Expert: Iraq corridor for money laundering operations internal and external

Expert: Iraq corridor for money laundering operations internal and external

23-09-2013 07:52 AM

Iraq corridor for money laundering operations internal and external Baghdad (news) .. Said economist Amr Hesham Al-Omari, the phenomenon of money laundering led to focus the currency in the hands of militias do not recognize the law, noting that this will lead to a significant loss in the country’s economy. said Omari (of the Agency news): The weakness of government and oversight in Iraq were allowed to form foci can wash the money, pointing out that Iraq has become a corridor for money laundering operations internal and external and regional issues. said: that these operations have affected heavily on the Iraqi economy through focusing the money in the hands of groups and parties and militias do not recognize the law, which led to the delay in state institutions. and is the phenomenon of money laundering or bleaching funds a picture of economic crimes which aims to add legitimize the processes involved to earn money, possession or disposition or management or conservation, replacement or deposited or invested or transferred or moved or manipulated in value. / End

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