BLC Answers Members Questions 12/27/2014
gdoodle wrote: Article - 41. This law shall be published in the Official Gazette and implemented with effect from 1 / January / 2015
And, where is article 38?
Tlm724: Hey gdoodle thanks for posting this, I read it while I had my coffee this morning. I just wanted to take a moment to clarify something for you all. Where it shows this "Article - 41.
This law shall be published in the Official Gazette and implemented with effect from 1 / January / 2015" simply means that no matter WHEN the budget is passed whether it's January or even February
and after it has been in the gazzette then it becomes effective Jan 1st retroactively applied to that date (Jan 1st) as all budgets are .
Just wanted to be clear on that Wink And as far as article 38 missing well that could be due to the translation or a typo. Again thanks for posting it.
starlight wrote: I read a post today on the Internet supposedly put out by Bondlady on October 17, 2012 saying Shabibi is corrupt, etc. The title is:
There may be some truth to shabibi being involved
So how do you stand now with all the detail you reported about the corruption of Shabibi now? I am confused. I still think Shabibi is not the guilty party. Thanks, starlight
Tlm724: Starlight thank you for your question. I will do my best to answer it for you as BondLady has commitments today. Let me quote Bondlady's Chat from Wed Oct 17, 2012 1:56 pm
[BondLady] then the cia will release little tid bits of info
[BondLady] and provide proof
[BondLady] to them
[BondLady] whatever it is
[BondLady] whether it was hashemi and his hit squads
[BondLady] to corruption and bribes
[BondLady] so when things over there get lop sided
[BondLady] and they need to level the playing field
[BondLady] they release info to the ones needing help
[BondLady] the most
[BondLady] so what if
[BondLady] what if
[BondLady] they did the same thing
[BondLady] on shabibi
[BondLady] whether it's true or not
[BondLady] whether it was him or not
[BondLady] he is the cbi gov
[carpentersr] maybe that is why everyone there is holed up at the moment...
[BondLady] the buck stops there
[BondLady] whether it was someone who worked at the cbi
[BondLady] doesn't matter
[BondLady] he is in charge
[BondLady] whether he did it or not
[BondLady] the buck stops there
Also she said this on Oct 19, 2012 9:46 am as a follow up:
"ITS A DIFFICULT TIME FOR US ALL IN THIS INVESTMENT, AS SO MANY THINGS HAVE HAPPENED AND CHANGED THRU OUT THE YEARS, I ASK U ALL TO REMAIN STRONG THRU THIS SHABIBI ISSUE,
I CANT SEE THAT EVERY THING WE THOT ABOUT THE MAN THRU OUT ALL THESE YEARS COULD BE FALSE, BUT WE HAVE TO LET THIS ISSUE PLAY OUT AS IVE SAID MANY TIMES"
Tlm724: I think it is safe to say that BondLady has always based her opinion on facts and if you can take the time to read back over those posts in full you will see that she spent countless hours verifing everything she could at the time.
Dr. Shabibi has been cleared of all charges against him and as we have stated will probably be re-instated as the governor of CBI any time now. As to your question " So how do you stand now with all the detail you reported about the corruption of Shabibi now?"
I don't think there is one person that was in power in Iraq that didn't have their hand in the cookie jar, no one was above reproach.
Remember there was no electronic accounting except for the CBI itself, it was a free for all for theft and corruption. They would steal all they could then there would be a fire if they suspected an arrest warrant was coming. They would burn the evidence which was probably written on pieces of paper etc..
Was Dr. Shabibi quilty of any malpractice ? We can't know the answer to that but I was reminded by BondLady that there was a question about the 13 dinar profit made off each dollar sold in the daily auctions and that the accounting was off. Was that Shabibi ? Again no way to tell.
His sins may have been more innocent than that. If you recall each year as the budget was being prepared all the GOI guys would look to the reserves at the CBI saying "hey we can just use that money" while drool was running down their faces. Shabibi would always say NO that money cannot be used !
Maliki wanted to take money from the CBI to build up the infrastructure for the Port of Faw and was turned down repeated by Shabibi. But old Shab's held tight to his convictions and said we are independent ! Maybe just maybe that is what got Shabibi in trouble but who knows.
The whole country of Iraq is different now and has been since Sept. There is accountablity and oversight and corruption is being controlled . Whole new set of circumstances.
I am encouraged to see Shabs back as he orchestrated the currency reform. That said, I hope I have answered your question and we will watch and learn together what this new and old set of players will do for our investment.
I just had an afterthought , Shabibi is the one who continually told the gov of Iraq to develop the private sector and increase industry to get away from dependancy on oil...
he told them how to do this and had they taken action at the time this drop in oil prices would not have effected them as badly but no they rode in the first class car of the train all these years and now that ride is over. They gotta do this .... just sayin
2 Re: BLC Answers Members Questions 12/27/2014 Yesterday at 11:23 pm
Tobyboy: Timmy I remember when BL had the chat you posted above. I had felt from the beginning when Maliki tried to get Shabibi arrested that Maliki was no good and believed from day one that he was innocent of those charges.
From that point 2012 believed that Maliki was corrupt and boy was I correct looking at all the corruption been coming out againbst Maliki. Also at that time Shabibi tried to tell MAliki of corution of people in BAnking that Maliki had put in of course Maliki would not listen to Shabibi.
I am really happy that Shabibi has dismissal of charges and will will see a lot of good come about once he gets back in CBI. My point is Bondlady has also been on target with our investment. I have had my aluminum thinking cap on. BL knows what I mean Hello Bondlady Very Happy
tlm724 FOLLOW UP: 22/12/2014 the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi,
describing him out of office, "targeted personally" for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed http://www.dananernews.com/News_Details.php?ID=5406