A parliamentary committee: those who accuse the Iraqi Central Bank by the evidence of money launderi

A parliamentary committee: those who accuse the Iraqi Central Bank by the evidence of money laundering




04/12/2014






Parliamentary Committee called on the interim to follow up the decisions and recommendations of the independent bodies in Iraq, which accuses the authorities of the Central Bank of smuggling of Iraqi funds abroad to support terrorist operations to provide their evidence in this regard, with a coalition of state law, denied any direct charges to the bank.The temporary parliamentary committee warned earlier attempt jeopardizing the independence of the central bank, considering it a violation of articles 106 et seq of the Constitution. The Committee considered in a statement that "this type of targeting (of the bank) would damage both the Iraqi economy or the country's international reputation."For his part, denied a member of State of Law coalition led by Prime Minister Nuri al-Maliki, Heetm Jubouri, that his statements "may include an indictment of the Central Bank of Iraq smuggling money out of the country to support terrorism." However, he said, "We have information and evidence to confirm the presence of personalities responsible at the central bank exploits Auction sale of the dollar on a daily basis, by dealing with some of the banks and other companies without the specific. " He added that "the Bank in the auction, which sells about 280 million dollars a day to 14 companies including some well-known banks."

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Jubouri was confirmed in a press statement earlier that "the Finance Committee in the House of Representatives that it has received information confirming the existence of which mafia of traders within the Central Bank of Iraq they control the work of the bank." "The size of the daily sales of the dollar is not commensurate with the volume of goods entering Iraq, on the grounds that what enters does not exceed the value of 20 million dollars."
He asked Jubouri, "Why do not we deal with is those actors," considering what's going on, "Gusala of funds, especially as the bank sold dollars at a price to those actors, and the last you are selling a large margin, which achieves profit margin on the $ 9 million, is distributed to those powerful personalities, "he says. And the reasons that prevent the disclosure of the identity of those powerful personalities, Jubouri said that "revealed the names do not hurt the interests of the country, but we have demanded the formation of an investigative committee is considering all of the evidence and the documents that we have, which indicate the presence of the heads of the mafia, both within the central bank or outside."
The head of the Iraqi Council of Representatives, Osama al-Nujaifi announced the formation of a parliamentary committee, comprising mainly for money and Economic Committees and Chairman of Supreme Audit to check the central bank's measures and identify bugs, stressing that the House of Representatives responsible for the follow-up to the central bank.
For his part, economic expert, Abdul Rahman al-Mashhadani, net items imported Iraq equivalent of financial transfers by the central bank, noting that "the items imported Iraq equivalent of financial transfers by the bank in question, which amount to about 60 billion dollars a year, compared to sale of dollars by a bank of up to 65 billion dollars annually. "
He said al-Mashhadani that "the pressure exerted on the central bank finally, which prompted the latter to give a role to some private banks buying and selling of the dollar," but he pointed out "the possibility that there will be money laundering, but not necessarily through the decisions of the central bank." He stressed that "the process of money laundering is usually performed by unlicensed banking offices, which are based money transfers through what is known as a set-off." And agencies that monitor the work of those offices, said economic expert "is supposed to follow by the Central Bank and national security, especially since the proliferation of unlicensed offices Pat is Malova through Mhalat selling gold or other commodities."
For his part, was considered a member of the Committee on the economy and investment representative, Qusay F, that "the recent escalation against the Iraqi Central Bank is not free of the pressures exerted on the latter by the executive branch." "There is an ancient exercise pressure on the central bank by the executive branch, which demanded earlier to be Aaúdath to the government and not Parliament, which oversees the work of independent bodies."
It is noteworthy that al-Maliki locked in a battle for months with his opponents aimed at control of the independent bodies, most notably the CBI.

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