Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Experts: Money laundering traffickers turned to three activities in the Iraqi markets

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280812
    Join date : 2012-12-21
    • Post n°1

    Experts: Money laundering traffickers turned to three activities in the Iraqi markets Empty Experts: Money laundering traffickers turned to three activities in the Iraqi markets

    Post by Rocky Wed 08 Feb 2023, 5:54 am

    [size=30]Experts: Money laundering traffickers turned to three activities in the Iraqi markets
    [ltr]2023.02.08 - 08:46[/ltr]
    [/size]
    [You must be registered and logged in to see this image.]
      
    Baghdad - people  
    Economic experts expressed optimism about the procedures of the competent authorities in the fields of combating money laundering and preventing the financing of terrorism, while one of them revealed the current destinations for money laundering traffickers in the Iraqi markets.  
      
    [You must be registered and logged in to see this link.]  
      
      
    The Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, said in an interview with the official newspaper, followed by “Nass” (February 8, 2023), that “Iraq has made great strides in combating the financing of terrorism and money laundering,” noting that “last year the European Union raised the name of Iraq.” One of the most dangerous countries and moved from the gray list to the white list.  
      
    He added, "The measures practiced by Iraq in combating money laundering are good, despite the fact that the conditions of trade in Iraq in the last 20 years took place through irregular financing in most of its paragraphs, and this raised the ire of international prospects, especially the prospects for compliance with the conditions of global institutions."   
      
    And he indicated that "most of the foreign transfers made by Iraqi banks are supposed to be transparent, and on this basis (the central bank platform) was formed, which rejected thousands of money transfers because they do not use the correct mechanisms."   
      
    For his part, the economist, Dr. Qusai Safwan, stated that "the process of combating money laundering falls within the responsibility of the Central Bank of Iraq in detecting the army of money that enters the banking system in the country."  
      
    He added, in an interview with the official newspaper, that there are a set of conditions, and the owner of the Iraqi dinar is supposed to be asked (from where did you get this dinar?) for the purpose of entering the Iraqi electronic platform.  
      
    He explained that "the banking procedures were accompanied by many violations due to the system of dividing the coefficient into more than one customer and the process of moving accounts between customers, as well as the difficulty of knowing the commercial companies whether they are real or fake?", noting that "the problem is: Where does the Iraqi dinar come from?" .   
      
    Safwan pointed out that "Those who trade in money laundering today have turned to the real estate market, gold, and the cash dollar that is outside the banking system, and certainly the Council of Ministers is required to open an office inside the real estate market, and open the files of foreign real estate transfers that took place in recent years to find out (where it came from). Iraqi dinar) through which many properties were purchased in neighboring countries and countries of the world with Iraqi money.   
      
    He pointed out that "the sooner the terms of the US Treasury are complied with in a quick manner and we encourage Iraqi banks to obtain documentary credits, we reconsider the issue of customs and taxes that are imposed on merchants for the purpose of import - especially in previous years because they are afraid to enter the auction for selling the currency for fear that they will incur previous debts and a discount." Taxes and customs - all of this will contribute to lowering the price of the dollar."  
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Thu 14 Nov 2024, 3:53 pm