Government adviser: recommendations of the money laundering binding of the Central Bank and Finance
BAGHDAD – A legal adviser to the Prime Minister, on Monday, that the recommendations of the money laundering to be formed binding of the Central Bank and the Finance Ministry and government and private banks for “reducing the phenomenon of money laundering.”
said Fadel Mohammed Jawad’s (Center Brief for IMN) “The Commission’s recommendations money laundering that Iraq intended composition and linked Interior Ministry will be binding on the Central Bank and the Finance Ministry and government and private banks. “
and continued that “the government is now working to clarify the foundations handle this body to note how to get rid of the phenomenon of money laundering.”
said central bank governor today withdrawn his hand from his post and issued an arrest warrant from the Iraqi judiciary Shabibi he has documents to prove his innocence of the charges, stressing near his return to Baghdad’s cabinet had voted earlier in the mandate of President BSA Abdul Basit Turki manage the central bank acting rather than the former governor Shabibi.
summarized the functions 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