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Sunday, June 21, 2015

OOTW Research & Chat Discussion Part 1 of 3

Post From Wealthwatch.world -- Part 1 and part of Part 2 is mostly articles  to support discussion -- Comments may be made at the end of Part 3  Thank You



OOTW: 
FIRST I WANT TO SAY......THIS REPORT IS ONLY BASED ON ARTICLES FROM VARIOUS IRAQI NEWS SITES...AS SUCH, UNTIL WE SEE OFFICIAL PRESS RELEASES FROM THE GOVERNMENT..

TAKE EVERYTHING WITH A GRAIN OF SALT - BECAUSE, THERE'S A TON OF MISDIRECTION GOING ON - WITH THE ARTICLES AND WITHIN THE DINAR COMMUNITY....THANK YOU

I WANT TO BRING YOUR ATTENTION TO OUR DISCLAIMER - THIS IS FOR THOSE WHO WANT TO TAKE WHAT WE POST HERE - ESP OUR CHATS...AND TWIST THEM AND USE THEM TO SELL DINAR – 

THE "PUMPERS" , "GURU'S" ETC. - I'VE FOUND SEVERAL OF OUR STATEMENTS, TAKEN BY THESE PEOPLE, AND HAVE SEEN THEM USE MY INFORMATION, TO SERVE AS A BASIS FOR THEIR OFTEN TIMES POOR INFORMATION.

OH...AND BY THE WAY.. THE NATIONAL GUARD LAW IS NOT PASSED. IT HASN'T BEEN READ THREE TIMES AND IT IS NOT IN THE GAZETTE.
~~~
PLEASE SEE OUR DISCLAIMER HERE

SETTING THE STAGE....CORRUPTION IS AT THE CORE OF WHAT'S HAPPENING -WHY MOHSEN/KEYWORDS WAS CALLED IN - ALSO IN QUESTION IS, HIS "INABILITY" TO MANAGE THE BANK PROPERLY:

Shammari: Wikileaks documents gave clear evidence to convict some politicians and the public prosecutor must act to hold them accountable

Created on Saturday, 20 2015 06

BAGHDAD / Sky Press: Faleh Hussein

The head of the Iraqi political thinking Ihsan al-Shammari, Saturday, that the documents published by WikiLeaks gave them clear and explicit evidence to convict some politicians who have links with some countries, likely overlooked because the political scene is not likely as such shocks, while the public prosecutor and the Supreme Judicial Council called for action this trend to hold accountable those convicted politicians.

Al-Shammari said for "Sky Press," that "WikiLeaks gave clear and explicit evidence of conviction of some politicians who have links with neighboring countries or other through the publication of documents, although they are almost unknown and information among the political class and observers and even citizens, but he can not reveal by the lack of conclusive evidence. "

He added that WikiLeaks gave definite and consistent evidence to condemn some politicians, "stressing that" the political landscape is not likely as such spasms, so it will overlook these things, but the public prosecutor and the elimination of Iraqi him to take the role of the accounting convicted politicians. "

The director of WikiLeaks Stanc Snobn currently the deployment of some 7,000 documents with the intention to publish thousands of other transactions for Saudi Arabia with the countries of the region and the world.

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OOTW:  YES THIS INFORMATION I'M GOING TO GIVE YOU IS A FEW DAYS OLD, BUT IT TIES IN TO WHAT'S HAPPENING WITH THE CBI AND THE FINANCE COMMITTEE.

Vice calls to "lift the immunity" for the lower house of parliament

21/06/2015

MP confirmed for a coalition of state law, Samira al-Moussawi, Sunday, that the information that came in the site "Wikileaks" very serious, and while Parliament called for the lifting of the immunity of MPs who named the site, and the names of those described as "criminal".

Musawi said, "The information that came location WikiLeaks extremely dangerous, a labor reveal the corruption of some Iraqi officials, who have sold their home a handful of money haraam wealth, which requires parking religious authority represented by Mr. Ali al-Sistani in order not to delay the facts as they happen often."

Musawi called the House of Representatives to "lift the immunity of its members have been named," asking the prime minister and the Supreme Judicial Council and the Integrity Commission as "an immediate and urgent investigation to expose those spoilers and download a maximum penalty of sanctions against them, including earned their hands."

She described al-Moussawi, the names mentioned by the site as "criminal", loaded it with "the responsibility of the innocent Iraqi blood and all that is happening in Iraq and the ravages of the ills of liquefaction."

And the dissemination of WikiLeaks, (Friday June 20, 2015) .60 A diplomatic cable says is a leaked document of the Saudi diplomatic institutions, and pledged to the site published more than 500 thousand documents, and drew observers to these documents, if true, will shed light on Saudi support for the opposition Syrian rebel groups and the groups and some political figures in Iraq.

At the time questioned the Saudi Ministry of Foreign Affairs, the health of those documents and called on its citizens to avoid Browse any website in order to obtain information leaked intent to "harm the security of the homeland."

Claims activating the economic role of the police .. MPs reckon falling dollar at 1200 dinars

[b]06/21/2015[/b]

BAGHDAD / JD / .. number of experts and specialists in the financial affairs urged the Iraqi government to activate the economic role of the police to prosecute manipulators national economy and to adjust the dinar exchange rate against the dollar, while the likely number of members of the Economic Commission landing dollar prices and the return to more normal levels in the market, which was in 1200 dinars to the dollar.

The economist said Hamid al-Musawi, that there is a deliberate parties trying to national currency target through the events of speculation in the market to make the dollar exchange rate rises gradually, with evidence that central bank sales of foreign exchange and fixed in the same quantities that were sold in the past, what means that the Central Bank does not bear the responsibility of what happened from the deterioration of the national currency.

l-Moussawi told / JD /: It is supposed to activate the supervisory role to mediate and banking offices, local banks and audit operations buying and selling through the fight against economic crime police directing and activate its role to the arrest of each of the companies trying to harm the Iraqi economy and punished according to the law.

For his part, expert at the Central Bank on behalf of Hadi al-Tamimi, said the Central Bank of Iraq met with the Ministry of Finance in order to avoid crisis high dollar prices in front of the Iraqi dinar, and has taken a number decisions, including failure to respond any request to buy a dollar.

He said Tamimi Agency / JD /: that these decisions have contributed to the reduction of the dollar and a gradual rate, adding that "the most prominent factors that have contributed to reducing the exchange rate, and increased central bank sales of up to $ 85 million a day, in addition to the Governor of the Bank's statement that a reserve currency are hard for very good It covers Dinar by over 100%.

"It will open outlets to sell the dollar for humanitarian cases and increase the availability of the dollar and the acceptance of any application submitted for the purchase of dollars by banks for the purpose of paying customers needs measures to remain in control of the market,"

adding that "the Bank has decided to Saturday an official time for all departments belong to him, and Aaltrat on punishing companies until further notice, as well as reduce the deposit period for feeding the external accounts of banks amounts. "

The Committee on the economy and currency parliamentary reduced the risk of sudden and dramatic rise the price of the dollar against the dinar on the domestic market, saying that my time to rise and will return to normal level.

She said committee member Rep. Najiba Najib told / JD /: The rise of the dollar exchange rate against the dinar is normal to what is going through the country from crises on the security and economic level, noting that my time will come back to its normal price.

It added that the central bank will take swift action and urgent after the meeting, which was held under the chairmanship of Prime Minister Haider al-Abadi and Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi, as well as some of the experts and specialists, stressing that these measures would re-dollar exchange rate to 1,200 dinars to the dollar. THIS IS THE CRISIS CELL MEETING HELD A FEW DAYS AGO.

and saw the dollar rise gradually against the dinar has arrived to the price of 1500 dinars to the dollar during the past few days. / end / 8 /

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Infallible emphasizes the need to eliminate pervasive corruption in the joints of the State

[Baghdad-where]   Fuad Masum, the President stressed the need to redouble the efforts of the three presidencies and coordination among them in order to achieve concrete results in the near elimination of pervasive corruption in the joints of government departments, hello common constituent assembly to draft anti-corruption.

According to a presidential statement received by the agency all of Iraq [where] a copy of the infallible, "he stressed during a meeting at the Peace Palace in Baghdad on Sunday morning joint Constituent Assembly Delegation to combat corruption included Hamid Khalaf Ahmed, Secretary General of the Council of Ministers and Hassan al-Yassiri chief of the general integrity and Maher al-Bayati of the Inspector General in Ministry of Finance, the need to develop and raise the inter-ministerial coordination in the fight against corruption level, pointing out that Iraq is an urgent need for such coordinating bodies. "

According to the statement, "The delegation of the Joint Council For his part, the new regulation to the Council's work and documents related to it, praising the vision of President of the Republic and his contributions to support the work of bodies involved in combating corruption in the Iraqi government agencies ".anthy

http://ift.tt/1K5JcAr
 

National calls to bring the Central Bank of quotas

 (Independent) .. called the National Coalition to the output of the Central Bank of quotas basket, and the replacement of those responsible for the collapse of the exchange rate who were appointed for partisan reasons unknown.

He said the coalition in a statement that he is following with deep concern the continued decline in the dinar exchange rate, which directly affects the citizen and lead to higher commodity prices weighing his shoulders in the holy month of Ramadan, and contributes to the impoverished, and exacerbate threats to civil peace, and constitutes the other face of terrorism obnoxious .

He noted that the floundering policies and decisions is studied Central Bank, which has the responsibility to maintain the value of the currency, led to a loss of confidence in Iraqi currency and pay the owners of dinars to replace them quickly to the dollar to maintain its value,

 which led to the currency deterioration. As the corruption mafias exploit this decline for a profit without conscience or national and dearest, and without fear of the expense.

He called the national coalition in a statement the government and the House of Representatives to bring the Central Bank of quotas hateful basket, and the replacement of those responsible for the collapse of the exchange rate who were hired for reasons of partisan known,

and they lack the experience needed to manage such a serious institution, and national personalities of the owners of expertise and efficiency and the ability to secure currency stability and ending the state of proxy appointmentand give confidence to those who deserved it. (as he put it)

The statement noted that the national coalition led by Ayad Allawi, Vice President of the Republic is seeking to make an inventory of my account on all Iraqi funds spent since the occupation of Iraq in 2003 and to this day by using a professional and impartial international experience, and detect objects of expenditure and cases of corruption and waste of public money and punish all the perpetrators. (end)

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Chalabi: we proposed to the Central Bank controls to combat money laundering and accounting offenses

head of the parliamentary finance committee, Ahmed Chalabi announced a proposal for a committee of the Central Bank of Iraq put controls in the fight against money laundering and to hold the perpetrators to reduce the high US dollar exchange rates.

Chalabi said at a news conference at the parliament building with a number of members of the committee and in the presence of the governor of the bank and the agency on the Keywords attended by the correspondent Agency all of Iraq that "the Finance Committee today held Astnthaiah session in the legislative recess of the parliament to discuss the reasons for the high dollar and the amount of supply in the bank auction and was attended by Governor of the Bank and head of private banks Authority and director of the fight against organized crime. "

He added "We looked at the causes of fluctuation of the dollar prices in the previous period both parties and made proposals and all agreed to change the contexts of existing and developing new ones to defend the value of the Iraqi dinar."

He pointed Chalabi to that the Finance Committee " It applauded the liberalization of the currency with controls to combat laundering financial aid also submitted proposals that the central bank takes measures with Banks worked with him the need for people accountable or those who possess them evidence of organized crime, according to the powers of the governor and the bank. "

For his part, Governor of the Central Bank on the Keywords that "frequent meetings with Finance Committee indicates the interest the two sides to save the value of the dinar and address the causes of the fluctuation of the dollar and we met today was about monetary policy and find proposals that meet the economic reality and the independence of the bank's requirements with a discussion of Iraq pledges Foreign and not put restriction on the dollar exchange rate being we do not allow the Iraqi currency be a cover for guerrilla " .
The source of parliamentary revealed to the Keywords suggested hosted by Finance Committee of the parliamentary session today, "the abolition of the private bank's auction sale of foreign currencies including the US dollar to save the exchange rate against the Iraqi dinar and prevent the increase of the dollar exchange rate, and the liberalization of price without any limitation and sold each Who wants to buy it, because there is a reserve in the bank responds to any request with the restriction of sales instructions and controls but this is what the Bank can not be done. " 

The source added, "as Keywords suggested suspended customs duties, as the majority of cases of corruption at border crossing points, and corruption among officials in border crossing points ".

 [url=http://ift.tt/1K5J9F1 of the Central Bank proposes to abolish the bank auction to sell the dollar and suspended customs duties

Governor of the Central Bank of Iraq and the Agency on the Keywords proposed eliminating private bank auction sale of foreign currencies including the US dollar to save the exchange rate against the Iraqi dinar.

According to a parliamentary source familiar, he told all of Iraq , that "Keywords explained through hosted today in the parliamentary finance committee, that he has solutions studied with specialists in order to ward off any risk and prevent the increase of the dollar exchange rate, 

which the central bank output from the sale of the dollar, and edit price without any limitation and sell it to anyone who wants to buy it, because there is a reserve in the bank responds to any request with the restriction of sales instructions and controls but this is what the Bank can not be done. " 

"As Keywords suggested stop customs duties, as the majority of cases of corruption in border crossing points, and corruption among officials at border crossing points. " 

the source quoted Keywords emphasis on "the need to activate controls on money laundering operations because there is an economic crime committed and should be monitored." 

He attributed the Governor of the Central Bank crisis high dollar exchange rates, "the existence of banks to buy bills forged for the withdrawal of currency ", pointing out that" Jordan and Dubai adopted to control about Iraqi remittances as Dubai refused entry to the next remittances from Iraq that b [dollar] and proceeded to turn it into the UAE dirham to allow entry, "referring to the" lack of cooperation by Turkey in this aspect. " 

He said Keywords that "the five banks by indicators such transfers, and up profit per day to around 22 million dollars." The governor of the Iraqi Central Bank and the Agency on the Keywords commented yesterday on the financial budget for the 2015 law on determining auction sales Bank for $ 75 million. 

"We We sell in the daily bank auction amount of dollar exceed the amount of the $ 75 million set in the budget law because we have an objection to Thdbd amount of sales cash Valssayash essence is the use of these goals, and if they restricted in advance they are robbed of the flexibility of the bank, "adding that" there are no our intention to change the exchange rate in the auction, ". 

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21/06/2015

The parliamentary finance committee accused, Sunday, banks manipulating the dollar's exchange rate against the Iraqi dinar, while the Central Bank of Iraq has called for the use of international criminal Bmedkqan to curb money laundering and follow-up operations.

Finance Committee said in a press statement on the sidelines of public special meeting where the Governor of the Central Bank of Iraq hosted an agency on the Keywords, said that "a group of banks make up the clumps of banking companies controlled by bankers to have a corrupt relationship with the outskirts of the Iraqi state of being behind the manipulation of the dollar so it must the right to take punitive action on the basis of the Law of the banks. "

She added that "these banks manipulative prices Hawwaladtha send the dollar to banks, mostly in Turkey, Jordan and the United Arab Emirates", calling on the central bank to refrain from transferring funds purchased Iraqi banks to banks abroad. "

The Commission also called on the central bank to "use criminal Bmedkaan of the major audit companies in the world to monitor and analyze the information of foreign exchange by the Bank and banks to buy dollars."

She suggested "the use of certified instruments issued by the central bank for traders who want to travel to the symptoms of trade at the price announced by the central bank and the sale of such withdrawals of bank instruments from prestigious banks in the countries with which the Iraqi trader such as China and the sale of these instruments through state banks to meet cash Iraqi Ready Yet Other banks approved by the Central Bank. "

Parliamentary Finance and referred to "the importance of using travelers who want services in overseas instruments to meet foreign currency and this reduces the amount of cash required for different purposes for citizens."

]http://ift.tt/1IYrH24

Comments may be made at the end of Part 3  Thank You


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