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CBI punished 40 banks and 400 billion dinars Agrmha

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CBI punished 40 banks and 400 billion dinars Agrmha


Baghdad -arac Press November -12: Iraqi Central Bank announced on Thursday that Gramath the offending banks amounted to 400 billion dinars, while noting the existence of a lawsuit concerning the 97 banks and financial institutions on issues related to money laundering.
The bank said in a statement received / Iraq Press /, a copy of it, that "the Iraqi Central Bank feels that decent public need clarification about what Taatdolh some media for monetary policy, procedures and events its own, and displayed documents issued by him after cutting them out of context or a matter of adopting" he said, adding that "address this issue by non-specialists may lead to confusion among recipients and the impact on their decisions and their expectations."
The statement added, "The majority of those statements was characterized by fallacies and spreading an atmosphere of pessimism and frustration, either because of the absence of an accurate understanding or for the purposes of non-objective emanating from different motives, some linked to political reality and the bickering and recrimination, and the spirit of incitement for the purpose of aborting the rest of the functioning institutions in the state, as well as that some of the proposals would be acceptable to the public and raise their questions and reservations when stripped of context, or viewed from one angle. "
The statement continued, that "the central bank's policy is to distance from the debates and reactions to the statements and rhetoric, and not to disclose the reasons and justifications for some of its procedures in line with the nature of the roles and the texts of law, particularly with regard to banking secrecy, but the size of the inaccuracies and confusion was such that harms the public stability and the stability of the market and the reputation of Iraq externally, and the consequent serious implications for Iraq financial, monetary and banking transactions and the expectations and reactions of dealers with investors, donors and others. "
The statement said, "The central bank set up during the period 2012 - 2015 many of the cases to the competent Iraqi courts on banks and companies contrary to the instructions selling foreign currency in force and those relating to anti-money laundering issues, and stood up to (97) suit belonging to banks and other financial institutions and clients of Many customers of judicial decisions in this regard has been issued, "pointing to" the imposition of fines and Bank Akiemha reached to 400 billion Iraqi dinars included (40) banks. "
The statement noted that "the Bank strafe (426) non-bank financial institution penalties (fine, alarm, alarm, deprivation from the sale of currency window) and the withdrawal of permits and licenses for some of them with the imposition of trusteeship on four of the banks reached one of them to the filter end while the rehabilitation two other banks, "adding that" the imposition of fines has reached the limits of Akiemha (5) billion Iraqi dinars in regards to other banking irregularities ".
The request of the Central Bank in its statement of everyone to exercise responsibility and credibility and to look at things and processed professional and objective perspective to serve the interest both locally and internationally, and the central bank is ready to inform the interested ordered the bank and the issues referred to brief them on the ground and documentaries, and our doors are open for this purpose, ".anthy (1 )

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