Frank26
Question: "What does canceling the auctions mean?"
Iran used to use the CBI auctions to steal dinars. How? When oil is sold by Iraq...they have to receive payment in dollars. Iran would steal it in the auctions...The IMF, US Treasury, World Bank told them this is what you got to do before you release everything... The auctions that were used by terrorist to steal the life of Iraqi citizens has been changed.... metamorphosized. It is now under better control...If they try to steal something, the CBI knows right away and they get busted ...that was called cleaning the floor of the CBI.
The month of January...was a month...to implement...restore...complete, the monetary mechanism that's being used to add value to the Iraqi dinar. That's what I sincerely felt January was about.
Article: "The Iraqi judiciary and the US Treasury discuss sanctions on Iraqi people and companies"
THE US TREASURY HELPS THE CBI CLEAN THE FLOOR Quote: "The two parties discussed the legal measures and sanctions issued by the US Treasury Department (OFAC) regarding Iraqi people and companies."
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