Dinar Recaps

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More News, Rumors and Opinions Saturday PM 11-26-2022

KTFA:

Samson:  In the document... a deputy reveals that the Ministry of Finance confirmed the theft of (3.7) trillion dinars from the tax account

25th November, 2022

Member of the Parliamentary Integrity Committee, Representative, Engineer Ahmed Taha Al-Rubaie, revealed that the Ministry of Finance confirmed that the amounts stolen from the trusts account belonging to the Tax Authority in the Rafidain Bank amounted to (3.7) trillion dinars.

Al-Rubaie said in a statement: "The ministry indicated, in its address to our office, a detailed report on the amounts and the parties responsible for disbursing these amounts."

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He added, "For oversight purposes, we have addressed the Ministry of Finance more than once to clarify the stolen amounts, the parties behind them, and the ministry's procedures for exposing the thieves of public money.

"The administrative and judicial investigation, confirming at the same time his communication with the judicial and oversight authorities to follow up the details of the issue until the money is recovered and the corrupt are held accountable.  LINK

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Samson:  Nassif reveals about a "big theft" of Iraqi politicians' money

26th November, 2022

A member of the Parliamentary Integrity Committee, Alia Nassif, revealed today, Saturday, a second type of theft, which is related to politicians' money.

Nassif said, in an exclusive interview with Mawazine News, that "most of the politicians' money was placed in the banks of Beirut, and because of the bankruptcy of Lebanon, the banks also went bankrupt, which prompted the owners of the money to establish a transfer entry from the Lebanese Bank to the Rashid or Al-Rafidian Bank."

And she added, "They are filing a lawsuit against Al-Rashid Bank or Al-Rafidain Bank to obtain that money, which led to the banks' attention to those movements," indicating that one of them was in the amount of one million 250 thousand dollars and the other two million and 250 thousand dollars, which the judiciary noticed and stopped the procedures and lawsuits, and some were arrested. Those involved and the file under investigation.”

She pointed out that “the defendants held high positions, “Minister of Foreign Affairs and head of a security apparatus,” which amounted to 6 billion dinars.  LINK

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Samson:  58% of Iraq's oil revenues over the past five years came from India's pocket

26th November, 2022

The value of Iraqi oil exports during the past five years amounted to more than 390 billion dollars, 58% of which came from India.

And the “TradeMap” website stated, in a statistic, that “the value of Iraqi mineral fuel and mineral oil exports to India during the past year amounted to 26,450,561 dollars, up from the year 2020 by 64%, in which the value of oil exports to India amounted to 16,075,561 dollars, and also high.” For the year 2019, in which the value of oil exports amounted to 22,025,731 dollars.

She added, "The value of Iraqi oil exports to India during the past five years amounted to 230,486,927 dollars," noting that "the value of Iraqi oil exports to countries around the world during the past five years amounted to 390.615 billion dollars."

Iraq ranks first among the oil exporting countries to India, followed by Saudi Arabia and Russia. LINK

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Courtesy of Dinar Guru

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: The Finance Minister comes out and says there is no change in the rate as of now and says when the new budget comes out it will also not happen.  We don't know what in the world this person is talking about because yesterday they said the opposite.  We know they can't come out and just say they are going to have a rate change.  That's illegal.  So we try to read between the lines.   FRANK:   Bravo! ...What an advancement in attitude.  He knows his laws...

Samson  Article:  "Industry: Five thousand plants will start production in the coming years". Quote:  "The aforementioned factories, which were granted regular establishment licenses by the Ministry, will supply the local markets...with various goods and commodities, which will give the country an opportunity to dispense with importing all its needs of those goods, and be satisfied with their local counterparts.."

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Peter Schiff- China REFUSES To Accept US Dollar Threatening To Collapse The Entire US Economy

InvestorNote:  11-26-2022

In today's video, Peter Schiff talks about the federal reserve and central banks that caused inflation around the world.

According to Peter, inflation is only going to get worse and it's never going back to the 2% that the fed is trying to achieve.

https://www.youtube.com/watch?v=1ZCVUjd3CsE

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