Private banks paid more than 263 billion dinars in fines Central Bank

[yota691]

of 263 billion dinars fines intermediate Iraqi private banks

 

 

 

 one hour ago

 

 

Twilight News / announced misdemeanors integrity, money laundering and economic crime tribunal for the arrival of the amounts of fines outstanding from private banks as a result of violating the Central Bank instructions to more than 263 billion dinars. 
Said Judge Radhi Ali Fartusi in a statement to the Twilight News, Media Center to the Supreme Judicial Council, said that " the total paid by private banks in violation of the instructions of the Central Bank came up last month , 263 billion and 593 million dinars." 
Fartusi said that " the payment received in the form of payments , " noting that "those banks paid during the past three months , only more than 18 billion dinars." 
Fartusi and pointed out that "obtaining the amounts received on the impact of the legal measures taken by the Iraqi judiciary."

 

[yota691]

Private banks paid more than 263 billion dinars in fines Central Bank

History of edits:: 5/2/2017 12:51 • 116 visits readable

[Oan- Baghdad] 
announced Misdemeanor Court of integrity, money laundering and economic crime for the arrival of the amounts of fines outstanding from private banks as a result of violating the Central Bank instructions to more than 263 billion dinars.

He said Judge Radhi Ali Fartusi , according to Bilan to inform the federal judiciary received by all of Iraq [where] a copy of it, " The total amount paid by private banks in violation of the instructions of the Central Bank came up last month , 263 billion and 593 million dinars." 
And between, that " the payment received in the form of payments , " noting that "those banks paid during the past three months , only more than 18 billion dinars." 
Fartusi and pointed out that "obtaining the amounts received on the impact of the legal measures taken by the Iraqi judiciary."

 

[yota691]

Private banks paid more than 263 billion dinars in fines Central Bank

 

 

 

economic  Number of Views: 8 02/05/2017 12:25

 

Misdemeanor integrity, money laundering and economic crime court announced the arrival of the amounts of fines outstanding from private banks as a result of violating the Central Bank instructions to more than 263 billion dinars. 

He said Judge Radhi Ali Fartusi , according to Bilan to inform the federal judiciary, " The total amount paid by private banks in violation of the instructions of the Central Bank came up last month , 263 billion and 593 million dinars." 

And between, that " the payment received in the form of payments , " noting that "those banks paid during the past three months , only more than 18 billion dinars." 

Fartusi and pointed out that "obtaining the amounts received on the impact of the legal measures taken by the Iraqi judiciary."

[Wiljor]

Thanks Yota 

Cleaning corruption in the banks is a must in order for Iraqi's to trust them. 

Edited February 5, 2017 by Wiljor

[SnowGlobe7]

wow thats a lot of dinars

[presence]

The problem with fines, no matter how big or small, is when the gain outweighs the benefit. That goes for all industries. For instance, a company getting fined x-amount of dollars because they didn't make improvements in their environmental protection processes that cost 2-x amount of dollars to implement, and companies like those run by Jamie Diamond who make a fraudulent profit  that's 10-100, or even a 1,000 times greater than the potential fraud.

The fines referenced above are great signs, however, and show progress in areas that other investors  (big and small)  want and need to see who contemplate doing business with Iraq. 

[four wheel drift]

White collar crime pays big.

And easy time

Just sayin

FWD

GO RV

[sandfly]

Thanks