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Wealthwatch SCZIN11 News & Comments 3-15-16
Detection Of Corruption "Big" In The Customs And Taxes
03/14/2016 12:39 Tomorrow Press / Baghdad:
It revealed a member of the economic and investment commission in Parliament, Nora Albjara, the existence of corruption "big" practiced tax and customs officials at border crossing points in Iraq.
She Albjara in a statement for "tomorrow's Press," that "taxes and fees imposed by the government on the staff not only 3% voted on by the House of Representatives, but reached deductions to 7%, which drove out the coercion of employees pockets and forced it."
She added that "most countries in the world when it imposes taxes in return offers service to the citizen, but in Iraq the only country after all the prosperity and wasting billions address the crisis on the employee and the expense of the citizen."
She noted that "the tax imposed by the government on the citizen and the border crossing points, but customs officers engaged in operations of a major corruption and take the money to their own pockets and not go back to the state," she wondered, "Where you go the money that the government has imposed taxes and levies".
She called Albjara, the Ministry of Finance to "monitor border crossings and customs and taxes," asserting that "the government does not control the border crossings and on the tax to the presence of manipulation by staff and checkpoints that are out their pockets and not to the state." LINK
NUMBERS: WOW I LEARNED SOMTHING TODAY.... I ALWAYS THOUGHT THE POOP WENT TO WHERE THE FLIES ARE
Punisher: Ha. Still waiting to see if with TARIFFS comes more PURCHASING POWER!
Numbers: Me too
Punisher: It's common sense. Yet it's still a myth in the dinar community that tariffs spells more purchasing power.
OOTW: AGREED PUNISHER, BUT NOT A MYTH THAT TARIFFS PUSH A NEED FOR A COUNTRY TO BUILD THEIR PRIVATE SECTOR Smile
WHEN I READ THIS ARTICLE I THOUGHT...GEESH, AND YOU'RE SURPRISED..WTH CAN'T YOU PEOPLE GET IT TOGETHER...
YASSIRI, THE HEAD OF INTEGRITY HAS TO COME OUT AND TRY TO BULLY THE JUDICIARY IN PUBLIC TO TRY TO GET THEM TO PROSECUTE - IF THE JUDICIARY WON'T,....THEN WHAT?
SCZIN11: IMHO....... IF THEY DO NOT INCREASE PURCHASING POWER BY VIRTUE OF AN INCREASE IN THE VALUE OF THE IQD IN EXCHANGE FOR FOREIGN CURRENCIES,
CORRUPTION WILL SPREAD BEYOND THE BOUNDARIES OF TODAY...
MEANING, THE CITIZENS WHO ARE THE WORK FORCE WILL JUMP ON THE BANDWAGGON OF THE CORRUPT GOVERNMENT OFFICIALS AND DIGNITARIES, IN ORDER TO FEED THEIR FAMILIES...
THEY CAN NOT HAVE IT BOTH WAYS AND EXPECT A CIVILIZED, UNIFIED, SOVEREIGN, NATION! AGAIN, JMHO...
Punisher: Sczin, that would spell doom and epic fail on the part of the GOI and Abadi himself that he would let it get to that state.
And I agree OOTW. Many believe activating the PRIVATE SECTOR means going INTERNATIONAL...meaning a higher valued dinar. We wait to see....hopefully soon
OOTW: SCZIN11 - WITH MUCH RESPECT I PRESENT THIS QUESTION TO YOU....
IF THERE'S STILL TONS OF CORRUPTION MONIES SITTING ALL OVER THE PLANET IN BANKS - HIDDEN FROM THE GOI - AND THAT FACTOR COMBINED WITH THE FACT THAT ISIS IS STILL CONTROLLING SOME BANKS (ALTHOUGH REPORTS STATE THAT SITUATION IS ABOUT TO BE ADDRESSED) –
WHY WOULD A COUNTRY (NOW) SIGNIFICANTLY INCREASE THE VALUE OF THEIR CURRENCY???...
I JUST THINK, AT THE VERY LEAST, THEY HAVE TO STOP THE WIDESPREAD CORRUPTION, PROSECUTE THE GUILTY - AND RECOVER THESE FUNDS..
I JUST CAN'T SEE WHY THE GOI WOULD WANT TO ASCRIBE A NOTICEABLE INCREASE IN VALUE TO MAKE THESE THUGS RICHER AT THIS POINT.
Punisher: OOTW I'm not as wise as Sczin but I can try....I don't think there will ever be a "perfect " time per say to add value. All the corruption is about to be addressed or is being addressed as we speak.
I remember many months ago some of the citizens holding up signs that read WHERE IS OUR MONEY. The people see a corrupt GOI and in reality if they had to wait for things to be "PERFECT " they would probably be waiting another 2 or 3 years (us investors/ war profiteers too).
I think the CBI is just about ready and we know from reports that the RADIDAIN and the RASHEED are 90% restructured....that is great news!!!! I think the CBI ,who have final say, is further along than they let on
OOTW: All great points Punisher. We shall see.....eventually....uhhhh..maybe..lol
Punisher: ..OOTW, maybe means there is always a chance
Tourman: Even with the IMF breathing down their neck to get the economic reforms started/completed the odds of the outcome we wish has and shall always be in jepardy. Yes, there have been tremendous progress, BUT, not without peril. A revolution is staring this country in the face.
Abadi must prevail in the NEAR future or all hell WILL break loose. Kiss that potential change in value goodbye for the foreseeable future.
Punisher: Tourman, Abadi has less than 45 days....Sadr and Sistani are watching...
SCZIN11: EVERYONE ABOVE HAS MADE GREAT POINTS... AND PUNISHER, YOU ARE WAY SMARTER THAN YOU WANT US TO BELIEVE Smile
OOTW.... YOUR QUESTION IS ONE WE HAVE SCRATCHED OUR HEADS ABOUT FOR AS LONG AS WE HAVE BEEN WATCHING THIS PHENOM...
HOW WILL THE CBI, OR UST, OR WHOMEVER, HAVE ENOUGH FUNDS TO CONSUMATE ALL THE EXCHANGES " IF AND WHEN " THE VALUE INCREASES???
I TRULY BELIEVE THE GUIDANCE AND LEADERSHIP OF THE IMF, WB, AND UN, PLAYS A HUGE PART IN GETTING THIS DONE...
THERE MUST BE TRACEABLE EVIDENCE OF WHERE THOSE "THUG FUNDS" ARE FOR THE MOST PART...
I BELIEVE THEY WILL BE WATCHED, TRACKED, AND CONFISCATED IF ATTEMPTED TO BE EXCHANGED..
AS WITH ALL BUSINESS, THERE WILL BE LOSS...SOME WILL GET THROUGH THE CRACKS..THERE WILL BE A FACTOR OF ERROR... JUST AS WITH THE NOTE COUNTS...
THE CBI HAS A GOOD IDEA OF WHAT IS OUT THERE...BUT IS IT EXACT? NO WAY POSSIBLE...SAME HERE IN THE GOOD OL U.S.A.....
AT SOME POINT, HOPEFULLY IN OUR LIFETIME, IRAQI DINARS MUST BE VALUED TO SOME DEGREE, ON THEIR WEALTH...
THE VALUE OF THE LAND IN THAT NATION HAS GOT TO BE WORTH SOMETHING, OR ONE MIGHT ASK THE SILLY QUESTION, AS TO WHY SO MANY LIVES HAVE BEEN LOST, CONTINUE TO BE IN HARMS WAY, AND WILL BE BATTLED FOR, BY A COALITION OF NATIONS AROUND THE GLOBE?
AS I HAVE STATED MANY TIMES BEFORE.... FOLLOW THE MONEY!! JMHO