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Parliamentary form of financial banking committee to follow up the money laundering and smuggling hard currency issues
Thursday 21/05/2015 23:03
BAGHDAD / WAP / Osama success ... revealed financial representative, Thursday, the formed banking subcommittee which is made up of six members to follow the money and issues of hard currency smuggling and follow up on some of the banks that hover around some suspicions washing file, while the economic expert on behalf of Antoine called on the government to to form a committee with the fight against the Interior Ministry's economic crime to reduce waste operations in the foreign exchange provided by the central bank that device.
He said the parliamentary finance committee member Haitham al-Jubouri told Xinhua Baghdad International / WAP / "The money laundering case no less dangerous than terrorism, which is published by factions Daash for being prejudice the security of the country and increase the financial and administrative corruption." He Jubouri that "the Commission has formed a sub-committee called the Committee on Banks made up of six members, headed by Chairman of the Finance Committee parliamentary Ahmad Chalabi, which will be the body responsible for the follow-up of this file and search in the smallest details to get to the positive results challenge of this phenomenon that has spread dramatically in the last period. " And that "the Commission has dispatched several official correspondences during the past few weeks to some banks and banks that you transfer the money to the inside and outside Iraq and hovering by some suspicions of corruption ", adding that" these banks Committee addressed but anxious and confusing format draws attention this matter has caused Committee has some doubts that the money laundering operations practiced within them jointly with some foreign banks that have branches inside Iraq. " Jubouri said that "the growth of this phenomenon in the last period due to the presence of terrorist organizations and organized crime gangs and organized the flow of funds to finance terrorist activity and the entry of foreign companies to carry out reconstruction projects and the weakness of the effectiveness of government regulatory agencies procedures," pointing that "the Commission has adequate information and certain official documents obtained by some existing sources within these banks," calling on the Presidency of the Council of Representatives to "the formation of a parliamentary committee graduate to follow up on this subject is made up of parliamentary and economic and financial integrity to be there a recommendation presented to the House of Representatives for a vote. " For his part, the economic expert on behalf of Jamil Antoine that "money laundering and smuggling of foreign currencies phenomena that emerged strongly after 2003 as a result of the emergence of mafias financial and economic due to the weakness of the rule of law and low performance of regulatory agencies", adding that "money laundering is an international crime have a direct connection to the activities of illegal sector works in secret which is known as the economy of the shadow or gray economy. " said Antoine L / WAP / that "money laundering may be linked to some major economic crimes as a phenomenon trafficking of contraband and prohibited internationally and by which Acquistion legal legitimacy of funds with Sources illegal, "pointing out that" foreign currencies tougher smuggling threat to the Iraqi economy, particularly in light of the difficult conditions experienced by the country at the present time. " and between Antoine "The phenomenon has grown by exploiting some quarters the central bank action to provide cheap dollar by auction currency without strict control measures on imports, creating a great opportunity for financial mafias remove large amounts of dollar outside Iraq. " and called on the government "to form a government of a higher committee with the fight against the Interior Ministry's economic crime devices to apply regulatory standards strictly, which in turn will reduce significantly from waste operations in foreign currency provided by the Central Bank of Iraq, which will contribute to the reduction of demand for the dollar size of which will reflect positively on the Iraqi dinar exchange rate. " parliamentary finance committee and hosted earlier Finance Minister Hoshyar Zebari and Governor of the Central Bank on the Keywords to search hard currency smuggling and money laundering file to put certain mechanisms to reduce these negative phenomena that have affected the Iraqi economy. / finished 4
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Thursday 21/05/2015 23:03
BAGHDAD / WAP / Osama success ... revealed financial representative, Thursday, the formed banking subcommittee which is made up of six members to follow the money and issues of hard currency smuggling and follow up on some of the banks that hover around some suspicions washing file, while the economic expert on behalf of Antoine called on the government to to form a committee with the fight against the Interior Ministry's economic crime to reduce waste operations in the foreign exchange provided by the central bank that device.
He said the parliamentary finance committee member Haitham al-Jubouri told Xinhua Baghdad International / WAP / "The money laundering case no less dangerous than terrorism, which is published by factions Daash for being prejudice the security of the country and increase the financial and administrative corruption." He Jubouri that "the Commission has formed a sub-committee called the Committee on Banks made up of six members, headed by Chairman of the Finance Committee parliamentary Ahmad Chalabi, which will be the body responsible for the follow-up of this file and search in the smallest details to get to the positive results challenge of this phenomenon that has spread dramatically in the last period. " And that "the Commission has dispatched several official correspondences during the past few weeks to some banks and banks that you transfer the money to the inside and outside Iraq and hovering by some suspicions of corruption ", adding that" these banks Committee addressed but anxious and confusing format draws attention this matter has caused Committee has some doubts that the money laundering operations practiced within them jointly with some foreign banks that have branches inside Iraq. " Jubouri said that "the growth of this phenomenon in the last period due to the presence of terrorist organizations and organized crime gangs and organized the flow of funds to finance terrorist activity and the entry of foreign companies to carry out reconstruction projects and the weakness of the effectiveness of government regulatory agencies procedures," pointing that "the Commission has adequate information and certain official documents obtained by some existing sources within these banks," calling on the Presidency of the Council of Representatives to "the formation of a parliamentary committee graduate to follow up on this subject is made up of parliamentary and economic and financial integrity to be there a recommendation presented to the House of Representatives for a vote. " For his part, the economic expert on behalf of Jamil Antoine that "money laundering and smuggling of foreign currencies phenomena that emerged strongly after 2003 as a result of the emergence of mafias financial and economic due to the weakness of the rule of law and low performance of regulatory agencies", adding that "money laundering is an international crime have a direct connection to the activities of illegal sector works in secret which is known as the economy of the shadow or gray economy. " said Antoine L / WAP / that "money laundering may be linked to some major economic crimes as a phenomenon trafficking of contraband and prohibited internationally and by which Acquistion legal legitimacy of funds with Sources illegal, "pointing out that" foreign currencies tougher smuggling threat to the Iraqi economy, particularly in light of the difficult conditions experienced by the country at the present time. " and between Antoine "The phenomenon has grown by exploiting some quarters the central bank action to provide cheap dollar by auction currency without strict control measures on imports, creating a great opportunity for financial mafias remove large amounts of dollar outside Iraq. " and called on the government "to form a government of a higher committee with the fight against the Interior Ministry's economic crime devices to apply regulatory standards strictly, which in turn will reduce significantly from waste operations in foreign currency provided by the Central Bank of Iraq, which will contribute to the reduction of demand for the dollar size of which will reflect positively on the Iraqi dinar exchange rate. " parliamentary finance committee and hosted earlier Finance Minister Hoshyar Zebari and Governor of the Central Bank on the Keywords to search hard currency smuggling and money laundering file to put certain mechanisms to reduce these negative phenomena that have affected the Iraqi economy. / finished 4
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