And lastly, a VERY IMPORTANT article:
π I saved the best, juiciest article to review for last. Yes, the best for last. It is titled:
“IRAQ SELECTS TEAMS OF EX-US TREASURY DEPARTMENT OFFICIALS TO REFORM BANK, FOLLOWING US PRESSURE CAMPAIGN“. Let’s explore what this news is telling us and why it is so important to us. I quote from the article:
“Chip Poncy and his ex-government colleagues in K2 Integrity’s Washington office have been meeting Iraqi officials to discuss changes to the financial sector. Now they have been tasked with cleaning up Rafidain Bank, which has been at the center of major corruption inquiries over the last year. A high profile assignment won by executives at K2 Integrity to reform Iraq’s scandal-hit Rafidain Bank will be undertaken by a team of former US Treasury Department officials who have been meeting Iraqi financial officials since the summer, Intelligence Online has learnt.
Chip Poncy, a former director at the Department’s office of Terrorist Financing and Financial Crimes (TFFC), now a partner in K2’s Washington office, met officials from the Iraqi Central Bank during a training event in Dubai on 30 May. A second meeting occured in late August in New York, attended by Ali Mohsen Al-Alaq, the current governor of the Iraqi Central Bank Poncy will be leading on the assignment with Sarah Runge, who was his assistant at the TFFC office between 2012 and 2013. Two other former Department of Treasury executives, including Poncy’s former Harvard college friend Juan Zarate and Danny Glaser, who heads K2’s Washington DC office, will also advise on the assignment, Intelligence Online understands.
An official Iraqi government statement said the company will be working to “enhance banking operations” at Rafidain in order to expand its cross-border correspondent banking relationships. K2 agreed an earlier contract to advise the Central Bank on US dollar transactions in early 2024, according to local reports citing official documents.”
These are the “big guns” coming to Iraq in the final stages prior to the movement of the process to delete the zeros and the reinstatement that will follow. If you read the article you can clearly see the reason why they are in Iraq and what their assignment is. The US Federal Reserve wants the Reinstatement and want it as soon as they can clean up the dollar and to get Iraq off the dollar entirely, except for normal banking practices as with any country dealing in international commerce. Folks, this is huge for the Rafidain bank, the largest of the CBI banks in the country.
We all should be VERY excited about this news. This is the WOW! news for us today.
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/
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