Iraq's Federal Integrity Commission and Russia's Prosecutor General's Office have begun implementing their Memorandum of Understanding (MoU) on anti-corruption cooperation, focusing on asset recovery and international legal assistance.
During a meeting with a Russian delegation, Dr. Mohammed Ali Al-Lami, Head of the Integrity Commission, emphasized the need to modernize anti-corruption mechanisms to counter evolving methods of financial misconduct. He also called on signatories of the UN Convention Against Corruption to fulfill their commitments on legal cooperation, asset recovery, and extradition, highlighting banking secrecy and legal system differences as key challenges.
Discussions covered judicial investigations, evidence sharing, and financial transparency, while Russian experts stressed the importance of bilateral and multilateral partnerships to coordinate efforts at international forums. Both sides explored the twinning of Iraq's Anti-Corruption Academy with Russia's Prosecutor General's University to facilitate training, research, and academic exchanges.
Workshops also addressed national coordination committees for anti-corruption enforcement and joint legal measures to track and recover illicit funds.
Iraq ranks joint 140th out of 180 countries in Transparency International's Corruption Perceptions Index (CPI), while Russia ranks joint 154th.
Article: "The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves"
Quote "...Central banks resort to withdrawing cash liquidity from the market through enhanced cash sterilization operations as part of its efforts to maintain monetary stability.
The central bank emphasized that despite the decline it still possesses large net foreign reserves relative to the money supply which is relatively secure according to international financial standards."
They're saying they've got it covered and what they're doing is using what they call 'sterilization'.
Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP), with part of the work assigned to the State Company for Oil Projects (SCOP).
The pipelines will run from the Majnoon,
West Qurna-2, and Artawi fields to the Gas Processing Plant (GPP).
The contract also includes pipelines for dry gas transmission to the national network and condensate and LPG pipelines,
1. Back screen rate for dinars showed up as approximately $5 this morning at JPMorgan Chase. Dongs were slightly less.
2. Isaac, a very big whale bond holder from seeds of wisdom has let "salty toes" know that he has advanced and is getting ready to announce by text "Victory." This means he has liquidity. When he goes we go next. He is already in process.
3. Reno airport is extraordinarily busy with private jets.
4. Someone I know knows someone who has liquidity in tier 3 and is complete.
5. 30% of tier 3 needs to go through and be processed before tier 4 can begin. Tier three is a very small group compared to our group and probably less than 10,000 people. They have been processing now for a while.
6. We may get notifications soon. 10-days or less. We will likely have been processed by Easter 4/20.
7. Skye Prince has announced she thinks we're here and is signing off. Seeds of wisdom has announced they will shut down the room and it'll be read only. Ginger did not sleep last night as she is trying to vet all of the latest Intel. Mike Barra got identical information from two people, one of which told him he could share the other told him not to share. He is going to share on Wolverine show regardless and may have already.
8. A military contact shared to a friend that someone he knows running a redemption center was told that we should "bring our Bolivars just in case." (Bring everything and get SKRs. This way you will get contract rates.)
9. A Cherokee Elder I know has gone through and is liquid.