Deputy-Alwani: We asked to form committees to monitor the wo

[Stillw8n]

Deputy-Alwani: We asked to form committees to monitor the work of banking offices to curb money laundering
Date: Monday, 10/24/2011 14:08

Baghdad (news) .. Asked the Parliamentary Integrity Committee the concerned ministries to form committees of control following the work of banks and banking offices of Iraq to reduce the phenomenon of money laundering to the local currency, loaded at the same time traders increase this phenomenon.

A member of the Parliamentary Integrity Committee and the representative / coalition in Iraq / Khaled al-Alwani told the reporter (Agency news) on Monday: The Integrity Committee in the Parliament sent a letter to the Ministry of Finance and the concerned authorities demanded the formation of committees of regulators take their turn to follow the work of banking offices and Iraqi banks to reduce the phenomenon of money laundering in the current currency.

The Alwani: This phenomenon is not borne by the banks and banking offices only There are even Iraqi merchants and other countries exploited the situation is unstable in the country through their trading of banned substances which led to economic chaos in the local market.

and between al-Alwani: After the regime change in Iraq a year (2003) there is complete absence of law and lack of stability, security and openness of the Iraqi border with neighboring countries, which encouraged the drug dealers and prohibited substances to exploit these conditions through their laundering of these materials.

little there among Financial revealed the existence of money laundering of the Iraqi currency, the current lack of financial control by the federal government.

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