BAGHDAD / News: The Central Bank of Iraq, on Monday, he started a few days ago issued civil transfers to banks in order to reduce currency smuggling, referring to the country’s need for more sophisticated mechanisms for the fight against money laundering.
The governor of the Central Bank and Abdul Basit Turki Agency in an exclusive interview with the agency “News” that “the central bank began issuing money orders for civil banks, where the move is aimed at reducing currency smuggling.”
Turki said that “the bank is trying with other government agencies to reduce money laundering operations being laceration of the Iraqi economy, because they go either to terrorism or to import prohibited goods internationally.”
He emphasized that “the country needs sophisticated mechanisms to help combat money laundering as well as serious and effective cooperation for the services of the Ministry of Interior for the purpose of control”.
The Committee of the Parliamentary Integrity has revealed (July 20, 2013) that the volume of Iraqi funds that “ran” out of the country since 2003, up to $ 130 billion in addition to prosecuting 120 government officials, including ministers and directors of عامون linked to the files of financial corruption and money contraband.
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