Finance: private banks continuing smuggling hard currency, despite the central action

Parliamentary Finance: private banks continuing smuggling hard currency, despite the central action

Tuesday, December 20, 2016 16:37

Parliamentary Finance - private banks continuing smuggling hard currency despite the central actionBAGHDAD / Baghdadi News .. Parliamentary Finance Committee revealed on Tuesday for the continuation of private banks smuggling hard currency abroad, noting that it supports any directed the central bank to curb smuggling and money laundered operations.

The committee member said Masood Haider in an interview with / Baghdadi News / “The private banks are” boutiques “to drain hard currency through the Central Bank and smuggled abroad,” adding that “these banks are still working on the smuggling of currency abroad and conducting money laundering.”
He added, “The measures taken by the central bank, which did not limit the phenomenon of smuggling of currency, because of the control of the powerful to sell the currency outlets,” pointing out that “the committee supports any move to curb the smuggling of these currencies needed by the country amid the current economic crisis,” .anthy 21 / j

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