Saturday, September 7, 2024
DINAR REVALUATION REPORT: Iraq's Six-Year Strategy to Combat Corruption: An Update for 2024, 7 SEPT
Iraq's Six-Year Strategy to Combat Corruption: An Update for 2024
In an effort to tackle the pervasive issue of corruption, the Federal Commission of Integrity in Iraq has announced its determination to draw up a six-year strategy aimed at addressing this critical problem[^1^]. This ambitious plan comes at a time when Iraq is grappling with the aftermath of decades of armed conflict, seeking to stabilize and reform its governance systems[^2^].
Background on Corruption in Iraq
Corruption has long been a major concern in Iraq, affecting various sectors and undermining public trust in the government. The most recent scandal, dubbed "the theft of the century," involved the embezzlement of $2.5 billion from an idle government account[^2^]. This incident, among others, has highlighted the extent to which corruption is embedded within the state apparatus, implicating high-ranking officials and compromising accountability mechanisms[^2^].
The Role of the Federal Commission of Integrity
The Federal Commission of Integrity, established as Iraq's foremost anti-corruption body, shoulders the strategic responsibility for monitoring and ensuring national compliance with the provisions of the UN Convention Against Corruption (UNCAC)[^3^].
The New Strategy: Key Objectives and Approach
The proposed six-year strategy aims to mobilize ministries, institutions, and other key stakeholders through a comprehensive policy and regulatory framework designed to assist Iraqi institutions in reducing systemic corruption[^4^]. This includes the use of digitization as a foundational tool to enhance transparency and efficiency in governance[^3^]
International Support and Collaboration
The European Union Advisory Mission (EUAM) Iraq has been actively engaged in supporting the national anti-corruption agenda through its partnership with the Federal Commission of Integrity, key stakeholders, and international organizations such as the UNDP[^4^]. Such collaboration is crucial in addressing the complex phenomenon of corruption, which poses a significant risk to Iraq's stability, national security, and economic development[^4^].
Conclusion
As of September 7, 2024, the Federal Commission of Integrity's commitment to combat corruption through a strategic, multi-year approach is a significant step in the right direction. By leveraging international support and prioritizing digitization, Iraq is positioning itself to tackle corruption more effectively and promote good governance.
Chairman Of The Integrity Commission: We Are Determined To Draw Up A Six-Year Strategy To Combat Corruption, 7 SEPT
Chairman Of The Integrity Commission: We Are Determined To Draw Up A Six-Year Strategy To Combat Corruption
Thursday,05-09-2024 The Chairman of the Federal Integrity Commission, Judge Haider Hanoun, confirmed today, Thursday, the determination to draw up a six-year strategy to combat corruption, while stressing the importance of adopting national strategies to combat this scourge within the preventive approach and the principle of participation in confronting corruption.
Hanoun said, during his speech at the ceremony announcing the first report on implementing the strategy to combat corruption in the public sector, held by the Kurdistan Integrity Commission in Erbil and reported by the Integrity Commission in a statement received by Noon News Agency, that "the national strategy for integrity and combating corruption includes economic, industrial, agricultural, scientific, humanitarian, military and health plans,"
stressing "the necessity of its efforts to preserve the country's wealth and needs and cover those needs, in addition to creating human energies from its citizens capable of leading the helm of affairs in the future."
Hanoun urged, "adopting mechanisms to raise the level of integrity in the performance of institutions and create a competitive environment among them on the one hand, and among their employees on the other hand; to determine the most honest institution and the institution that best provides services to citizens,"
noting that "the Federal Integrity Commission adopted such visions in launching the National Strategy for Integrity and Combating Corruption for the years (2021 - 2024), as well as the Integrity Commission in the Kurdistan Region - Iraq in launching the Anti-Corruption Strategy in the Kurdistan Region - Iraq for the years (2021 - 2025)."
He pointed out that "the Commission is in the process of preparing a new national strategy for integrity and combating corruption for the next six years (2023-2025), which relies in its preparation and implementation on cooperation with the three legislative, executive and judicial authorities, and with the Federal Board of Supreme Audit and the Integrity Commission in the Kurdistan Region - Iraq on the one hand, in addition to partnership with the private sector, civil society and investigative journalism."
He added, "The strategy, which is currently being prepared, will take a scientific approach using advanced technology in its implementation, and will seek to integrate influential categories of stakeholders such as women, youth, scientific and professional competencies, and give them distinguished roles in it;
with the aim of raising levels of integrity in the public and private sectors, helping institutions correct errors on their own, motivating them to make continuous improvements in their performance, accelerating the pace towards the digital transformation of good governance, and enhancing all of this with regional and international cooperation."
He pointed out that "the Federal Integrity Commission and the Integrity Commission in the Kurdistan Region - Iraq are determined to put the final touches on signing a joint coordination memorandum between them in implementation of the provisions of Articles (11 / Fourth) and (16 / Fourth) of the Integrity and Illicit Gains Commission Law No. (30) of 2011 (amended), and to coordinate efforts in the field of combating corruption within the Republic of Iraq,"
noting that "training workshops for the teams implementing the National Strategy for Integrity and Combating Corruption in the Commission, ministries and entities not affiliated with the Federal Ministry will soon be held at the headquarters of the Integrity Commission in the Kurdistan Region - Iraq in Erbil, and that these workshops will include the strategy implementation teams in the Kurdistan Region." https://non14.net/public/169914
" We are there – at the finish line" BY WOLVERINE, 7 SEPT
WOLVERINE
Fri. 6 Sept. 2024 Wolverine: We are there – at the finish line.
This should be our weekend. Anytime after 5 pm and before Sunday. Things are happening now as you don’t see it. Huge platforms have been completed and in a few days they are going to get paid.
A lot of bond holders and foundations have received their notification and are flying to Reno or to their respective platform.
The Precatorias still have not been released yet. The report of the Precatorias having been released to its Brazilian people was disinformation.
The EBS is imminent as I spoke to a contact in New York and he has assured me that there are military presence in New York and there is huge hotel where most military are staying. This is not only in New York but in various cities in USA.
--
"THE PAYMENT OF OPERATIONS STARTS ON SEPTEMBER 4, 2024" FROM THE CHOSEN ONE & WOLVERINE, 6 SEPT
From The Chosen Ones, Wolverine's official Telegram group:
PAYMENT OF OPERATIONS STARTS ON SEPTEMBER 4, 2024
We close the week with the following report:
World Bank and Peter Wong Platform auditors who arrived in Brazil on August 27, 2024 are packing their bags to return to the US tomorrow, August 31, 2024.
As Monday, September 2, 2024 is a holiday in the USA (Labor Day), there is no possibility of banking hours on the Reno Platform (Nevada/USA),
so what was decided in the meeting within the Central Bank on August 29, 2024 is that the global START will take place on September 3, 2024 (next Tuesday), when Brazil BR, the USA and the other countries that make up this project that covers 47 countries ( and their respective Central Banks), after several detailed tests and adjustments, will finally be able to proceed in a synchronized and simultaneous manner with the release and settlement of the financial operations of which they are part (I highlight that in Brazil BR The operations released and approved for payment They are LTN and TDA, which were unified within the same platform).
I also found out that the period to distribute the securities to the payrolls of the Managers who will receive them will begin on September 4, 2024 and will extend until September 13, 2024.
- Dr. Eduardo Tavares (August 30, 2024). EDUARDO TAVARES, Professor at CEA and Founding Partner of Mundo Financiero - Specialist in Corporate Finance and Investment Banking at FIA Business School.
Peter Wong Former CEO of Hong Kong and Shanghai Banking Corporation Mr. Peter TS Wong is Vice Chairman and CEO of Asia-Pacific of The Hongkong and Shanghai Banking Corporation Limited ("HSBC"). He is CEO of the Group and member of the Board of Directors of the HSBC Group. -----
Thanks RS for sharing 👍
It is good information and we know that even though tomorrow is a holiday in the United States, the staff involved have been working even on Sundays (said by Zorra).
Then we will see if this has to do with the T4B group since there are many platforms and groups with different payment schemes...
It's going slowly but surely...
TRANSLATION IN SPANISH
Desde The Chosen Ones, grupo oficial de Wolverine por Telegram:
PAGO DE OPERACIONES INICIA EL 4 DE SEPTIEMBRE DE 2024
Cerramos la semana con el siguiente informe: los auditores del Banco Mundial y de la Plataforma Peter Wong que llegaron a Brasil el 27 de agosto de 2024 están haciendo las maletas para regresar a los EE. UU. mañana, 31 de agosto de 2024.
Como el lunes 2 de septiembre de 2024 es feriado en los EE. UU. (Labor Day), no hay posibilidad de horario bancario en la Plataforma de Reno (Nevada/EE. UU.), por lo que lo que se decidió en la reunión dentro del Banco Central el 29 de agosto de 2024 es que el START global se realizará el 3 de septiembre de 2024 (próximo martes), cuando Brasil BR, EE. UU. y los demás países que componen este proyecto que abarca 47 países (y sus respectivos Bancos Centrales), después de varias pruebas y ajustes detallados,
finalmente podrán proceder de manera sincronizada y simultánea con la liberación y liquidación de las operaciones financieras de las que forman parte (destaco que en Brasil BR Las operaciones liberadas y aprobadas para pago son LTN y TDA, las cuales fueron unificadas dentro de una misma plataforma).
También me enteré que el plazo para distribuir los valores a las nóminas de los Gestores que los recibirán comenzará el 4 de septiembre de 2024 y se extenderá hasta el 13 de septiembre de 2024.
- Dr. Eduardo Tavares (30 de agosto de 2024). EDUARDO TAVARES, Profesor del CEA y Socio Fundador de Mundo Financiero - Especialista en Finanzas Corporativas y Banca de Inversión de FIA Business School.
Peter Wong Ex CEO de Hong Kong and Shanghai Banking Corporation El Sr. Peter TS Wong es Vicepresidente y CEO de Asia-Pacífico de The Hongkong and Shanghai Banking Corporation Limited ("HSBC"). Es CEO del Grupo y miembro del Consejo de Administración del Grupo HSBC. -----
Gracias RS por compartir 👍
Es buena información y sabemos que a pesar de que mañana es día festivo en Estados Unidos, el personal involucrado ha estado trabajando incluso los domingos (dicho por Zorra).
Entonces veremos si esto tiene que ver con el grupo T4B ya que hay muchas plataformas y grupos con diferentes esquemas de pago...
Va lento pero seguro...
https://dinarevaluation.blogspot.com/2024/09/the-payment-of-operations-starts-on.html
DINAR REVALUATION REPORT: The Unfolding Saga of Iraq's "Theft of the Century", 7 SEPT
Unraveling the Scandal
The Unfolding Saga of Iraq's "Theft of the Century"
In the tense political landscape of Iraq, a financial scandal of unprecedented scale has gripped the nation, earning the dramatic moniker "Theft of the Century". This scandal, involving the embezzlement of a staggering $2.5 billion in public funds, has sparked widespread outrage and highlighted the deep-rooted corruption plaguing the country.
The details of the heist, which occurred between September 2021 and August 2022, continue to emerge, painting a grim picture of corruption and complicity at the highest levels of government. The funds were systematically siphoned through 247 cheques cashed by five companies, and subsequently withdrawn in cash from the firms' accounts.
Arrest Warrants and Fugitives
In a significant development, an Iraqi criminal court issued arrest warrants for a businessman, Nour Zuhair, and a former government official, Haitham Al-Juburi, for their alleged roles in the scandal. Both suspects are on the run, with their current whereabouts unknown. Zuhair was briefly detained at Baghdad airport in October 2022, only to be released on bail after returning over $125 million and pledging further payments. Juburi also returned some of the embezzled funds before disappearing.
The "Theft of the Century" and Its Aftermath
The theft has ignited public anger and prompted calls for accountability and reform. The Federal Integrity Commission, led by Judge Haidar Hanoon, has vowed to wage a "decisive anti-corruption campaign" in the face of this scandal. Hanoon has expressed frustration over the undermining of the Commission's efforts and the mysterious disappearance of crucial files related to the case against Zuhair.
Corruption in Iraq: A Systemic Challenge
The "Theft of the Century" is not an isolated incident but part of a larger pattern of corruption that has plagued Iraq since the fall of Saddam Hussein's regime in 2003. Despite the staggering scale of this particular embezzlement, it is estimated to represent only a fraction—perhaps 1 percent—of the total lost to corruption over the past two decades.
The Battle Against Corruption
As of September 7, 2024, the battle against corruption in Iraq remains ongoing, with the "Theft of the Century" serving as a stark reminder of the challenges the country faces. The real question now is whether the Iraqi government can muster the political will and resources to address this systemic issue and restore public trust.
The Theft Of The Century Has Mixed Up Its Cards And Its Rope Has Been Lost In Its Arrows , 7 SEPT
Local The theft of the century has mixed up its cards and its rope has been lost in its arrows
Information/Report.. In a dramatic scene starring the head of the Parliamentary Integrity Commission, Haider Hanoun, and amidst intense anger and excitement, he announced, yesterday, Wednesday, the start of the real battle against corruption, during the press conference he held in Erbil, dedicated to revealing the secrets of the theft of the century that shook political circles in Iraq, and the repercussions of the main accused, Nour Zuhair, leaving the country despite the decision to prevent him from traveling before his appearance from Lebanon on satellite channels and his threat to reveal prominent names involved in the case.
Hanoun revealed that Nour Zuhair was involved in stealing customs deposits worth more than a trillion dinars, demanding “holding a session in the presence of Judge Diaa Jaafar to reveal the full facts to the public.”
These repercussions have mixed things up and complicated the scene that expresses the extent of corruption in Iraq. Will those in charge of this file be able to end corruption or will they continue to revolve in its vortex by exchanging accusations?
On March 15, the head of the Integrity Commission revealed the fate of the defendants in the theft of the century case, while confirming that the main defendant, Nour Zuhair, and 30 others will be tried soon, indicating that Nour Zuhair’s case is currently with the judiciary to complete the lawsuit procedures and that the investigation court is working to complete some of the funds, and then go to the subject court to try them according to the law.
Al-Fatah Alliance leader Ali Al-Fatlawi criticized the way the head of the Integrity Commission appeared in his press conference yesterday, Wednesday, which is incorrect, even if the accusations are true, indicating that attacking two basic pyramids in the state, integrity and the judiciary, must be done in ways that are far from media defamation.
Al-Fatlawi told Al-Maalouma Agency, "The way the head of the Integrity Commission appeared yesterday, Wednesday, at the press conference was not appropriate for a person who stands at the top of the most important oversight institution."
He added that "hitting two fundamental pyramids in the state, integrity and the judiciary, must be done with a real stance and official evidence without resorting to the media," calling on "the government and parliament to take a serious stance and take real measures against any person."
For his part, MP Haider Al-Salami called for holding a public session to host the head of the Integrity Commission, Haider Hanoun.
Al-Salami told Al-Maalouma Agency that the Integrity Commission is an important institution concerned with many files related to combating corruption and uncovering the threads of money theft operations. What its chairman, Haider Hanoun, raised yesterday in a press conference included important points related to pressures, the secrets of some files, interventions, and the pace of their completion.
He called on the Presidency of the House of Representatives to "hold a public session to host the Chairman of the Integrity Commission and the Corruption Court Judge to clarify the facts, noting that it is impossible to turn a blind eye to the encroachment on public funds and the plundering of the country's wealth."
He pointed out that "holding the session will provide more facts, stressing his rejection of mortgaging the country's wealth for narrow personal and partisan interests."
Meanwhile, the spokesman for the State of Law Coalition, MP Aqil Al-Fatlawi, confirmed today, Thursday, that a number of members of the House of Representatives will go to host the head of the Integrity Commission, Haider Hanoun, while he called for the formation of a committee to investigate what Hanoun had proposed.
Al-Fatlawi said in a statement followed by / Al-Maalouma /, "The meeting of the Coordination Framework discussed yesterday what was raised by the head of the Integrity Commission during the press conference he held in Erbil," indicating that "the Coordination Framework always stresses the necessity of respecting the decisions of the judiciary."
He added, "A number of members of the House of Representatives will go to host the head of the Integrity Commission, Haider Hanoun, calling for the formation of a committee to investigate what Hanoun proposed."
Yesterday, the head of the Integrity Commission, Haider Hanoun, appeared in a press conference in which he confirmed that he was subjected to pressure not to reveal corruption files, while he revealed corruption files. LINK
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...