Finance Committee: there is bleeding for hard currency in the CBI auctions require direct intervention to stem
Baghdad (News) … Invited Member of the Finance Committee, the National Alliance Deputy/Haytham Al-jaburi, head/House of direct intervention to stop bleeding hard currency and laundering in Central Bank auctions.
Jaburi said at a press conference attended by a reporter (News Agency news) on Wednesday: the many and serious information stating that big breaches daily in the Central Bank, because the control Division from within and outside the Bank and limited companies to auction the sale of hard currency, in addition to the lack of seriousness in the anti-money laundering law No. (93).
He added: there is a risk of capital deposited in some private banks as happened in Basra Bank, with the absence of walorkaa and controls specific to help sell mechanisms.
He noted: the importance of investigative committee formed within the House involving members of commissions of the economic and financial integrity, stress the necessity of ensuring the Central Bank for funds depositors of citizens in banks and activate the anti-money laundering law No. (93) and stop the bleeding hard currency, which reached 220 billion dollars since 2003, and the need to boost coordination between officials of fiscal policy and monetary policy makers by article 24 of the law (56) of the CPA for the Central Bank.
Said: be sure to leave the import and validity of issuance and the adoption of special offices are subject to strict control and higher scrutiny to ensure that the exploitation of this section for money laundering, and activating the role of the Office of financial supervision to sell currency and activating the role of the Ministry of the Interior and national security inspection mechanism for direct banking offices.