hafaq News/ On Thursday, the Central Bank of Iraq noted the misuse of electronic cards outside Iraq, revealing at the same time that a number of them had been referred to judicial authorities for the purpose of taking legal measures against their holders under the Anti-Money Laundering and Counter-Terrorism Financing Law.

The bank’s media office said in a statement today, “Based on the supervisory and regulatory role of this bank, the misuse of electronic cards outside Iraq and during short periods has recently been observed, which affects and harms the financial and banking sector and its customers in the Republic of Iraq, and that is what was revealed by the reports of the competent security authorities.” And the supervisory procedures of this bank and the Anti-Money Laundering and Combating the Financing of Terrorism Office.”

According to the statement, “Reports showed the use of employees’ nationalized salary cards, retirees’ cards, and social care, and a number of cards were referred to the Supreme Judicial Council for the purpose of taking legal measures in accordance with the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the instructions issued pursuant thereto, and referring sector employees.” General to the Integrity Commission for the purpose of taking the necessary action by them.”

In its statement, the bank warned “those who benefit from electronic payment services from the fake pages that have spread recently and which lure citizens (taking advantage of the citizen’s lack of awareness) to obtain their card information in exchange for their promise to provide services that are not valid, and that obtaining the services is through the official and private applications of the entity.” The card issuer (the bank, the electronic payment company) exclusively.”

shafaq.com