International banks refuse to cooperate with Iraq in the detection of smuggled money

International companies exposure retrieve the of Iraq's money contraband versus 10% of the amount


28/09/2013







BAGHDAD / JD / .. Revealed the Integrity Committee for offer by international companies to recover Mawal smuggled from Iraq in return rate of up to 10% of the amount recovered, while confirming that the international banks refused to help us any information about the money that has been developed and deposit account number and not the names of specific.

And said a member of of the Committee Deputy Shaker al-Darraji in the a statement to Agence / JD /: that Iraq suffers from a the problem of how to retrieve the the smuggled the money, pointing to the that the most of those the money deposited in the banks of the an international refuses to help us.

He explained: that the Iraq needs to of obtaining a ruling judicial order in States that have deposited into the money for the its banks for the recovered, afterthought: but these the a very difficult issue.

And detect al-Darraji about and existence the names of and figures with the of the Integrity Commission with money contraband a private which that had been smuggled during the period of of the former regime, Indicating that the the defunct regime may consign funds in the abroad of the names of intelligence officers, and, mostly been depositing them the are No. of Sri and the is not a the names of specific and clear.

And continued: in spite of all these difficulties, the We are serious in the recovered, revealing the of Showing put forward by several an international companies to retrieve the those Al Mawal in return for the proportion of reach up to 10% or more.

And was the of the Finance Committee may announced announced the appointment of staff in the embassies to monitor the money converter contraband, asserting that Iraq is seeking to the refund those the money to to the Public Treasury.

And said member of the Committee the financial the Attorney Najiba Najib Ibrahim in an earlier statement to Agence \ dinars \: that Paradise is is working on the retrieval of Iraqi funds that has been converted to the outside the country in ways that non-is a famous and turned the through the companies or persons habitual in ways that non-and clearly visible and non-outwardly.

And I followed Najib and Ministry of Finance will set the people in the Iraqi embassies and consulates stationed in countries of the world to know the the size of those the money and Where are the and بالتاي will revert those the money to the the public treasury because it is the king of of the Iraqi people.

And is worth mentioning that may Council of Representatives voted by an on the draft majority law amending the Law adjust the the money contraband and Mamnoua traded in the local markets.

And is worth mentioning that the Law of adjust the the money contraband will contribute to an effective contribution to in the fight against money laundering and the support the economic development of the country. \ Ended up \ POULINA GROUP Isaac /



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smugglied money= frozen assets

What am thinking is retro ing back to beginning of the year for taxes !!!