World Bank criticizes Iraq’s efforts to combat money laundering
World Bank criticizes Iraq’s efforts to combat money laundering
10/13/2012 12:00 am
He stressed that part of it goes to fund terrorism
Baghdad Tariq al-Araji,
criticized the World Bank Iraq’s efforts in the fight against money laundering, saying steps taken by the concerned authorities in this regard contrary to international standards, and that part of this money goes to fund terrorist acts. announced that Chairman of the Joint Council to combat corruption, the Secretary General of the Council of Ministers on the Keywords, explaining in a statement (Center Brief for the Iraqi Media Network), the last meeting of the Council anti-corruption focused on two axes, the first approval of the list of functional behavior prepared by the Secretariat of the Council of Ministers and the Integrity Commission and the Office of Financial Supervision, and put in drafting the final preparation for distribution among the state institutions.
adding that second axis ensure access to the World Bank report on the assessment of Iraq’s efforts in the field against money laundering and that Asher lot of negatives and a violation of international standards and procedures, which he described (modest “taken by the state to combat money laundering, Noting that the report also pointed out that part of the money used to finance terrorism crimes.
explained Keywords that negatives that have been Tachireha in the report back, in essence, not to activate Office money laundering required level according to the law, who founded under which the central bank.
revealing that the council Joint Anti-Corruption decided to form a delegation to participate in the conference outside of Iraq attended the countries concerned to see these observations and to clarify what can be explained and answer each and clarify procedures that Iraq intended to be taken, including the amendment of the law against money laundering. between Keywords that Joint Council demanded American actor on laundering money, who participated in the meeting of the Council to assist Iraq in the formation of the Office for money laundering to benefit from the experience of his country and the experiences of other countries in this area to put as options in front of the parliament and the Council of Ministers, was linked to the Bureau Central Bank or be an independent national body or the Ministry of Interior or the Council of Ministers and its mechanism and fully utilized which reached States interested in the subject of anti-money laundering and the transfer of experiences to suit the Iraqi situation.
alsabaah
