More News, Rumors and Opinions Wednesday Afternoon 8-21-2024
TNT:
Tishwash: Iraq pursues his former oil minister via Interpol
ERBIL (Kurdistan 24) – The Federal Commission for Integrity continues to coordinate with Interpol to arrest former Iraqi Oil Minister Ihsan Abdul-Jabbar, who is involved in billions of dollars of corruption.
In mid-August August 2023, the Karkh Investigation Court, which specializes in integrity issues, issued a decision to seize the movable and immovable funds of former Oil Minister Ihsan Abdul Jabbar.
At the time, Iraqi supervisory sources spoke of inflation and extreme wealth in the minister's funds, who, according to the same sources, owns millions of dollars worth of real estate in Iraq and abroad.
Earlier, the head of the transport and communications committee in the Iraqi parliament, Zahra al-Bajari, confirmed that the former minister in the integrity courts has 68 files related to financial and administrative corruption and waste of public money.
At the time, she pointed out that Abdul-Jabbar was involved in damaging public funds within the oil sector worth $ 825 billion.
Al-Bajari said in a press statement on October 18, October, 2022, that the former minister "amended a contract between the Ministry of Oil and two British and Chinese companies related to the Rumaila oil field in a way that causes financial damage to Iraq estimated at more than $ 825 billion over 25 years."
The Iraqi MP said, based on a report of the financial audit, that among the paragraphs affected by the amendment in the contract is a paragraph to reduce oil production and export by 750,000 barrels per day. link
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Tishwash: Calls to form a parliamentary committee to investigate the discrepancy in the budget tables amounting to 8 trillion
Member of Parliament, Sarwa Abdul Wahid, called on Wednesday for the formation of a parliamentary committee to present its results to the House of Representatives regarding the difference in the budget tables, which amounts to 8 trillion dinars.
Abdul Wahid said in a statement seen by Al-Eqtisad News, "After talking about the difference in the budget tables, which amounts to 8 trillion, it became necessary for the presidency of the council to respond to the letter of the Council of Ministers that was sent on the first of last July, and as a result, the head of the Finance Committee ordered the formation of a committee to find out the facts."
Abdul Wahid explained, "It seems that there is (deception on the issue), so we demand the formation of a parliamentary committee whose results will be presented to the House of Representatives to find out the facts. If the Cabinet's letter is accurate and there is manipulation of the tables, then this is a disaster that must not be ignored, and Parliament must not be allowed to be a bridge for the corrupt." link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Once again, the Project to Delete the Zeros raises its head up. Yes, two more articles on it this period... There are other articles today related to the topic that help us understand and tell us they know what they have to do and its just a matter of time how and when they do it. The clock it ticking… tic, toc, tic, toc.
Militia Man Article Quote: "The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the coming days." We've heard this before but we haven't seen the end result yet. Why is that? Could they have been trying to do it before? Sure. Have they tried many times? They could have. Are they trying to do it again? The evidence support that this is what they are telling us - that they're going to try to do it again. Hopefully they get this one done.
WARNING! Forget About A STOCK MARKET CRASH! Something MUCH BIGGER Is Coming.
Greg Mannarino: 8-21-2024
Market Needs 40% Correction, GOLD To $6,000? | Michael Pento
Soar Financially: 6-20-2024
Michael Pento discusses his concerns about the current economic landscape, focusing on the risks posed by massive asset bubbles in stocks, real estate, and credit. He outlines his investment strategy and explains why he believes significant market corrections are inevitable. Michael also shares his views on inflation, deflation, and the potential for gold to rise to $5,000 or $6,000 per ounce.