Sunday, June 16, 2024

"SUDANI PROTECTS THE MONETARY REFORM!!!" BY FRANK26, 16 JUNE

 KTFA

FRANK26: "SUDANI PROTECTS THE MONETARY REFORM!!!"...........F26

Revealing the embezzlement and waste of 200 million dinars of public money in an Iraqi governorate


6/14/2024

The Federal Integrity Commission revealed, on Friday, that an arrest warrant had been issued against a former official in the Samawah Municipality Directorate. For embezzling nearly two hundred million dinars of public money, in addition to issuing an order to bring in two officials in the directorate.

The Government Information and Communications Office indicated in a statement today that the work team consisting of the staff of the Authority’s investigation office in Muthanna, which moved on (6/12/2024) to the Samawah Municipality Directorate, revealed, after investigation, auditing and review work, the existence of financial violations and cases of embezzlement of money. This year, it was carried out by the former municipal collection official, explaining that he cut off the collection receipts for the real amounts owed by the citizens and collected from them, and tampered with the second copy of the “carbonated” receipt by registering it with amounts that were less than the real amounts actually deducted.

The office continued that the accused was paying the smaller amount to the directorate’s fund. Based on the “carbonated” copies that he tampered with, explaining that the audit work concluded that as a result of tampering with the receipts and distorting the amounts and their dates; In order to overcome the payment delay period, an amount of (198,920,467) one hundred and ninety-eight million dinars of public money was wasted.

He continued that the judge of the Integrity Investigation Court in Muthanna issued an arrest and investigation order against the accused, the former collection official in the Samawah Municipality, in addition to bringing in the accounts, control and internal audit officials there, based on the provisions of Article (315) of the Penal Code.

LINK

 

"RV UPDATE" BY MIKE BARA, 16 JUNE

 ðŸ’¢ Update from Mike Bara 6.15.24 

💢Mike: OK, I hate to be the Bara of bad tidings, but I just got info from "The Bondholder" — who is not a bond holder but a bond broker waiting to be paid commissions by the US government for bringing in historic bonds — to the effect that he won't be paid until Tuesday. 


We were hoping he'd been paid already. This would clear the way for Tier 4B, us, to be paid out.


 We were all hoping and waiting for some announcement or notifications this weekend.


 That can still happen, but IMO we don't get paid until after guys like him get paid. So we wait... and hope.

PIMPY: Vietnam Dong update for 06/15/24 - Vietnam preparing for dollar decline ...

Central Bank of Iraq sales exceed $1 billion in a week, 16 JUNE

Central Bank of Iraq sales exceed $1 billion in a week

 The total sales of the Central Bank of Iraq from the hard currency of the US dollar with which the auction opened last week amounted to more than $1 billion.

Last week, the Central Bank sold 1 billion, $378 million, $407 billion and for the auction for the 5 days, 758 million, and $877 million, and $81, up from last week, which was $1 billion, 115 million,99,000, and $967.

The highest dollar sales were for Wednesday, with sales of 280 million and 112 thousand, and $188, while the lowest sales were for Sunday, with sales of 269 million, 320 thousand and $104.

Put that overseas remittance sales last week amounted to one billion, 264 million, 25 thousand and $407, an increase of 91% compared to cash sales of $114 million, 860,000 dollars.* .

While sales went in the form of cash and remittances abroad to finance foreign trade, while the sale price of the amounts of documentary credits and international settlements for electronic cards was 1310 dinars per dollar, and the sale of remittance amounts abroad was 1310 dinars per dollar, while the cash sale price was 1305 dinars per dollar.

https://alforatnews.iq/news/مبيعات-البنك-المركزي-العراقي-تتجاوز-مليار-دولار-خلال-أسبوع


"RV UPDATE" BY WALKINGSTICK, 16 JUNE

 Walkingstick 

 Question:  "Do these ATM machines have the lower notes?"  Software definitely.    [I'll] text Aki [Walkingstick's Iraqi Bank friend] about the notes.

 Don't be dismayed if the rate is still the same in the budget when it comes out on Saturday...because Sudani is dealing with this [57 trillion] thievery...He could release an "operational" budget.
 [Iraqi bank friend Aki - highest level banking meeting update] 
 Sudani is putting contracts in place to be implement inside of Iraq.  Sudani has been doing this with thousands of contracts. 
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's proje...FOR READ MORE:

----https://dinarevaluation.blogspot.com/2024/06/rv-update-by-walkingstick-8-june.html
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 [Iraqi bank friend Aki - highest level banking meeting update] 

 Sudani is putting contracts in place to be implement inside of Iraq.  Sudani has been doing this with thousands of contracts. 
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's projects...Those contracts will be fulfilled for their value but paid in IQD's only.
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[Information from Iraq bank owner #1 friend] 
  Ever since Sudani came back from Washington DC the government of Iraq...has been in the process of making...videos, commercials, advertising.  Sudani has been doing this on behalf of the executive level of all the pr...for read more:

Special Announcement For Iraqi Dinar Investors After Eid Holidays 2024🔥i...

Iraq, US Discuss Formation of Joint Business Council,, 16 JUNE

 Iraq, US Discuss Formation of Joint Business Council

ERBIL — The President of the Federation of Iraqi Chambers of Commerce (FICC), Abdul Razzaq al-Zuhairi, and the US Ambassador to Iraq, Alina Romanowski, engaged in discussions on Thursday to form a joint business council.

According to a statement from the FICC, the meeting focused on expanding trade and economic connections between Iraq and the United States, as reported by the Iraqi News Agency (INA). Zuhairi emphasized Iraq's balanced relations with countries that support its economic development approach.

The discussions also covered strategies to increase trade volume between the two nations and explored opportunities for cooperation with Iraqi chambers of commerce to enhance economic partnerships and boost activities in both the public and private sectors.

Ambassador Romanowski highlighted the importance of overcoming challenges related to providing entry visas for investors and businessmen. Both parties expressed satisfaction with their collaborative efforts in trade and economic fields.

CAN THE POPULATION CENSUS SUCCEED IN DRAWING A NEW ECONOMIC POLICY IN IRAQ? WITH MNT GOAT COMMENTS, 23 NOV

CAN THE POPULATION CENSUS SUCCEED IN DRAWING A NEW ECONOMIC POLICY IN IRAQ? The Iraqi government is preparing to conduct a general populatio...