Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
yota691

Iraq put on the black list because of money laundering

Recommended Posts


%D8%BA%D8%B3%D9%8A%D9%84.jpg

Iraq put on the black list because of money laundering

15:13

02/05/2015

Financial expert warned Mahmoud Sadeq al-Bayati, Saturday, of the consequences of the situation in Iraq on the black list of countries dealing with money laundering operations. Bayati said, "that" the work of Iraq's instructions anti-money laundering system without a formal law regulating the work would make him susceptible to put on the black list of countries experiencing laundering organization funds operations unchecked. "He added that" the central bank works since 2004, and yet the instructions of anti-money laundering but between the period and the other says he. is organizing and paying special anti-money laundering to the House of Representatives, but that did not happen, "said al-Bayati that" the consequences of the situation in Iraq on the black list is the inability of some companies to engage in the implementation of different investment projects because laws their countries do not allow it, as well as doubts for the international Monetary Fund and the World Bank the possibility of funding the Iraq through loans in particular and they were wary of the Iraqi government and the central bank and more than once the existence of organization and a great money-laundering operations in Iraq. "The form of the House of Representatives about two months a tripartite committee of financial integrity and economic ago Parliament to discuss money laundering, the Tripartite Commission said it had gathered information and evidence on many money laundering and the smuggling of hard currency.

  • Upvote 2

Share this post


Link to post
Share on other sites

Now that they have evidence, go arrest the criminals and send a message to the rest that there is a new Sheriff in town thats taking names and kicking assets.

  • Upvote 4

Share this post


Link to post
Share on other sites

Agreed NYK, and start with that Maliki character, he's the biggest criminal of all.

Morning Yota

  • Upvote 2

Share this post


Link to post
Share on other sites

add this...same subject..


Parliamentary Finance: high dollar prices of the subject «temporary»

 

 

        222-3382.jpg


4/28/2015 0:00 

Central Bank to take action to reduce the phenomenon of money laundering 
 BAGHDAD Shaima Rashid 
parliamentary finance committee explained that the rise in the dollar Annie subject of prices will end once the improved economic situation and the rise in oil prices in world markets and the rise of Iraq's oil exports in return, noting that the central bank has taken a number of measures to reduce the phenomenon of money laundering. 
The committee member said Masood Haider told the "morning": that the low rate of the dinar against the dollar has many, including the war on terrorism and the decline in oil prices, factors in addition to the economic situation that is going through the country, expecting that the dollar decline in the period coming as soon as oil prices rise in global markets and rising Iraqi oil exports. 
He said the economic situation gradually improve with the start of the increase in the country's imports of oil as a result of rising exports gradually, noting that the Kurdistan region will be at the beginning of the month of May the export of 550 000 barrels of oil a day and a month later increased to 600 000 barrels, noting that all these factors will increase state revenues and will affect positively on the dollar's decline. 
As for the issue of money laundering in previous years, the MP said the central bank has taken a number of measures against money laundering, including the imposition of taxes and customs on companies and banks that buy foreign currency from him, whether in cash or bank. 
The deputy expressed hope that is in the next few months, the liberation of all the country from the grip of Daash which will make Iraq need substantial financial assistance for the reconstruction, which will open the way for the introduction of large amounts of currency to Iraq and thus lower Atar.okan CBI prices announced (17 March 2015) the adoption of a new mechanism for the payment of taxes and control of "money laundering" through the prepayment of taxes and customs of the goods entering Iraq, returned that will double the country's imports. 
and decided to bank in (28 March 2015) to meet 8% of tax rates and customs own Bokiem imports by private banks. 
In turn, said Finance Committee member Haider al-Kaabi said his committee has taken many measures on dollar sales at auction in order to reduce the dollar prices as well as the subject of washing Alamwal.oukal told the "morning": that there is $ 200 billion from 2005 to 2014 came from Iraq by companies or banks are buying the dollar and convert it without providing lists of buying a topic related to money laundering. 
He added that the Finance Committee formed with committees Integrity and economics, legal, health, a committee to investigate the facts about who laundered the money and buy the dollar and smuggled out of Iraq, noting that the committee is supposed to give the results at the end of the current legislative term. 

The current year's budget law, committed the Central Bank of Iraq, in paragraph 50, identifying sales of foreign currency (US dollar) in the daily auction ceiling does not exceed 75 million, with the exercise of justice in the sale, and claim to participate in the auction banks providing goods enter documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of purchase of the amount, and otherwise apply to them the penalties stipulated in the Central Bank Act or regulations issued it, and use other banking tools to maintain the strength of the dinar against the dollar.

Read more: http://dinarvets.com/forums/index.php?/topic/201530-parliamentary-finance-high-dollar-prices-of-the-subject-%C2%ABtemporary%C2%BB/#ixzz3YzBIWRD0


and this..


Alusi demanding the government approached Britain locus of Iraqi funds in banks

26/04/2015 06:48 | Number of Views: 1947

Font size: font_decrease.gif font_enlarge.gif
 

BAGHDAD / Source News / .. student member of the Foreign Relations Committee, Mithal al-Alusi, Sunday, the Iraqi government to open the Iraqi budget funds smuggled into British banks file, indicating that the importance of visiting British Foreign Minister lies in the topics to be discussed in Baghdad.

Alusi said in an interview with Agence / Source News /, "Britain plays a central and pivotal in European politics and the international coalition role," noting that "Iraq has a different relationship with Britain."

He added that "the importance of visiting British Foreign Minister to Baghdad, lies in the themes that will discuss it," asking, "Do you look at this visit, the subject of the Iraqi army support, armed and endowment against Daash terrorist, or the constitutional democratic process support, this visit is welcome and helpful to Iraq."

The student member of the Foreign Relations Committee, "the prime minister Haidaralebadi and Foreign Minister Ibrahim al-Jaafari that claim British Foreign Minister Ban British banks replete with the money they steal from the Iraqi budget,pointing out that "the parking London with Baghdad is through the return of Iraqi funds in British banks, and the second, with the thinking of the importance of open universities in front of Iraqi students. " Finished / i

Read more: http://dinarvets.com/forums/index.php?/topic/201455-alusi-demanding-the-government-approached-britain-locus-of-iraqi-funds-in-banks/#ixzz3YzBa0oPc

  • Upvote 2

Share this post


Link to post
Share on other sites

oil is at $67, that's 10 more than the Budget ... So raise the rate on the IQD.  

Share this post


Link to post
Share on other sites

Thanks Yota....There's a lot to say about this article...How far the government has came in 9 months in transparency, the justice of their judicial system and why they've let Maliki hang around...This will tie Maliki to international investigations...not only draw attention from Iraq but turns the spot-light on all that had their dirty little spoons in the pot with Maliki....

  • Upvote 3

Share this post


Link to post
Share on other sites

This also ties in with the application for a credit rating!  Going after the stolen and bribery funds will increase the country's cash reserves (GOI, not CBI), but will also go a long ways towards the transparency Iraq will need for a good rating.

 

I've been saying for a while that I believe this (recover dirty money) needs to happen before we see an RV - but totally JMO.

 

I'm so thrilled with the current news along with a good overtime payday, I'm taking advantage of Adam's Platinum discount as soon as I post this.  WooHoo!

 

Peace and Prosperity

  • Upvote 2

Share this post


Link to post
Share on other sites

If nothing else...maybe it'll help give the CBI the confidence they need in the GOI to go with the ''Green-Light''...

  • Upvote 2

Share this post


Link to post
Share on other sites
34ee6032afd627ebb085fad305ac760b.jpg
A meeting of the officials of the Anti-Money Laundering
Author: Laith Mohammad Rezaon:May 2, 2015In: economyViews: 14 views

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) announced member of the Finance Committee in the House of Representatives Masood Haider, that his committee will join in the coming days, an expanded meeting of the parties responsible for combating money laundering.

And between Haider's (IMN) that "the parliamentary finance meeting will be held with the committees of integrity, economy and investment Alniabaten, as well as hosting the Minister of Finance and President of the Board of Supreme Audit and economic security of the Central Bank and the Presidency of the Council of Representatives to develop a strategy to combat money laundering".

He pointed out that "money laundering, economic terrorism practiced by influential people with authority and we need to force to deter them."

I met earlier, and financial integrity and economy of the parliamentary committees, to discuss the fight against money laundering.

The parliamentary finance committee and hosted in the House of Representatives on April 10 of this all of the finance minister, Hoshyar Zebari, and Director of the Central Bank to discuss money laundering file.

Share this post


Link to post
Share on other sites

Financial expert warns of Iraq put on the black list because of money laundering

Economic

 Since 05/05/2015 17:14 pm (Baghdad time)

aaaaaaaugfweyfwiufyoiwsh.jpg

Special scales News

Financial expert warned Mahmoud Sadeq al-Bayati, Tuesday, of the consequences of the situation in Iraq on the black list of countries dealing with money laundering operations.

Bayati said L / scales News / "The work instructions Iraq anti-money laundering system without a formal law regulating the work would make him susceptible to put on the black list of countries experiencing Organization money laundering operations unchecked."

He added that "the central bank works since 2004, and yet the instructions of anti-money laundering, but it between the period and the other says he is organizing and paying special anti-money laundering to the House bill but that did not happen," adding that "the consequences of the situation in Iraq in the black list is the inability of some companies to engage in the implementation of different investment projects because their countries laws do not allow it, as well as doubts for the international Monetary Fund and the World Bank the possibility of funding the Iraq through loans in particular and they were wary of the Iraqi government and the central bank and more than once the existence of organization and a great money-laundering operations in Iraq. " .

And the form of "the House of Representatives about two months a tripartite committee of financial and economic integrity of the parliamentary debate before money laundering, the Tripartite Commission said it had gathered information and evidence on many money laundering and smuggling hard currency" .anthy 29 / d 25

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.