Central Bank auctions suspicious and $ 500 million is laundered weekly
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Central Bank auctions suspicious and $ 500 million is laundered weekly
Admin Mon Oct 01, 2012 8:54 am
The time on Monday, October 01, 1 / Okrudolf 2012 11:54 | Print | E-mail
Baghdad / Orr News
Parliamentary Finance Committee unveiled the results of preliminary investigations into money laundering operations within the central bank about $ 500 million a week and confirmed the move to collect signatures for the formation of an investigative committee competent to determine the fate of that money and users behind.
The MP said Haitham al-Jubouri said there is a committee within calendar Parliament reviewed the documents and official gripping on whether or not to waste public money and the lack of transparency at the central bank auction and other circumstances shrouded in mystery.
He noted that the committee is working under the supervision of First Deputy Speaker of Parliament Qusay al-Suhail and include Chairman of the Finance Committee and Chairman of the Committee on Economy and Investment and Chairman of the Board of Supreme Audit and other deputies.
He Jubouri he adopted collecting signatures about 85 deputies to demand the formation of an investigative committee competent to audit those documents and activating the anti-money laundering, noting that there are documents from a big rig in the central bank auction for the period between February to the month of August for the current year 2012.
Said member Parliamentary Finance Committee that indicators that conclusions of the documents supporting the existence of billions of dinars capital registered with the Central Bank, but investing outside Iraq.
He pointed out that the central bank sold during the month of May last about four billion dollars was transferred abroad.
But Jubouri returned to say that those who have such high liquidity do not find it competing by implemented and it does not represent individuals, but official bodies window, as described, accusing some departments of foreign banks operating in Iraq of complicity in money laundering operations, and pointed out that one of the Gulf banks carries on his work in Baghdad from a rented apartment downtown and owns Treasury bonds and balances and bank guarantees worth billions of dinars.
He stressed that the need has become urgent to activate the anti-money laundering law and change the departments of the Central Bank, particularly banking operations control department, which works incorrectly and not accurate leaves ample room for manipulation operations and waste of public money.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.uragency.net%2F
Baghdad / Orr News
Parliamentary Finance Committee unveiled the results of preliminary investigations into money laundering operations within the central bank about $ 500 million a week and confirmed the move to collect signatures for the formation of an investigative committee competent to determine the fate of that money and users behind.
The MP said Haitham al-Jubouri said there is a committee within calendar Parliament reviewed the documents and official gripping on whether or not to waste public money and the lack of transparency at the central bank auction and other circumstances shrouded in mystery.
He noted that the committee is working under the supervision of First Deputy Speaker of Parliament Qusay al-Suhail and include Chairman of the Finance Committee and Chairman of the Committee on Economy and Investment and Chairman of the Board of Supreme Audit and other deputies.
He Jubouri he adopted collecting signatures about 85 deputies to demand the formation of an investigative committee competent to audit those documents and activating the anti-money laundering, noting that there are documents from a big rig in the central bank auction for the period between February to the month of August for the current year 2012.
Said member Parliamentary Finance Committee that indicators that conclusions of the documents supporting the existence of billions of dinars capital registered with the Central Bank, but investing outside Iraq.
He pointed out that the central bank sold during the month of May last about four billion dollars was transferred abroad.
But Jubouri returned to say that those who have such high liquidity do not find it competing by implemented and it does not represent individuals, but official bodies window, as described, accusing some departments of foreign banks operating in Iraq of complicity in money laundering operations, and pointed out that one of the Gulf banks carries on his work in Baghdad from a rented apartment downtown and owns Treasury bonds and balances and bank guarantees worth billions of dinars.
He stressed that the need has become urgent to activate the anti-money laundering law and change the departments of the Central Bank, particularly banking operations control department, which works incorrectly and not accurate leaves ample room for manipulation operations and waste of public money.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.uragency.net%2F
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