Central Bank of Iraq confirmed that the Unit for Combating Money Laundering in the bank and its duty to scrutinize the information received on cases of financial fraud in the banks and not from its duty to arrest the offenders immediately.
The deputy governor of Bank of the appearance of Mohammed Saleh: “The Unit for Combating Money Laundering in the bank is working every day to check the bank accounts of banks, government and private alike, and if what has been revealed manipulation amounts to a crime of money laundering, the unit has a special format with a national security and that the arrest procedures and others. “
He added that the Unit for Combating Money Laundering was established under Law No.. 93 of 2 004, which is a financial intelligence unit is investigating the existence of financial manipulation for all banks operating in Chit.
The Deputy Governor of the Bank said: “If it is proved that the severe breach of any bank related to money laundering, the bank’s power to shut down and fined him and not to deal with him again, “noting that there are types of Offenses and corresponding administrative measures by type of violation.
