A parliamentary report: local banks smuggled billions of dollars through front ...8/6
A parliamentary report: local banks smuggled billions of dollars through front companies run
BAGHDAD / A report prepared by the Parliamentary Finance Committee for a one Iraqi banks to transfer amounts exceed the budget of some neighboring countries, adding that dozens of front companies operating as fronts for commercial These involved the banks of smuggling currency since 2012.
The report goes back to late last June during the setback suffered by the dinar exchange rate Iraqi against the dollar after that.
The central bank took out, early last June .14 banks waged from the auction currency for failing to pay the amount of remittances and customs taxes, but returned on June 20 and canceled a decision that sparked widespread controversy and caused a remarkable rise of the dollar exchange rate against the local currency.
Explains the report, which was obtained by the (long) a copy of it, that one of the banks, which have reservations on anonymity, he bought a $ 8.8 billion between 2012-2015, while the transfer of $ (6.455) billion dollars to a Jordanian banks. As the Bank itself transferred an amount of $ 1.8 billion to another bank, while the transfer of more than half a million dollars to the Bank of Jordan third.
The report of the Parliamentary Finance Committee that "through the account statement it became clear that the bank sent to one exchange companies in Oman amount more of $ 5.5 billion, "Msheeraly that the amount transferred more than offset Jordan itself.
The parliamentary report touched on the Iraqi another bank transfer (7.923.570.500) billion dollars between 2012 to 2015, and he has transferred more than $ 1.7 billion to the Bank of Jordan. indicates The report that the same bank, has transferred more than $ 1.7 billion to an Iraqi foreign exchange company in Oman, wondering report "Who benefits from these large orders?"
The parliamentary report also points out that "the total remittances of banks that we have received, through the statements of the central bank, is 12.481.22.30 billion, of which 8,825,710 billion dollars went to the exchange companies, "noting that" the Iraqi Central Bank by the transfer of names of their applications have been submitted. "
The report added: "We have the amount of 3,250,870 billion dollars we do not know where to go." , noting that "This is the amount that we were able to detect him from remittances is 12% of the remittances of the central bank only." and how to buy these funds, the parliamentary report explains that "there are requests submitted to the Central Bank of the names of companies for the purpose of importing and then these banks operate ( Double Asowic) Bank The reporter that there is no name of the companies that submitted to order the back of her name transfers nor the name of the companies that emerged name transfer applied names to buy the currency, "and wondered" We do not know what this is called, you are offering false documents? Or money laundering? ".
The report notes that "groups that these issues are working are large buyers of the dollar, where a bank in 31/5 purchased fifty-two million dollars, while bought another bank forty-eight million eight hundred thousand dollars and other banks" .
He Parliamentary detection is buying every dollar includes a profit b (14) dinars, which means that the Million Dollar include profit to 14 million dinars, persisting by saying, "How, then, hit the (50) million dollars?".
Wondering reports on how to finance banks and the purchase price of the dollar and where her money? and those who back? He acknowledged that "capabilities to get to the tough realities and is not easy."
It deals with the report prepared by the Parliamentary Finance Committee that "the President of the Board of Directors of a bank born in 1989 was employed architect in previous periods in a laboratory for the bran flour but between overnight auction income currency and it enters each day $ 30 million in the year 2012 ".
The report reveals that the recent bank is one of the first five banks that were to take 94%, from central bank sales.
He said the parliamentary report to "All my family bank today has at least 15 trading company, a fake all, which comes to him daily amounts of cash revenues intervention in the calculated and turned into these banks, which in turn included in the auction."
The report speaks of "customers" Free 2012 "check pilot" the state banks $ 6.5 trillion Iraqi dinars, and have purchased $ 3.7 billion.
It is said that "checks flying" without instruments balances granted by some banks for customers to complete the purchase of some operations and security.