Parliamentary Integrity Commission for the detection of smuggled money out of the country

June 19th, 2016
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Chairman of the Parliamentary Integrity Abdul Karim Abtan

90% of the bills contained forged
Baghdad's new morning:

Revealed to the Parliamentary Integrity Commission, on Sunday, that 90% of the bills that are purchased with funds difficult is forged, while suggesting that a committee was formed with the Integrity Commission for the detection of money being smuggled out of Iraq.

A member of the committee MP Abdul Karim Abtan in a press interview, said that «section of the subsidiaries of some banks and companies are fake», adding that «90% of the invoices provided by these companies, which represent the value of the goods that enter Iraq are forged».

He added that Abtan «Parliamentary Integrity Committee held important meetings with the Governor of the Central Bank on the transfer of funds within certain bills.»

He went on to say, that he «has been the formation of a new committee composed of members of the Integrity Commission and the Integrity Commission, to detect money being smuggled out of Iraq and that comes out in a legitimate manner, too.»

It escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations, while MPs demanded that the government take the initiative to stop the sale of currency operations in the auctions of the Central Bank, and others stressed that Iraq is losing big money due to smuggled daily out of bounds, despite the acclaim of many specialists in economic affairs on the positives of the auction to reduce the rates of inflation and to control the value of the Iraqi dinar.

The MP Hoshyar Abdullah in February, said that the House of Representatives and the regulators and the executive will begin the process of investigating the Iraqi funds smuggled abroad after it agreed the Presidency of the Council on the proposal presented in this regard.

He said in a statement, that «after it agreed the Presidency of the Parliament to include the proponents of the attached signatures of 81 deputies and the prosecution of Iraqi funds smuggled abroad on parliamentary session agenda, has read the proposal and discuss it and listen to the interventions of the House of Representatives about it, and has the approval of the formation of a committee at the level of State institutions relevant to this topic, whether regulatory or financial, judicial and ministries, that the Committee will proceed with its tasks in the next few days in a maximum period of two weeks ».

Abdullah said, that «financial corruption in the joints of the state is the reason for the economic, security and social problems that occurred during the previous years and is still going on», indicating that it is a shame that today's Iraq including Kurdistan region is vying for the lead in the list of most corrupt countries in the the world, and in the final outcome of Iraq came under the suffocating financial crisis that if we looked for the real caused, we find that it is not a drop in oil prices in global markets, but the existence of mafias major corruption worked on the smuggling of public money to foreign banks. »

And between Abdullah said «This issue has become the issue of public opinion, and the streets of the Iraqi awaited us legislative and supervisory authority that are taking practical steps in this direction»,

adding that «the failure to take effective measures in dealing with this problem and procrastination where in previous sessions make people lose confidence in us authority control, is no secret to everyone that one of the main reasons why the stereotype of parliament and parliament in general with the Iraqi street,

the image is not moved effectively to prosecute the corrupt, although there are scary numbers of funds looted, and all these numbers that circulated daily media and street source parliamentary committees destinations regulator » .