Post From Dinar Updates 2-21-16
Chat Room Excerpts & Highlights
Dinar Updates Sunday AM Chat 2-21-16 Part 3 of 3
rcookie says( OPEN UP THE IMF LOI...AND THEN READ THE POST HOLLY HAD AT 10:11 LAST NIGHT...COMPARE THE VERBIAGE....AND I DARE YOU NOT TO SMILE....
tman23 says Remember back in 2011 Shabibi had a tender and ordered 15 Del-a-Rue machines....High tech that counted, read serial numbers of notes, and came with incinerators......
These "machines" were also said to have the capability to print ID Cards...... and said to be used to generate the "second generation" form of the ration card.......Each of these "machines" were connected to data lines........ They know where their money is and have an accurate accounting.......
love it 2 says to tman23 isn't Shabby on a island enjoying his wealth now ?
rcookie says EVERY FINANCIAL & ECONOMIC REPORT..STATEMENT AND ACTION IS A DIRECT TAKEAWAY FROM MANDATES FROM THIS PAPER....
rcookie says ALMOST VERBATIM...
love it 2 says to rcookie awesome... now RV and get over with all ready ... :D
love it 2 says to rcookie grammer police check ....already * (lol)
rcookie says to thenextbigidea HERE YOU GO.... 2011 IMF LOI/MEFP/TECH MOU
https://www.imf.org/external/np/loi/2011/irq/030311.pdf -- This webpage is not available
IRAQIMF Country Report No. 15/235 August 20152015 ARTICLE IV CONSULTATION AND REQUEST FOR PURCHASE UNDER THE RAPID FINANCING INSTRUMENT—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR IRAQ
tman23 says And when people say........sent tens of billions out of the country.....stolen money......... Back in March 2015 the US Treasury was sending 1 billion dollars to the KRG.....
The statement from the UST was...... It will take 1 month to wire the money since they can only wire a max of 500 million at one time and there is a 15 day wait period before they can wire the other 500 million.......
This is our UST that can't do large amounts and restrictions follow....... Now who thinks that the flow of 10 or 20 billion missing from a one year budget in Iraq is not traceable....... AGAIN...... They know where it is and who has it........ And it stinks of government corruption......And not just in Iraq !!
rcookie says to thenextbigidea AND HERE IS 2010 WITH SHABIBI SIGNATURE ...
love it 2 says to tman23 well now ...you get the QUOTE of the day :) .....And it stinks of government corruption......And not just in Iraq !!
love it 2 says to rcookie 6 years ...things change i'm sure... a bit like wrinkles if you will...we get more as we "age"....:D
rcookie says to love it 2 AGREED...BUT THE CHANGE IN THIS CASE IS PROGRESS TOWARD ASSIGNED IMF & WB GOALS....
love it 2 says to rcookie we wait and se...as we have for some over 10 years and others less...it will be what it will be ...and when it will be is in GOD'S time....not guessing...after all HIS TIMEX is PERFECT ;)
Dr Dave says Post-war Iraq: 'Everybody is corrupt, from top to bottom. Including me'
A corrupt political class has led a 13-year pillage on public money in the pursuit of power. As oil prices fall, further jeopardising the country’s revenues, there is little hope that governance will improve
One of Iraq’s anti-corruption leaders sat in his office, waving his hands in exasperation. “There is no solution,” he said. “Everybody is corrupt, from the top of society to the bottom. Everyone. Including me.”
Coming at the start of a conversation about Iraq’s ailing governance, and what was being done to turn things around, Mishan al-Jabouri’s admission was jarring. “At least I am honest about it,” he shrugged. “I was offered $5m by someone to stop investigating him. I took it, and continued prosecuting him anyway.”
Isis sending children to die at unprecedented rate, report warns
Jabouri is a member of one of two anti-graft bodies, a parliamentary committee, tasked with protecting public monies in po
Dr Dave says “Believe me, most of the senior names in the country have been responsible for stealing nearly all its wealth,” said Jabouri. “There are names at the top of the tree who would kill me if I went after them. When people here steal, they steal openly. They brag about it. There is a virus here, like Ebola. It is called corruption. There is no hope, I am sorry to say.”
Across all levels of society, a realization is sinking in that Iraq is now entering a phase that could prove every bit as destabilizing – perhaps even more so – than the war against Islamic State. Jamal al-Bateekh, a senior tribal leader with the ear of the political class, said:
“For 12 years we have gone through the process of opening the budget in the parliament. But we have never closed it. There has never been a reckoning. All that time, they have been dividing the carcass into pieces.”
“This is existential,” said former deputy president Ayad Allawi, whose office was abolished late last year in a cost-saving drive.
Dr Dave says Iraq has one of the biggest per capita public payrolls in the world, roughly 7 million people from a population of just over 21 million, and it is here that Zebari believes much of the systemic corruption is hidden. “Our biggest issue is ghost soldiers,” he said.
“There are maybe $500-$600m in salaries being paid to soldiers who don’t exist. There are so many outlets for this money to go without any accountability.”In such cases, the salaries are instead collected by officers. In other cases, soldiers pay officers half their salaries so they don’t have to show up for duty.
The former chief of staff of Iraq’s army, General Babakir Zebari, who retired last year, conceded that the issue of ghost soldiers had bedevilled the military, along with vastly inflated tenders for weapons. “I warned about this all the time,” he said. “Everybody knew my views.
Dr Dave says( “The tenders are an issue that needed a lot of focus. It is my understanding that a lot of money went missing there.”
Hoshyar Zebari estimates that there as many as 30,000 ghost soldiers in Iraq’s military and that corrupt officers are pocketing their salaries. The impact is even more significant than the bottom line.
The fall of Mosul, Iraq’s second city, in mid-2014 was in part blamed on there being far fewer soldiers in position to defend the city than there were on the books. Generals and other senior officers accused of running the scam have yet to be brought to account.
Britain broke Iraq. We can’t turn our back on its refugees
“They were protected,” said Jabouri. “We only go after the easy targets here. Recently a Christian businessman was jailed for two years for stealing $200,000 to build his house. That is nothing. It doesn’t even register as a crime compared [with] what else is going on.”
Dr Dave says “We have paid out $1bn for war planes that never arrived. In Tikrit there have been budgets paid for courthouses that have never been built. It is the same with road projects all over the country, the port at Umm Qasr near Basra. If I had 50 staff to help me, we could barely scratch the surface.
“The problems here are social as much as everything. You are seen as weak if you don’t steal. Everyone wants to claim power, because they know that nobody else is going to share power with them.”Allawi said he had taken a plan to Abadi to invite forensic auditors to examine Iraq’s books. “I was met by silence and blank stares,” he said. “It was like a bomb went off in the room.”
Dr Dave says Abadi has placed much of his political stock on his reform drive, which he sees as essential to holding the country together. Sistani’s full throated sponsorship has given his moves an impetus that they would not otherwise have had. However, so far he has been unable to slow a plunder that has crippled Iraq’s governance.
“He is a good guy,” said Jabouri. “He is cleaner than all people in the parliament. But he cannot do this. Nobody can.”
And what of the self-declared corrupt anti-corruption chief, Jabour? “I did it because I am daring people to come after me,” he said. “No one will dare to. I have files on them all.”
This story was amended on 20 Feb to clarify that Jabouri is a senior member of the parliamentary committee investigating official corruption. source
poppabear says( does anyone have a link to this IRAQ WILL ENTER GLOBAL MARKETS BY MARCH 1 imf by poppy3
Dr Dave says yes lets give these crooks the keys to enter a global market
poppabear says i did not ask 4 your opinion i asked 4 a link
poppabear says i was looking 4 imf IN BLACK AND WHITE thanks any way
angus says to poppabear may I ask where you seen that at?
poppabear says 2-20-2016 Intel/Newshound Guru Poppy3 ....THE FIRST WEEK OF FEB. IS WHEN THE MEETING TOOK PLACE AND THEY...
THE LEADERSHIP OF IRAQ AND CBI FILED A 28 PAGE REPORT AND THEY SAID TO THE IMF, UN, WB THAT IRAQ WILL ENTER GLOBAL MARKETS BY MARCH 1.
THAT WAS THEIR WORDS NOT MINE...IT WAS THEIR WORDS IN BLACK AND WHITE AND AS OF TODAY NOTHING HAS BEEN SAID DIFFERENT. 1
Kevin says http://www.dinarupdates.com/showthread.php?23012-IMF-Iraq-will-return-to-the-market-mid-2016-10-20
Kevin says Just use google
poppabear says thank you very much
poppabear says found it
rcookie says IF YOU ARE REFERRING TO THE IMF LOI/MEFP/TECH MOU...STATES NO SUCH THING....HAVE YOU READ IT...
rcookie says I POSTED THAT IN OCTOBER 2015
eman4u55 says to rcookie did you read dr dave post on official corruption
“He is a good guy,” said Jabouri. “He is cleaner than all people in the parliament. But he cannot do this. Nobody can.”
eman4u55 says to rcookie wyo
rcookie says THAT IS THE ORIGINAL STATEMENT TO THE SMP (STAFF MONITORED PROGRAM) AND CONTINUED TECHNICAL ASSISTANCE WORKSHOPOS (METAC)...
AWAY FROM THEIR ARTICLE IV CONSULTATION....THIS PANEL HAS BEEN IN IRAQ SINCE LAST YEAR AND HAS BEEN MONITORING AND OVERSEEING ALL ASPECTS OF THEIR FINANCIAL & ECONOMIC ACTIONS AND POLICIES..INCLUDING WRITING AND EXECUTION OF 2016 BUDGET...
AND CONTINUED COMPLIANCE OF IMF LOI/MEFP/TECH MOUS PROGRAM INITIATIVES DATING BACK TO 2010 ORIGINALLY AGREED...SIGNED AND IMPLEMENTED BY SHABIBI AS CBI GOVERNOR.....
rcookie says to eman4u55 MASTERY OF THE OBVIOUS....
sassy says rcookie like we don't know they are all corrupt
sassy says my car goes in tomorrow. The switch which opens my gas tank broke geesh
rcookie says(11:42 AM): THIS COULD BE ONE OF THE FIRST SIGNS OF ACTIONABLE RESULTS AWAY FROM COMPLETING THE 2 STATE BANK RESTRUCTURE & PRIVATIZATION.....ITS IS WHOOPOW WORTHY!!!!!
sassy says rcookie things getting exciting for sure
rcookie says Action: new names of borrowers from the Fund for project support
Economy Since 2016-05-21 at 13:43 (GMT)
Baghdad — the balance of news Announced by the Ministry of labour and Social Affairs, on Sunday, the new names of the borrowers into loans Fund for meals (1-14), to review the branches of the Rafidain Bank to receive the loan amount.
Said Labour Ministry spokesman Ammar Menem in a statement/balance of news copy, the Ministry posted the new names of the borrowers under the lending Fund program that includes support for small income-generating projects, and industrial services, meals, all with website called for a review of specific branches of the Rafidain Bank, according to numbers stated in the instruments website.
Read More :
rcookie saysMenem said that "new meal included 348 borrowers within SME support fund and industrial applicants within the ports Ministry in Baghdad (Mahmudiya, walzafranih, and Resafe/Cress, Dang, torch, walozirih, Abu Ghraib, and the newborn).
And between, "Allo trade identified five branches of the Rafidain (Caliphs, Jerusalem, Kadhimiya, walsnk, and the new Arab neighborhood) for distribution second instalment of loans between declared on the Ministry's website.
He explained that the "maximum per loan between (8-12) million and include job-seekers registered in the database of the Ministry", adding that "the Ministry instructed by simplifying the procedures for granting loans, signed Director and Attorney and the borrower as well as thumbprint borrower within the procedures for ratifying the loan." finished 29/38
Read More : http://www.dinarupdates.com/showthread.php?30427-Action-new-names-of-borrowers-from-the-Fund-for-project-support
eman4u55 says to rcookie well if thats so how can you trust anything you hear or read
eman4u55 says to rcookie i mean if everyone knows about the official corruption
sassy says rcookie I am really excited about the auctions getting lower and lower. I have waited for the day they stop
rcookie says 5 SPECIFIC RAFIDAIN BRANCHES TO START EXECUTING LOANS TO NEW LIST OF BORROWERS THROUGH SME LENDING FUND...348 BORROWERS...AND LOAN SPECIFICS OF 8-12 MILLION...
sassy says well hopefully we will see an rv then yay
sassy says rcookie that is a huge amount
rcookie says to sassy AGREED...THEY WERE UNDER 115 MILLION FOR 3 DAYS STRAIGHT AND NOW SUB 100 MILLION....BIG SMILE....
sassy says rcookie dollars or dinar
sassy says rcookie I have watched auctions everyday for 7 yrs
rcookie says to sassy INCREASING CALLS FROM ALL ANGLES FOR HALTING AUCTIONS....
sassy says rcookie it sure sounds like we should see it stopping soon
sassy says= rcookie are those loans dollars or dinars?
rcookie says IF THOSE SME FUNDING PROGRAMS LAUNCH AND EXECUTE IN THE NEWLY FORMED REORGANIZATION STRUCTURE WITHIN 2 BIG STATE BANKS...LOOK OUT!!!....THE FREIGHT TRAINS COMIN...
rcookie says DINARS...
sassy says rcookie big step for sure
sassy says rcookie thank you sir
willie60 says to rcookie= Reading today's chat log, will the reshuffle of the
willie60 says to rcookie goi and cbi stop most of the corruption?
Woodywoodpecker says it will help for sure
rcookie says to sassy (y)
willie60 says to rcookie Also, what time frame for this restructuring might we expect IYO?
rcookie says to willie60 IMO...IT IS AN IMPORTANT COMPONENT OF NUMEROUS MEASURES NECESSARY TO ADDRESS THE LEVEL OF CORRUPTION BEING DEALT WITH....
THERE WAS A REPORT THE OTHER DAY OF 4,000 CORRUPTION CASES CURRENTLY UNDER REVIEW FROM INTERIOR MINISTRY....
AND CONSIDERING THE HERCULEAN PROGRESS THEY MADE LAST YEAR WITH ENFORCING NEWLY AMENDED LAWS...
AND PROSECUTING THROUGH HIGHLY EFFICIENT FINANCIAL AND ECONOMIC COURTS...STRATEGICALLY DESIGNED TO PROCESS THIS IMMENSE LOAD OF CASES IN AN EFFICIENT AND EXPEDIENT MANNER...
sassy says rcookie isn't that crazy 4000 cases?
rcookie says to willie60 THEY PROCESSED OVER 3,00 LAST YEAR....SLACKERS.....
rcookie says to willie60( 3,000*
sassy says (lol)
rcookie says to willie60 I THINK DUE TO THE OVERWHELMING CALL FOR THESE ACADEMIC & TECHNOCRATIC CHANGES...AWAY FROM QUOTA SYSTEM...
FROM EVERY POSSIBLE CORNER OF THEIR INTERNAL CULTURE...AND STERN INFERENCES FROM US & EU ...IT WILL HAPPEN QUICKLY...
willie60 says to rcookie Thank you for that very thourough? answer.
willie60 says to rcookie my spelling is ****
willie60 says to rcookie and that was not a bad word cr.p
rcookie says to willie60 THEY ARE SHAMING POLITICIANS NOT SUBMITTING THEIR PERSONAL FINANIAL STATEMENTS FOR REVIEW (ANOTHER IMF & WB MANDATE) ...
AS WELL AS MS NOT SHOWING UP FOR VOTES AND PARTICIPATION IN PARLIAMENT BY PUBLISHING NAMES IN PRINT...STIRRING THE PUBLIC AWARENESS AND ANGER....
rcookie says to willie60 MPS*
Read More :http://www.dinarupdates.com/showthread.php?30392-Sunday-February-21-2015&p=145640#post145640