Five banks involved civil and general manager of the Central Bank of money laundering and..

Five banks involved civil and general manager of the Central Bank of money laundering and the monopoly of the dollar

Published on Tuesday, 09 October 1 / Okrudolf 2012 10:29

BAGHDAD / Obelisk: A member of the parliamentary Finance Committee Haitham al-Jubouri, Tuesday, that the five banks and general manager of civil money in the Central Bank of Iraq involved being involved in money laundering through the central bank auction.

Jubouri said for “obelisk”, “The initial reports indicate that the dominant auction at the Central Bank, including representing between 60 to 70% on average up at times to the extent of 96%, five banks civil is Arbil and Al Ahli and the Middle East and the United and the North”, He pointed out that “these banks مستحوذة the most selling hard currency.”

Jubouri said that these banks “common in money laundering operations and the monopoly of foreign currency in collaboration with the director as long as the Department of Finance and public debt at the central bank by bank governor was a secretary.”

The Jubouri that “investigations were continuing and we have submitted to the Integrity Commission a detailed report and supported by documents and evidence.”
and went on to say that “investigations and jointly by the Office of Financial Supervision and the Customs and Tax Authority and the Office of the Inspector General of the Ministry of Finance show the presence of corruption and collusion large.”

“Gather participants in the investigation on the existence of suspicions of corruption taking place in the auction and neglect indescribable and there are incorrect bills as well as that there is a lot of money out of the accounts intervention.”

The head of the House of Representatives Osama Najafi has confirmed, on the sixth of October now, that the Committee responsible for monitoring the work of the central bank pointed to suspicion of corruption in the sale of the dollar, pointing out that there is a lack of clarity mechanisms check money laundering operations the central bank and private banks.

The early parliamentary source revealed to the obelisk in the third of October, current, providing for a special parliamentary committee conducted an investigation activities of the Central Bank of Iraq reveals the involvement of the north bank and the Middle East in the laundering and the smuggling of money and private currency dollar to the United Arab Emirates.