Must use the International Monetary Fund to combat money laundering and currency smuggling
Member of the economy: You must use the International Monetary Fund to combat money laundering and currency smuggling
Date: 09/24/2012 10:04:41 Monday
Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Abdul Salam al-Maliki, to use international organizations and the International Monetary Fund for formulating monetary policy and control of financial activity in the country to combat the phenomena of money laundering and the smuggling of hard currency abroad.
Maliki said (of the Agency news) on Sunday: There breaches clear in the work of the Central Bank through collusion with some banks to carry out currency smuggling, money laundering and the risk index for monetary policy in the country and requires reconsidering them through the use of global organizations, the World Bank and the International Monetary Fund. added: must monitor the work of Iraqi banks and transfers outside of the money, pointing to the existence of five banks dominate the purchase of hard currency from the central bank auction rate (60%), while there are approximately the (53) banks specific certain percentage of buying hard currency, indicating the existence of a clear breach of the work of the Central Bank of complicity with those banks . / end / 8. d. Q /