Expert economic: some exchange offices for currency smuggling became gaps in collusion with gangs of professional

Date: Wednesday, 13-06-2012 03: 43 pm



Baghdad (newsletter) ... Warned Economist as beautiful, the existence of organized gangs exploiting political turmoil for smuggling hard currency out of the country through some exchange offices, noting that private banks have nothing to do with currency smuggling.

Beautifully (News Agency news) on Wednesday: some offices and informal banking deployed in several places are smuggling hard currency outside Iraq, through collusion with organized gangs and professional smuggling hard currency outside Iraq.

He added: the Finance Committee in the House of representatives calling for controls on banks of eligibility in order to reduce smuggling hard currency, believing that private banks are engaged in smuggling, adding that this action is not valid against private banks.

Said: we must regulate the banking offices and not private banks, indicating that banks are not source of smuggling money because few amounts and are subject to control by the Bank centres as well as a body to oversee transfers fearing money bleaching processes.

And: what sums received private banks are registered in the Central Bank and go either for lending citizens for therapeutic purposes outside Iraq or for simple, documented and checked it provides budgets of Auditor, subject to inspection and control. /finished/21. d/s.