Dinar Recaps

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Some "Monday News" Posted by Samson at KTFA 4-11-2022

KTFA:

Samson:  Al-Kazemi’s advisor decides the fate of “Iraqi politicians’ money” deposited in Lebanese banks

11th April, 2022

Mazhar Muhammad Salih, the financial advisor to the Prime Minister, said that politicians who have deposits in Lebanese banks should "wipe their hands against the wall," as he put it.  

In response to "the fate of the Iraqi politicians' money deposited in Lebanese banks after the latter declared the state's bankruptcy," Saleh said: "The money deposited by some politicians in Lebanese banks will not return to their depositors (let them wipe their hands against the wall)," adding that "the money is in Lebanese banks." She is gone and there is no hope of her coming back."  

He continued, "They will not receive 10 fils from the Lebanese."   LINK

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Samson:  National Security arrests an official in the tax department in Babylon red-handed

11th April, 2022

Today, Monday, the National Security Agency in Babil managed to arrest an official in the Tax Department in Babil red-handed

And the agency said in a statement received by the Iraqi News Agency (INA), that "the detachments of the National Security Agency in Babylon were able, with a tight ambush, to arrest the director of the Al-Arasat and Real Estate Department in the Tax Department red-handed

He added, "The arrest of the accused took place while he received a bribe of $40,000  LINK

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Samson:  A Security Expert warns of the consequences of delaying the formation of the Government .. "Isis is sending a message"

11th April, 2022

Security expert Jalil Khalaf confirmed, today, Monday, that the effect of delaying the formation of the government, and not gathering political parties at one table, opens the way for ISIS to threaten the security of cities.

The expert said, in a statement to the National News Center, that "ISIS is taking advantage of the political blockage in an attempt to send a message that it is still present, so we see small groups of it carrying out operations in Diyala, Anbar and Kirkuk, as happened during the past few days."

He also indicated that the failure to form a strong government capable of addressing the security situation would allow ISIS to attack the military headquarters and exploit the circumstances to serve its interests, expressing his belief that there is a possibility that ISIS will plan for something greater if this political blockage continues.

The Popular Mobilization announced last Saturday that "a fighter in the 56th Brigade of the Popular Mobilization fell victim and two others were wounded in an ISIS attack, which left the village of Dakshman in the Al-Rashad district, southwest of Kirkuk."  LINK

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Samson:  Integrity seizes cases of fraud and embezzlement in Diwaniyah

11th April, 2022

On Monday, the Federal Integrity Commission announced that it had carried out three seizures in the Real Estate Registration Directorate, the Oil Products Distribution Company, and the Prisoners Institution in Diwaniyah Governorate.

The Investigation Department of the Federal Integrity Commission indicated, in a statement received by Mawazine News, a copy of it, that the team of the Investigation and Judicial Control Division in the Commission's Investigation Office in Diwaniyah was able to detect a case of fraud in the treatment of real estate in the province's real estate registration directorate, with a value of (4,000,000,000). Billions of dinars, indicating that some employees of the Directorate tampered with the fee for the sale of the property.

In a second operation, the directorate pointed out that the team arrested two employees of the oil products distribution company red-handed, explaining that the two suspects embezzled (36,000) thousand liters of gas oil product during the process of transporting it from the Diwaniyah Depot in Karbala to the Karbala power stationWhich caused a waste of public money amounting to (27,000,000) million dinars.

The statement continued, that the team, in a third seizure, moved to the Rafidain Bank and the Prisoners Institution in Diwaniyah, and after investigation and scrutiny, it was able to seize a check that was disbursed to an employee of the Prisoners Institution, in contravention of the controls and instructions.

Three minutes of seizure of the executed operations were organized based on judicial notes, and they, along with the accused arrested in the second operation, were presented to the Diwaniyah Investigation Court judge who is specialized in integrity issues. Who decided to arrest them in accordance with the provisions of Article (315) of the Penal Code.   LINK

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Samson:  Iraq hosts the "Conference of Civilizations" with the participation of 9 countries

11th April, 2022

The Iraqi capital, Baghdad, is scheduled to host the fifth session of the Conference of Civilizations, with the participation of 9 countries.

A Foreign Ministry statement received by Shafaq News stated, "Foreign Minister Fouad Hussein received the Minister of Culture, Hassan Nazim, at the ministry building. During the meeting, they discussed the convening of the Conference of Civilizations on Iraqi soil for the year 2022 in its fifth session, as Iraq will chair the conference for this year, with the participation of each of the Iran, Greece, China, Egypt, Italy, India, Mexico, Peru and Bolivia.

The meeting also dealt, according to the statement, with discussions on the mechanisms of holding the conference and the formation of sub-committees to develop a plan of action, set a timetable, and announce the time of the conference, to be held this year.

The two ministers stressed the need to take advantage of this important global event to shed light on the civilization of Iraq and show the bright dimensions and highlight its position, taking advantage of the presence of many high-ranking personalities, and official invitations will also be sent to international organizations concerned with antiquities and civilization.  LINK

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Samson:  Newspaper: Using The Dollar As A Weapon Could Destabilize The Currency And Split The International Financial System

11th April, 2022

The Financial Times indicated that using the dollar as a weapon could destabilize the US currency and split the international financial system.

The newspaper pointed out that the sanctions that froze Russia's foreign exchange reserves created an incentive for many countries to bypass the dollar.

By openly and in this way turning the dollar into a weapon, the United States and its allies risk provoking a retaliatory strike that could destabilize the American currency and divide the international financial system into competing blocs, potentially exacerbating the situation for all parties.

She noted that there is no global coalition condemning the Russian special operation in Ukraine, and that there is only a Western bloc.

And she considered that this may have important repercussions on the future of global trade, as it is known that the sanctions against Moscow were not supported by China, Brazil, South Africa and Mexico.

The newspaper concluded: “The death of the dollar has been predicted countless times in the past, but the US currency has continued to maintain its positions. But if there is a stable dollar decline in the coming years, sanctions against the Russian Central Bank may not be a brave and new way to pressure the opponent, but rather the moment when the dollar’s ​​dominance begins to decline.”  LINK

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