the crew of dedicated investigators are briefed on foreign experiences in order to grant him extensive experience in complete functional duties, the Directorate if created would be in coordination with the Commission of integrity that will facilitate a lot of Obstacles ahead because we have information about money to access it. "
The Al-Anbuge to "combat corruption requires a number of important measures which promote our claim to find the wide powers," regretted "not having right now with orders to the Central Bank to set up committees to monitor and record the banking companies send the records to
The Bank may be subject to change or chalking, requires supervisory teams to be sent to these companies to audit procedures in the workplace. "
The need for modern means of tracking down offenders
In turn, observers attributed the perceived difficulty of detecting money laundering to bug the Executive procedures of proof, calling for the use of modern methods to reach those involved in these crimes.
Bidrabed Sattar Mohammed said an investigating judge of integrity that "money laundering offences require accuracy in proven, effort and advanced and sophisticated procedures associated with an environment of stability at all levels in the country."
"There is a difficult investigative work related to faulty Executive lies with proof of deposit to the capital and pursue the suspect", now "reduce crime with more modern evidence through participation in external courses and learn the advanced world in the field of money laundering, there is recourse to sophisticated listening devices and control computers and GPS (GPS)", stressing the "need for cooperation between the specialized agencies and private banks and don't rush in Opening of the capital where space finds corruption away from government counterparts ".
Judge reduces the integrity of "the important contribution of exchange offices on money laundering as it is currently under heavy censorship, and most of these cases, the private banks that over the 25 banks after 2003 because of economic openness and trade."
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