Numbers .. community banks smuggled billions of dollars ..mn factor "bran" to the own
Numbers .. community banks smuggled billions of dollars ..mn factor "bran" to the owner of the bank!
Baghdad-Iraq Press -6 August / August: A report prepared by the Parliamentary Finance Committee for a one Iraqi banks to transfer amounts exceed the budget of some neighboring countries, while noting that dozens of front companies operating as fronts for commercial These involved the banks of smuggling currency since 2012, stressed that the Chairman of the Board One of those banks was born in 1989 he was working in a "bran flour" coefficient and the overnight became the owners of the money was included in the auction for the purchase of 30 000 dollars a day.
The report goes back to late last June during the setback suffered by the Iraqi dinar exchange rate 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, , seen / Iraq-Presse / a copy of it, on Thursday, that one of the banks had bought $ 8.8 billion between 2012-2015.
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 submission. "
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 report shows Parliamentary 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) The correspondent bank 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 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 facts difficult, 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 the laboratory for the bran flour but between overnight income currency auction was entering all 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 that "each bank my family today has at least 15 trading company which 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" on the state banks $ 6.5 trillion Iraqi dinars, and bought $ 3.7 billion .
It is said that "checks Flyer" instruments without some of the assets granted by banks to customers to complete the purchase of some operations and security. " Ended (1)