Dinar Recaps

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KTFA Monday Night CC with Frank26 and more....9-21-2020

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KTFA MONDAY NIGHT CONF CALL..7PM EST 9-21-2020

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Frank27 and Team:  9-21-20. WHITE SUIT.......WHITE PAPERS

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Samson:  Global banks transfer "suspicious" money estimated at more than $ 2 trillion

21st September, 2020

Leaked documents from the Financial Crime Agency at the US Treasury Department published by the International Federation of Investigative Journalism on its website revealed suspicious banking operations, whose value exceeds about $2 trillion.

The US Financial Crime Agency files consist of more than 2,500 documents, most of which were files that banks sent to US authorities between 2000 and 2017 that raised concerns about what their customers might do.

Banks transferred money to people or entities who were unable to identify them, and in many cases failed to provide required STRs for years afterward.

Jim Richards, former head of anti-money laundering at Wells Fargo & Co said . And Bank of America Corp. It is "the nature of the banking business that they move money", and despite all efforts to eradicate this, there will always be some criminal money moving through the banking system. It's a tiny fraction of the trillions of dollars that they deal with every day."  LINK

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Samson:  An Iraqi ministry reveals thousands of double wages and recovers billions of dinars

21st September, 2020
The Ministry of Labor and Social Affairs revealed, on Monday, thousands of double-payers who exceeded the social protection benefit, noting that more than (5) billion dinars were recovered from the transgressors.

The Minister of Labor and Social Affairs, Adel Al-Rikabi confirmed, in a statement received by Shafaq News, that "the ministry will deal legally and firmly with double-wage workers who overstep the social protection benefit and the salary of a full-time employee, who numbered about 20,000 employees from the state ministries and agencies.

Al-Rikabi directed, during a meeting with the Vice President of the Authority for People with Disabilities and Special Needs, the Vice President of the Social Protection Authority, the General Director of the Social Protection Fund, the General Director of the Department of Planning and Studies, and the Director of the Information Technology Center to "recover the sums from the employees of double salaries as soon as possible to allocate them for the inclusion of citizens Renewed from the deserving poor."  He pointed out that "the deductions will be in the form of one batch or batches according to the ministries, provided that the time limit for returning the amount does not exceed five years, otherwise the employee will bear penalties according to the discipline of state employees."

In turn, Director General of the Social Protection Fund at the Ministry of Labor, Jacqueline Salioua, said, “The fund, with direct follow-up from Minister Adel Al-Rikabi, was able to recover five billion and (452) million dinars from the beginning of the year until mid-September, despite the circumstances of the Corona pandemic and the curfew and health curfew and the work stopped in Some times".

She added that "the cadres of the social protection departments and the fund have intensified their efforts to implement the minister's directive to follow up on state funds that have been exceeded, recover them and return them to the state treasury with a view to preserving public money." LINK

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Samson:  An economist warns of a financial method that the government may resort to to overcome its crisis

08:31 - 09/21/2020

The economic expert, Wissam Al-Tamimi, warned of a financial option related to raising the value of the dollar against the dinar to reduce the financial crisis, pointing out that this method will increase the value of goods, goods and all consumer materials.

Al-Tamimi said to "the information", that "the government does not find alternatives to overcome the financial crisis, it may resort to a plan to reduce the value of the dinar against the dollar, which is an option that increases the suffering of the citizen and raises the price of all foodstuffs and goods."

He added that "the salaries of employees will also be affected in the event of raising the dollar exchange rate against the dinar, although the employee will not make any change to his monthly salary, but its value will decrease greatly."

And that "the government's resort to such an option will be considered a robbery for the people, but legally, and the best is to follow the method of alternatives, support the national product, open the door to investment in infrastructure, release lands and empty spaces for investment and sell them to citizens in order to provide the necessary money to overcome the crisis."  LINK

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