Zig’s Place Chat and News Sunday PM 5-23-21
Zig’s Place Chat and News Sunday PM 5-23-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish her
23 May 21, 12:07 PM BobbyC Favorites · tr2Sponsoraedhh · LINK
We posted the post below on May 4 to talk about Iraqi smuggled funds abroad. Today, Mr. President of the Republic introduced a bill on recovery of corruption funds. We repost the topic as a reminder of the proposed solutions... Disclosure of a diplomatic movement to retrieve Iraqi funds from abroad #الاموال_العراقية_في_الخارج! LINK
Of course, the topic is very important but complicated.
Here I will try to brief the matter by how many points are necessary.
First, we must know the sources of this money and the most important stages that have passed in Iraq.
The first stage, the post-Kuwait war and the period of international sanctions against Iraq.
Among the international sanctions was the freezing of Iraqi funds and assets abroad, and there was also debt to Iraq on some countries that stopped paying!
The previous regime then used crooked ways and with different names to register Iraqi assets and funds in the accounts of some individuals and companies, and these amounts are estimated to be up to $ 80 billion distributed to more than 50 countries.
The second stage was the looted money during 2004-2003 This money, monuments, and stolen, as well as the coalition's money that was pumped into the Iraqi economy cannot be counted, and my estimate exceeds tens of billions.
BobbyC The last of which is the stage we have been living since 2005 to this day. It is also difficult to determine the appointed figure smuggled money, but I say it is up to twenty percent of Iraq's annual budgets.
(Depending on the commons that money laundering needs 80 percent to launder 20 percent) which is money, uncompleted investments, space salaries, smuggling currency in different ways.
Live theft.
Knowing that the total budgets since 2005 to 2020 are up to $ 1342 billion (note no budget for 2014 and 2020)
Simply smuggled money in illegal ways for the past fifteen years is estimated at $ 268 billion.
The total for the last thirty years exceeds $ 358 billion.
To clarify that Iraq's budget for 2021 was estimated to be up to $ 80 billion. It means smuggled money is equivalent to balancing Iraq for more than 4 years..
The solutions.
Initially, corruption operations, smuggling money, and close the door well, depending on its automation and electronic transformation as soon as possible, in cooperation with all the authorities, the first of which is banks.
Legislation of necessary laws in cooperation with the relevant countries and relying on the International Contact Group group formed last year.
BobbyC Legislation of agreements with relevant countries to exchange information and wanted.
Also, assignment of an integrity employee or the Anti-Money Laundering Office to be part of the business attachments team in the related capitals from which money is expected.
Commercial accessories and embassies should start collaborating and looking for surveillance companies and investigating Iraq's funds in these countries.
Finally, we must invest immediately by all means available to stop the bleeding of Iraqi money abroad at all costs, because it will simply be less expensive in the future, as we saw from the total smuggled money.
#عقيل_الأنصاري LINK
BobbyC Quiet a few put their eggs in a basket of Iraq affording a revalue thru smuggled/frozen assets
Dave BobbyC have heard accounts that Iraq has frozen between 180-220 billion usd in banks abroad
BobbyC Yep Now they just have to figure out btwn that and owed debt. Wasn't there talk the other day that if Iraq introduced the LD's, the IQD would have a new name? I know there was talk about the ISO
Dave BobbyC Sandyf...IQN.......
BobbyC Cool doubt it, but cool lol was it not the IQD under Sadam?
Dave yep....
BobbyC So if it's still called the IQD post 2003, I doubt it will get a name change. On the other hand, who gives a **
Dave green back,dollar,buck all the same thing?
BobbyC Yeah I think sometimes we make this way more complicated than it should be or someone needs attention
Dave CBI never ever mentioned IQN.......?
BobbyC It's been the IQD since the early 1900's I see no reason why that will change
BobbyC And since that time the denominations have been altered
Dave BobbyC esp those fils 2004 that were not released
BobbyC True but they were released lol. You can buy em right? I've read articles about the roll out and 5 minutes after, Iraqi's were melting them for their mineral value
Dave BobbyC can purchase 50 dinar notes also
BobbyC It was supposed to ease the way during the turnover of currencies but it wasn't very well thought out
BobbyC Yep one can get em but are they readily accepted in the market. Same as our 1K note
BobbyC Now the 50 was a total disater as far as the CBI was concerned
Dave needed 30 of em to buy that Coke.......
BobbyC Yeah and that's the push behind a re denomination
Dave worried that Zig may ban me fer mentioning Coke and wheel barrows
BobbyC Dave :HaHaHa:
BobbyC So is SandyF invested in this? Isn't he better known as Sam I am?
Dave Close......no cigar.....thats what Germany Russia Turkey Belarus did same themes
BobbyC So lemme ask you this. Was Iraq's 2021 Budget set at 129 trillion IQD?
BobbyC IQD
Zig BobbyC : No...two different people...Sandyf lives in Thailand and yes he has been invested a long time....Sam I Am is also active here from time to time.....
BobbyC Thanks Zig
BobbyC Actually no biggie on the 2021 Budget value
Dave what budget?
BobbyC If you were the CBI and you sold a 25K note for roughly 20 USD knowing that I was going to buy it back for 25K USD don't you think people would think I was kinda stupid?
BobbyC The Budget that was passed, ratified and published
Dave Bingo...why i invested
BobbyC Bingo? What part of that statement told you this was a good investment lol Is it not a true statement?
Dave stupid is as stupid does.....
BobbyC The I in my question was referring to the CBI. My bad
BobbyC I gave up the instant millionaire for 1K a long time ago That said, I'm still invested :)
Dave BobbyC CBI......"delete 3 zeros and increase purchasing power of the IQD" is All I have.....
Dave occasional chatter about FILS.....
BobbyC Yeah I read that article and indeed they will have "purchasing power" after the fact ** they have it now
Butterfly In the document: Parliament sets the 31st of this month as the date for the questioning of the Minister of Finance Sunday 23, May 2021 19:26 .........The House of Representatives set the 31st of this month as a date for the questioning of the Minister of Finance.
butterfly Blinken: Iran has not yet shown its willingness to take the required steps to return to the nuclear deal
Sunday 23, May 2021 21:02......US Secretary of State Anthony Blinken said that the United States has not yet seen indications that Iran is ready to take the necessary steps to return to the nuclear deal.
Blinken indicated, in an interview with ABC network today, Sunday, that the ongoing negotiations in Vienna between the United States and the current parties to the nuclear agreement, without a direct dialogue between Washington and Tehran, have allowed defining the steps that both parties must take in order to return to compliance with the terms of the deal.
He said, "Thus, we know what sanctions will need to be lifted because they are not in line with the nuclear deal, but it is more important and more important that Iran, according to my belief, knows what it must do to return to compliance with the nuclear agreement."
The minister added, "We have not yet seen whether Iran is ready and seeking to adopt a decision to do what it must do. It is a test and we have not seen the answer yet."
Blinken held Iran responsible for engaging in destabilizing activities in the region, including financing extremist groups, supporting terrorism more broadly, supporting dangerous proxies affiliated with it, taking destabilizing steps in various parts of the Middle East, and violating the non-proliferation regime.
butterfly He warned that Iran, in the event that it acquires a nuclear arsenal or the ability to achieve this goal within a short period, will tighten its behavior in these areas, stressing that President Joe Biden's administration seeks to limit all these activities, after the administration of his predecessor, Donald Trump, failed in Accomplish this mission by adopting the strategy of "maximum pressure" against Tehran.
He said, "But the first thing that we need to do is to return the nuclear problem to the fund. Therefore, we remain committed to our attempts to see whether Iran will return to compliance with the nuclear agreement .. In this case, we will use that as a platform to continue work and try to deal with all these issues."
butterfly Staging a sit-in tents in front of the Qaimaqamiyat Al-Rifai building in Dhi Qar to protest Al-Rikabi taking over the administration of the judiciary
Sunday 23, May 2021 21:31...........Dozens of residents of al-Rifai district in Dhi Qar province demonstrated this evening, Sunday, denouncing Ammar al-Rikabi assuming the position of District Judge.
Eyewitnesses told the Nassiriya News Network: "A number of protesters set up sit-in tents in front of the Qaimaqamiya building in the middle of the district, and demanded the cancellation of Rikabi’s assignment of this position."
butterfly The arrival of a new shipment of the US Pfizer vaccine against Corona
Sunday 23, May 2021 20:54...........The General Company for Marketing Medicines and Medical Supplies at the Ministry of Health announced the arrival of a new shipment of the emerging anti-corona virus vaccine produced by the American company Pfizer.
Sparky Supreme leader dinard ... what makes you think that you'll profit from the IQD ?
Zig Sparky : Do you think we will ever profit from it?....I have my doubts.
Sparky Zig ... I think we can profit from being in the investment , yes ... maybe from finding out about another investment opportunity ...
Sparky ... simply from IQD , it's gonna be a while , imo ...
Sparky . I remember listening to a Phoenix33 call, and his sidekick Lakehouse was researching Bitcoin . back in 2012
Sparky ... they were onto it at $5 or less per ... discussing it with their peers ..visionaries ...
Dave still figure silver way undervalued.....recollect gold 32/oz.....silver about a buck...today silver 28 gold 1800.....Silver utilized greatly with circuitry and those solar panels.....
Dave each solar panel uses about .70oz of silver
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