Dinar Recaps

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More News, Rumors and Opinions Saturday Night 10-8-2022

KTFA:

Samson:  The arrest of a banker selling counterfeit currency

8th October, 2022

The anti-crime directorate arrested a banker for selling fake currency to citizens in Baghdad.

A statement by the Directorate stated, "The detachments of the Al-Habibia office, east of Baghdad, arrested the accused in flagrante delicto in a tight ambush, after investigation and information gathering, as he was intending to sell 18,500 counterfeit US dollars, to a citizen without his knowledge."

And he added: "When conducting the investigation with the accused, he openly admitted that he had sold the counterfeit currency."  LINK

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Samson:  Parliamentary Integrity accuses Rafidain Bank of stealing up to one billion US dollars

8th October, 2022

Member of the Parliamentary Integrity Committee, Representative Ahmed Taha Al-Rubaie, announced on Saturday, the existence of a theft in Al-Rafidain Governmental Bank, estimated at about one billion US dollars.

Al-Rubaie said in a press conference held today and attended by Shafak News Agency correspondent, that the answers received by the Ministry of Finance confirm that there is a theft in the revenues of trust accounts belonging to the general tax in Rafidain Bank, which exceeds (800) million dollars, and from here we confirm that no authority or the party to cover up or deny this theft in favor of the thieves of public money.

He added that the Ministry of Finance indicated that it had formed a committee to conduct an administrative investigation into the matter, and the investigation committee recommended precautionary recommendations against the former general managers, since the loss of these huge amounts from the account of the General Tax Authority was during the period of their administration and under their direct responsibility and powers.

Al-Rubaie also added, "The ministry confirmed that it is awaiting a judicial investigation, as the case is before the judiciary, which has a general mandate to protect public money."

The parliamentarian called on government and regulatory agencies to prevent the travel of some managers and senior cadres in the Tax Authority who were changed until the end of the administrative and judicial investigation, calling on the Federal Integrity Commission to conduct the investigation as quickly as possible and refer the files to the Integrity Judge.  LINK

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Courtesy of Dinar Guru

Frank26  Article:  "The Governor of the Central Bank of Iraq receives a delegation from the World Bank"  NOTICE THE WORLD BANK AND THE INTERNATIONAL WORLD CONSTANTLY MEETS WITH THE GOV OF THE CBI.

Mnt Goat  Article:  "CHATHAM HOUSE: CORRUPTION IN IRAQ IS CAUSED BY THE US-LED COALITION"   This corruption is why we have not yet seen the RV. Just another indicator that the corrupt do not want to give up the golden goose. Well…they are going to give it up, like it or not. These days are slowly coming to an end.

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TNT:

Tishwash:  With the resumption of parliament sessions, an independent deputy reveals the date for resolving the presidency

Independent MP Hussein Al-Sabri confirmed, on Saturday, that there is optimism that the political impasse in the country will break.

In an exclusive interview with Mawazine News, Al-Sabri said, "There is a kind of optimism in general, and the signs of political dialogues seemed clear, even those taking place from under the table, indicating that the current situation in the House of Representatives is positive and nearly two hundred deputies attended today's session."

Al-Sa'bri added, "The parliamentary sessions will continue, and the spirit has started in Parliament, and this is what we hope for and it will be for the best."

He added, "The file of the Presidency of the Republic concerns the Kurds first and foremost, and the signs indicate the end of all matters during this month."  link

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New IRaQi Dinar 20000 IQD Update

Rapid Updates:  Oct 7, 2022

New iRaQi Dinar 20000 Note Update. The Pros & Cons?

https://www.youtube.com/watch?v=XV8wBtdU-54

Urgent Warning: Financial Markets Under Heavy Stress as Credit Markets are Collapsing

Steven Van Metre:  10-8-2022

Credit markets are on the verge of collapse as higher interest rates and tightening lending standards are putting the financial system under heavy stress. For consumers and businesses who have tapped their credit lines to take on a record amount of debt, this could not happen at a worse time. A replay of the 2008 financial crisis is just beginning.

https://www.youtube.com/watch?v=eHnL-vUgBeM

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