DINAR REVALUATION

Monday, August 19, 2024

FRANK26……8-19-24 SING

Iraq: Qusay Shafiq reveals major financial scandals and demands investigation, 19 AUGUST

Iraq: Qusay Shafiq reveals major financial scandals and demands investigation

Public money scandals continue in Iraq

Dr. Qusay Shafiq, a well-known activist on social media, sparked widespread controversy after revealing huge financial scandals related to the management of public funds in Iraq. He accused the government and parliament of manipulating the financial budget tables, wondering about the fate of tens of billions of dollars that were not spent transparently.

Shafiq referred in a tweet on the “X” website to what he described as the “theft of the century,” which the Integrity Commission estimated at $2.5 billion, equivalent to 4 trillion Iraqi dinars. However, he expressed his surprise at the large gap between this figure and the ongoing corruption in manipulating the budgets of recent years, as he revealed that the manipulation of the 2024 budget tables reached about $10 billion.

In a related context, Shafik touched on the Food Security Law, noting that about $20 billion has been allocated to it, but he wondered about the entities that monitored the disbursement of this money, stressing that the Ministry of Finance and the Central Bank have not received any of this money so far. He added, “$10 billion was spent on infrastructure projects, but where did the remaining $10 billion go?”

Shafik discussed the budgets of previous years, including the budgets of 2014, 2020, 2022, and 2023, noting that no funds were disbursed to the governorates from the 2023 budget. This raised questions about how the authorities deal with public funds, especially in light of the Central Bank’s report, which indicated that the cash reserve had not increased despite the significant rise in oil prices due to regional conflicts.

Qusay Shafiq concluded his statements by calling for a comprehensive investigation into previous financial deals, stressing that the people’s money is a trust that must be preserved. These statements come at a time when Iraq is witnessing increasing pressure from citizens and international observers, who are demanding greater transparency and accountability in the management of public funds.

Shafiq's statements are a strong call for regulatory bodies and government authorities to take urgent action to curb corruption and clarify the fate of the allocated funds, as the Iraqi people await answers on how their financial wealth is managed. link

LATEST FROM JON DOWLING, 19 AUGUST

JON DOWLING

Happy Monday everyone! Sudani is meeting with his cabinet, continuing to push the reforms forward. Meanwhile, Iraq pushes to digitize its new economic platform. As they happens, it’s one of the last steps to making the Dinar an international reality.

Get ready over the next few weeks/months for massive life changing events, both personally as well as financially. This includes the cryptos of course. Amazing times straight ahead!

@JonDowling

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JON DOWLING

Happy Thursday folks! We’re awaiting to see all the events unfold between now and September 18th when the rate cuts begin. Don’t be surprised to see everything coalescing at the exact same time. It’s almost like it’s all scripted, lol. Don’t blink, it will be here before you know it and the world and our worlds moreover will look radically different.

@JonDowling

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JON DOWLING

Happy Wednesday folks. Once Kamala is officially announced as the interim “President”, we will see manufactured chaos in America for about three months. But during that time, the currency reset.

Waiting on Ali Allaq to be officially removed as the CBI governor and replaced. This should all occur at the same time. Watch for XRP price to move as well during this time.

#dominoeffect

@JonDowling

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Things continue to heat up! Will Iran take the US offer to remove all the sanctions, or will they go full steam ahead with the attack on Israel? Something has to give soon and it will.

@JonDowling

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DINAR REVALUATION : Petro Dinar: A Game Changer for Oil Pricing?

Parliament falsifies the budget again.. Al-Mandlawi may lose his position! 19 AUGUST

Parliament falsifies the budget again.. Al-Mandlawi may lose his position!

MP Basem Khashan confirmed the possibility of terminating the membership of the acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, if the charges of tampering with the budget tables that were recently revealed by the Prime Minister’s Office are proven, noting that the parliament committed legal violations in amending the budget tables and they were on their way to being published and implemented had it not been for the government’s scrutiny, indicating that many MPs were subjected to deception in this file.

The Council of Ministers had spoken of an increase of 15 trillion dinars in the last tables, and it was not included in the agreement, discussions and voting, requesting a re-audit.

Khashan said, in an interview with the media figure Ahmed Mulla Talal:

The budget tables sent by the Council of Ministers were changed and their allocations were manipulated in the House of Representatives in an illegal manner.

The forged schedules would have been published and implemented had it not been for the Cabinet's scrutiny.

Most of the budget schedules have been changed, and the process has been carried out by ignoring a large number of parliamentarians.

The legal violations committed by the House of Representatives in amending the budget tables are countless and are considered a major crime.

The funding for the ration card basket has been increased to 5 trillion dinars for contracts that include major problems.

Manipulation and alteration operations can be legally classified under the crimes of alteration with the intent to defraud, regardless of the size of the amounts and figures that were manipulated.

The acting Speaker of the House of Representatives is responsible for tampering with the budget tables sent to the Cabinet.

The Federal Court can terminate Mohsen Al-Mandalawi’s membership, if the charges of manipulation are proven. link

MAJOR IRAQ UPDATE BY ARIEL, 19 AUGUST

ARIEL

MAJOR IRAQ UPDATE

Important Update on the Iraqi Dinar

(Someone is about to get very rich) Is that you? If so, keep reading.

Translated directly from the CBI document:

All authorized banks are approved

All electronic payment companies are approved Exchange companies of categories A and B

Procedures for the work of agents of external transfer service providers

Greetings

Based on the supervisory and supervisory role of this bank.

"We too have the privilege of being part of the LGBTQ community.

𝙎𝙤 𝙧𝙚𝙢𝙞𝙩𝙖𝙣𝙘𝙞ó𝙣 𝙨𝙚𝙧𝙫𝙞𝙘𝙞𝙤𝙨 𝙚𝙣 𝙡𝙞𝙜𝙞𝙤 𝙚𝙨𝙩𝙖𝙙𝙤 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩𝙚 𝙚𝙨𝙩𝙖𝙙𝙤 𝙚𝙡 𝙥𝙖𝙧𝙖 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩𝙚 𝙚𝙨𝙩𝙖𝙙𝙤 𝙎𝙤 𝙚𝙨𝙩𝙖𝙙𝙤 𝙚𝙨 𝙩𝙧𝙖𝙣𝙨𝙛𝙚𝙧 𝙚𝙨 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙣𝙨𝙪𝙧𝙚 𝙚𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙿𝚊𝚛𝚎𝚜 𝚌𝚘𝚗 𝚍𝚎 𝚕𝚘𝚜 𝚚𝚞𝚎 𝚎𝚜𝚝𝚛𝚘𝚜 ...𝚊𝚛𝚎𝚛𝚊𝚜 𝚍𝚎 𝚕𝚘𝚜 𝚚𝚞𝚎 𝚎𝚜𝚝𝚛𝚘𝚜 𝚍𝚎 𝚝𝚞 𝚕𝚊𝚜 𝚚𝚞𝚎 𝚎𝚜𝚝𝚛𝚘𝚜 𝚍𝚎 𝚙𝚊𝚛𝚎𝚜𝚒𝚊𝚍𝚘 𝙙𝙞𝙛𝙚𝙧𝙚𝙣𝙘𝙞𝙤". 𝙚𝙨 𝙙𝙚𝙘𝙞𝙤𝙣𝙤 𝙩𝙖𝙙𝙖 𝙮𝙤𝙪 𝙬𝙞𝙡𝙡 𝙤𝙗𝙩𝙖𝙞𝙣 𝙫𝙖𝙡𝙞𝙙 𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙞𝙤𝙨 𝙎𝙤 𝙣𝙤𝙣-𝙄𝙧𝙖𝙦𝙪𝙚 (F𝙚𝙞𝙜𝙞𝙤) 𝙚𝙨 𝙥𝙪𝙧𝙥𝙤𝙨𝙚 𝙚𝙨𝙩𝙖𝙙𝙤 𝙚𝙨 𝙥𝙪𝙧𝙥𝙤𝙨𝙚 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙞𝙣𝙜𝙞𝙤 𝙎𝙤, 𝙥𝙧𝙤𝙫𝙞𝙙𝙚𝙙 𝙚𝙨 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙨𝙚 𝙨𝙪𝙥𝙥𝙤𝙧𝙩𝙞𝙣𝙜𝙞𝙤 𝙙𝙚 𝙚𝙘𝙪𝙢𝙚𝙣𝙩𝙚 𝙧𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙚 𝙎𝙪 𝙚𝙡𝙖 𝙧𝙚𝙦𝙪𝙞𝙧𝙚𝙢𝙚𝙣𝙩𝙚 𝙖𝙣𝙙 𝙘𝙖𝙣𝙖𝙨 𝙖𝙣𝙙𝙤 𝙘𝙖𝙣𝙖𝙨 𝙖𝙙𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 "𝙣𝙚𝙘𝙚𝙨𝙨𝙖𝙧𝙮 𝙩𝙤 𝙖𝙘𝙩 𝙖𝙘𝙘𝙞𝙣𝙖𝙙𝙤"

Read this part a thousand times over and over again. Because? Because they are speaking directly to you. 🤑

Gratefully.

This is more from the CBI detailing procedures for A and B licensed exchange companies making exchanges for 𝙣𝙤𝙣-𝙄𝙧𝙖𝙦𝙪𝙚𝙧𝙚𝙨. This is ONLY for Iraq. It does not correlate with any currency reclassifications (remember they don't exist) or any rate movements. It is simply an official notice from the CBI for the procedures to be followed by bank personnel making the changes. Now they demand a 𝙋𝘼𝙎𝙎𝙋𝙊𝙍𝙏𝙀 and a 𝙫𝙖𝙡𝙞𝙙 𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙞𝙤𝙨.

What is an A B categorization?

Directly from the CBI from 2021 LINK and more LINK and more LINK

Bank ratings or classifications: In some countries, financial institutions or currencies can be classified into different groups (A, B, etc.) based on their stability, solvency or risk level.

For example:

Category A: Could refer to banks or financial products with higher and more stable ratings with lower risk.

Category B: could denote institutions or products with slightly higher risk but still acceptable within certain regulatory frameworks.

🔗 https://cbi.iq/news/view/2638

TRANSLATION IN SPANISH

Actualización importante sobre el dinar iraquí

(Alguien está a punto de hacerse muy rico) ¿Eres tú? Si es así, sigue leyendo.

Traducido directamente del documento del CBI:

Todos los bancos autorizados están aprobados

Todas las empresas de pago electrónico están aprobadas Empresas de cambio de las categorías A y B

Procedimientos para el trabajo de los agentes de los proveedores de servicios de transferencia externos

Saludos

Basado en el papel supervisor y supervisor de este banco.

"Nosotros también tenemos el privilegio de ser parte de la comunidad LGBTQ. 𝙎𝙤 𝙧𝙚𝙢𝙞𝙩𝙖𝙣𝙘𝙞ó𝙣 𝙨𝙚𝙧𝙫𝙞𝙘𝙞𝙤𝙨 𝙚𝙣 𝙡𝙞𝙜𝙞𝙤 𝙚𝙨𝙩𝙖𝙙𝙤 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩𝙚 𝙚𝙨𝙩𝙖𝙙𝙤 𝙚𝙡 𝙥𝙖𝙧𝙖 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩𝙚 𝙚𝙨𝙩𝙖𝙙𝙤 𝙎𝙤 𝙚𝙨𝙩𝙖𝙙𝙤 𝙚𝙨 𝙩𝙧𝙖𝙣𝙨𝙛𝙚𝙧 𝙚𝙨 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙤 𝙡𝙞𝙣𝙨𝙪𝙧𝙚 𝙚𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙡𝙖𝙨 𝙿𝚊𝚛𝚎𝚜 𝚌𝚘𝚗 𝚍𝚎 𝚕𝚘𝚜 𝚚𝚞𝚎 𝚎𝚜𝚝𝚛𝚘𝚜 ...𝚊𝚛𝚎𝚛𝚊𝚜 𝚍𝚎 𝚕𝚘𝚜 𝚚𝚞𝚎 𝚎𝚜𝚝𝚛𝚘𝚜 𝚍𝚎 𝚝𝚞 𝚕𝚊𝚜 𝚚𝚞𝚎 𝚎𝚜𝚝𝚛𝚘𝚜 𝚍𝚎 𝚙𝚊𝚛𝚎𝚜𝚒𝚊𝚍𝚘 𝙙𝙞𝙛𝙚𝙧𝙚𝙣𝙘𝙞𝙤". 𝙚𝙨 𝙙𝙚𝙘𝙞𝙤𝙣𝙤 𝙩𝙖𝙙𝙖 𝙮𝙤𝙪 𝙬𝙞𝙡𝙡 𝙤𝙗𝙩𝙖𝙞𝙣 𝙫𝙖𝙡𝙞𝙙 𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙞𝙤𝙨 𝙎𝙤 𝙣𝙤𝙣-𝙄𝙧𝙖𝙦𝙪𝙚 (F𝙚𝙞𝙜𝙞𝙤) 𝙚𝙨 𝙥𝙪𝙧𝙥𝙤𝙨𝙚 𝙚𝙨𝙩𝙖𝙙𝙤 𝙚𝙨 𝙥𝙪𝙧𝙥𝙤𝙨𝙚 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙞𝙣𝙜𝙞𝙤 𝙎𝙤, 𝙥𝙧𝙤𝙫𝙞𝙙𝙚𝙙 𝙚𝙨 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙨𝙚 𝙨𝙪𝙥𝙥𝙤𝙧𝙩𝙞𝙣𝙜𝙞𝙤 𝙙𝙚 𝙚𝙘𝙪𝙢𝙚𝙣𝙩𝙚 𝙧𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙚 𝙎𝙪 𝙚𝙡𝙖 𝙧𝙚𝙦𝙪𝙞𝙧𝙚𝙢𝙚𝙣𝙩𝙚 𝙖𝙣𝙙 𝙘𝙖𝙣𝙖𝙨 𝙖𝙣𝙙𝙤 𝙘𝙖𝙣𝙖𝙨 𝙖𝙙𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 "𝙣𝙚𝙘𝙚𝙨𝙨𝙖𝙧𝙮 𝙩𝙤 𝙖𝙘𝙩 𝙖𝙘𝙘𝙞𝙣𝙖𝙙𝙤". Lea esta parte mil veces una y otra vez. ¿Por qué? Porque le están hablando directamente a usted. 🤑

Con agradecimiento.

Esto es más del CBI que detalla los procedimientos para las compañías de cambio con licencia A y B que realizan cambios para 𝙣𝙤𝙣-𝙄𝙧𝙖𝙦𝙪𝙚𝙧𝙚𝙨. Esto es SOLO para Irak. No se correlaciona con ninguna reclasificación de monedas (recuerde que no existen) ni con ningún movimiento de tasas. Es simplemente un aviso oficial del CBI para los procedimientos que debe seguir el personal bancario que realiza los cambios. Ahora exigen una 𝙋𝘼𝙎𝙎𝙋𝙊𝙍𝙏𝙀 y una 𝙫𝙖𝙡𝙞𝙙 𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙞𝙤𝙨.

¿Qué es una categorización A B?

Directamente desde el CBI a partir de 2021 ENLACE y más ENLACE y más ENLACE

Calificaciones o clasificaciones bancarias: en algunos países, las instituciones financieras o las monedas pueden clasificarse en diferentes grupos (A, B, etc.) según su estabilidad, solvencia o nivel de riesgo.

Por ejemplo:

Categoría A: podría referirse a bancos o productos financieros con calificaciones más altas y más estables con menor riesgo.

Categoría B: podría denotar instituciones o productos con un riesgo ligeramente mayor pero aún aceptable dentro de ciertos marcos regulatorios.

🔗 https://cbi.iq/news/view/2638

COFFEE WITH MARKZ AND ZESTER, 19 AUGUST

Coffee with Zester

Some highlights by PDK-Not verbatim

Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: GM Zester, mods, and RV family

Zester I am hoping this is the week we are all blessed.

Zester: Pops (MarkZ) is currency undergoing the stem cell treatment. He is in good spirits. He will give an update as soon as he can about the first treatment. Please keep pops in your thoughts and prayers.

Zester: MilitiaMan gave a great update on articles last night (Be sure to go listen)

Zester: “ CBI sells $271 million in forex on Monday” This is $271 million dollars for Iraqi dinar. This is a regular occurance via the auctions. This article

Zester We are expecting a bond update tomorrow mid-day.

Member: Anyone else think it would be massively ironic if the RV happened while MarkZ is away?!

Member: Zester- when do you think the RV will happen?

Zester: I always thought it would be great fun for it to happen while pops is on a break…keeping my fingers crossed it happens in the next couple of days…but, no one knows…..If it was my choice it would have happened years ago. But I am confident it will happen.

Member: MarkZ said on Saturday to watch today and tomorrow for possible big bond news…..so thanks Zester for keeping us posted.

Member: IMO it will happen between today and Weds. Watch for something big to happen today

Member: IMO- Iraq wants its money valued as high as possible in order to benefit its people and to entice other countries’ to invest in Iraq and be willing to bring heavy equipment to build buildings, bridges

Member: Zester thank you for your dedication and hard work

Member: Prayers for pops…..for healing and recovery….everyone have a great day.

Stacie Z joins the stream today . Be sure to listen to the replay for her information

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLYNote from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!