Finance Committee: money laundering law disabled arguments has asked us to modify
BAGHDAD / Bri Center for the Iraqi Media Network – Parliamentary Finance Committee stressed that the central bank to freeze the money laundering law came under the pretext of the World Bank’s objection to certain paragraphs, asserting that his committee had not asked to amend the law
A member of the Committee Haitham al-Jubouri’s (Center Brief for the Iraqi Media Network) that “the central bank argued that there are no comments from the World Bank on the vertebrae Money Laundering Act so taken Central Bank decision to freeze the action by” stressing “the importance of law in the fight against money laundering.”
And the possibility of amending the paragraphs of the law objectionable by the World Bank between Jubouri “did not ask us to amend the law”
He added that “one of the international organizations gave a negative report on the actions of the central bank and I have and money laundering cases”, calling for “activating the money laundering law frozen by the Bank for years.”
Revealed Truth formed by the House of Representatives, which includes the heads of (Economic and Financial Committee and BSA) yesterday about the existence of collusion of some officials and advisers in the Central Bank issue currency auction sale.
The main tasks of the Iraqi Central Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.