Dinar Recaps

View Original

News, Rumors and Opinions Late Thursday Night 5-14-2020

TNT:

Thursday UPDATE for May 14, 2020

Al-Kazemi and 6 other ministers are filling in the remaining cabinet jobs until the completion vote after EID. This basically makes it a full cabinet.

On Iraqi TV, parliamentary spokesmen are saying that the 2020 budget will be approved right after EID holiday and they deny that the budget will be from month-to-month. 

See this content in the original post

Tishwash:  Parliamentary Finance: We will approve the budget within two weeks if it arrives from the government

Member of Parliamentary Finance Committee Jamal Kujer announced, Thursday, that Parliament is in the process of approving the federal budget for the year 2020 within two weeks if it reaches the House of Representatives.

"The current government is similar to a daily caretaker government unless the parliament approves the budget as soon as possible," Cougar said in a statement to "Information", noting that "work is underway with Law 12/1 for the year 2019 to not pass the 2020 budget."

He added, "The budget for the current year is an austerity budget, operational and its doors are fixed, not exceeding only the low oil prices, the Corona crisis and the employees' salaries."

Cougar pointed out that "approval of the budget is the only opportunity through which to overcome the status quo."    link

************

Booyah:  Eid al-Fitr 2020 will begin in the evening of Saturday, May 23 and ends in the evening of Sunday, May 24

************

Courtesy of Dinar Guru

Footforward  Article:  "Parliamentary Finance:  We will approve the budget within two weeks if it arrives from the government"   I know everyone will be excited for this but I honestly don't think this is what we are waiting on. They do not need a budget to have an RV.  It's still a good step!  But this isn't holding it back.  I know people don't want to hear that because we want to see the finish line. Its my opinion we are close. Very.

************

KTFA:

Don961:  The arrest of a bank manager who tried to embezzle 3 billion dinars in Najaf

Data 05/14 2020 12:41 1512 Editor: am   
Baghdad today - Najaf

The Federal Integrity Commission announced, on Thursday (May 14, 2020), that it can control cases of fraud and embezzlement in a private bank in Najaf, at an amount of more than three billion dinars (about $ 2.6 million), indicating that the accused in this case is the bank’s director in association with her husband The customer at the bank.

The Investigation Department of the commission stated in a statement received (Baghdad today), that the "Najaf Investigation Office" team that transferred to the bank seized the original deposit and withdrawal bonds that were tampered with and embezzled by the accused (the bank manager), who transferred funds to her husband's accounts and arrived To (2,708,000,000) billion dinars and (350,177) thousand US dollars, after issuing the financial competencies that were not entered in the bank's accounts and without deposit funds, "explaining" that they sign on behalf of customers the restrictions of depositing and withdrawing without their knowledge. "

And the department added, "The defendant canceled letters of guarantee and issued them again without referring to the general management of the bank, keeping the commissions resulting from the letters for their personal benefit, taking more commissions than the prescribed percentage from the public administration, and transferring the extra percentage to her husband's account, as well as leasing the moneylender located in front of The bank for a period of three years, and depositing the collected amounts in the same account.

She pointed out that "a fundamentalist minutes of seizure of the seizures were organized in the process and presented to the investigating court judge specializing in integrity issues in Najaf to take appropriate legal measures."   LINK

See this content in the original post

Lynette Zang

THE LASTING HARM OF CORONA VIRUS

Streamed live 4 hours ago

https://youtu.be/LYabCQh3ezA?t=4

Iraq still talking rate change Iraqi Dinar News 05/14/20

Pimpy’s Investment Chat: May 14, 20202

Posted an hour ago

https://youtu.be/kMCkEaShm08?t=3

See this content in the original post