Member of Finance Committee: the continuing need to combat the smuggling of currency

Member of Finance Committee: the continuing need to combat the smuggling of currency
Date: Thursday, 28.06.2012 9:03

Baghdad (news) .. According to a member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq, the importance of the enactment of the Anti-Money Laundering Iraq to save the local currency of the degradation, indicating that the phenomena of money laundering and the smuggling of foreign currency are still ongoing in the country must eliminate them.
Mutlaq said (of the Agency news ): The law against money laundering Iraq is one of the important laws that keep the local currency of the degradation, indicating has its first reading in the House of Representatives and will be second reading and vote in future sessions. He added that the money laundering and currency smuggling is still ongoing in the country for non- the presence of the control of real banking offices, remittances, and hold in different ways by the points of internal and external aim to destabilize the Iraqi economy and the deterioration of the local currency. He explained: that the phenomenon of smuggling foreign currency are found in all the countries of the world, but rates varied, but in Iraq began to spread and take a number of ways either by dispose of the goods by the traders or money orders through the offices, calling for the need to put an end to these illegal operations, which are exploited by some neighboring countries that suffer from an international economic blockade to save its economy at the expense of the Iraqi economy. / Finished / 8. for. m /
Source: ikhnews