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DinarDavo

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Posts posted by DinarDavo

  1. 3 hours ago, currenzcraze said:

     

    Iraq's Federal Board of Supreme Audit exposes US$600 million corruption scandal involving 'ghost travellers'
    Over 151,000 Iraqi citizens acquired US currency at the official rate for travel but never left the country, the investigation revealed. 
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    24 April, 2024
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    The investigation, meticulously conducted by Iraq's Federal Board of Supreme Audit, scrutinised cash sales by the Central Bank of Iraq of the dollar currency from 1 February to 8 July, 2023. [Getty]

    Explosive documents obtained from Iraq's Federal Board of Supreme Audit have laid bare a staggering corruption scheme involving the illicitacquisition of US currency by over 151,000 citizens.

    Shockingly, these individuals obtained dollars at the official state rate for travel purposes but never left the country, hence locally called 'ghost travellers'. The corruption involved a network that spans Iraq's Central Bank employees, private banks, currency exchange entities, and tourism companies.

    As investigations unfold, the scope of complicity among key players in Iraq's financial landscape becomes increasingly apparent, raising urgent calls for accountability and comprehensive reforms to safeguard the nation's economic integrity.

    According to exclusive documents published by  Al-Alam Al-Jadeed ("The New World"), an Iraqi outlet, the total amount involved in this fraudulent operation exceeds $600 million. While ostensibly intended for travel expenditures, these funds were diverted to the parallel market, exploiting the price differential between the official and black market rates.

    The investigation, meticulously conducted by Iraq's Federal Board of Supreme Audit, scrutinised cash sales by the Central Bank of Iraq of the dollar currency from 1 February to 8 July 2023, and also revealed discrepancies in the number of travellers recorded via the electronic platform compared to those who crossed border outlets. This glaring disparity, amounting to 151,940 travellers, indicates systematic system abuse.

    Further analysis uncovered that the total expenditure surged by approximately US$607.76 million, indicative of the sale of dollars at the official rate to customers who never embarked on their purported travels. Instead, unscrupulous individuals capitalised on the price differential in the parallel market, reaping substantial profits at the expense of public funds.

    Moreover, a damning document from the Integrity Commission, obtained by the outlet, sheds light on another corruption scandal involving the Central Bank of Iraq (CBI). The document reveals how private bank owners exploited large loans intended for investment projects to purchase dollars from the currency auctions run by the Central Bank of Iraq, diverting funds from their intended purpose.

    The New Arab contacted CBI for comment but did not receive a response by the publication of this report. 

    This revelation comes amidst growing concerns over rampant corruption within Iraqi financial institutions, underscoring the urgent need for comprehensive reforms to restore transparency and accountability. As authorities delve deeper into these scandals, the Iraqi public demands swift and decisive action to hold perpetrators accountable and safeguard the nation's economic integrity. 

    Iraq's Prime Minister Mohammed Shia Al-Sudani, during a recent rare visit to the United States, met with President Joe Biden and officials from the US treasury. The US officials stressed that Iraq should take further measures to prevent US dollar smuggling to Iran and Syria. 

    Energy
    The New Arab Staff

    Both sides have agreed that Iraq should halt the dollar auction by the end of this year. 

    The World Bank characterises Iraq's economy as one of the world's most oil-dependent. It relies heavily on imports to meet its diverse needs. In this import-driven economy, traders play a pivotal role in conducting transactions that necessitate using the US dollar.

    In July of last year, the United States banned transactions with 14 Iraqi banks, citing alleged violations of its regulations aimed at halting dollar smuggling to Iran. 

    During Sudani's visit, Iraq formed a committee with the US Treasury and the Federal Reserve to address violations by commercial banks previously sanctioned by the US.

     

    Here's an idea......make your national currency more valuable than the USD.    :peace:

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  2. 1 hour ago, Artitech said:

    I will never compromise on the murder of Babies! I will never compromise stealing my hard earned money and giving it to illegal aliens!President Trump has not committed any crimes! Just what did he bring on himself??? Your DemoRat president stole top secret documents and kept them at his compound clearly all felonies! Old woman Clinton stole top secret information and kept it on an unsecured server in her bathroom plus she paid campaign funds to her lawyer to start the Russian hoax! That is also a felony. obama did the same thing but the DemoRat judge let him off the hook!! Crooked joe and his dope head son didn’t pay taxes on all the money they embezzled out Ukraine And China! No I will not compromise the tax cheat Biden family criminal enterprises! The Clintons and Obama’s need to be investigated fully for their corruption in dealing with their taxes. Yes I do have a different view with these communist Marxist DemoRats, they are criminals and I don’t associate with felons. In fact I like to put them on chain and haul their A$$ to a federal prison! I don’t read or get my information from the internet either because it is nothing but propaganda put out by the DemoRats and their co conspirators. I will suggest to you since you obviously a supporter of the DemoRats , if you are invested in the IQD , when it does RV/RI, you take your money and give it to these millions of illegal aliens that crooked joe has allowed to invade our country! I’m sure you want give your money, but you are in favor of giving them mine!!! Case closed!

     

    All true, but many do not have ears to hear.....

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  3. 8 hours ago, pokerplayer said:
    Fullscreen button

    Not trying to downplay those that do.

     

       pp

     

    Why do people believe in conspiracy theories? Here’s what the science says

     
    (Photo credit: OpenAI's DALL·E)

    In a landmark study, researchers have mapped the psychological landscape that shapes our susceptibility to conspiracy theories. Analyzing data from 170 studies, they’ve found that beliefs in conspiracy theories are not only influenced by personality traits but also by deeper motivational needs, such as the desire for certainty or feeling misunderstood by society. The findings have been published in the scientific journal Psychological Bulletin.

     
     
     

    Conspiracy theories are a fascinating and complex facet of human culture, often defined as beliefs or explanations that attribute the cause of significant events or situations to secret, malevolent plots orchestrated by powerful and covert groups. Conspiracy theories usually thrive on the lack of definitive evidence, relying instead on suggestive, ambiguous, or circumstantial details.

    They often emerge in response to significant, sometimes traumatic societal events, offering alternative explanations that challenge official accounts or mainstream understanding. While some conspiracy theories might occasionally turn out to have a basis in reality, most are widely considered implausible and unsupported by empirical evidence, yet they continue to capture the imagination and belief of certain segments of the population.

    In the digital age, where information – and misinformation – spreads rapidly, understanding the psychology behind these beliefs has become more crucial than ever. Previous studies have explored various aspects of this phenomenon, looking at how personality traits, motivational factors, and social influences contribute to the belief in conspiracy theories.

     

    The latest scientific studies have determined that the time between a conspiracy theory and reality is approximately 3 days....

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  4. 23 minutes ago, Luigi1 said:

    Then the forces of evil returned to appear in the guise of the mythical ISIS & the Iraqis pulled together their ranks once again.” They showed a commitment to the land & life that was rarely matched.”

     

    They also formed their first national track team and performed the quickest retreat in current history!   :facepalm1:

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  5. 4 minutes ago, NWGUY said:

    In all fairness, the investment is a good one, but like you said, it was pushed hard as a get rich scheme.   I am hoping after all these years, something good is going to come out of it!  :jester:

     

    A friend contacted me in 2010 and advised me to check it out....and, better get in before this weekend cause it could go any day now. 

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  6. 1 hour ago, MyLadiesDaddy said:

    I'm smack dab in the middle of Kansas. 1500 plus miles to Los Angeles and 1500 plus miles to New York.  And hundreds of miles from anywhere those eclipses cross each other. 

    Don't know if that really means anything but I do hope we're neighbors. 

     

     

    We are located in southwest Missouri.... my last choice (at the time) but have learned to appreciate it and see God's hand moving in our lives. When commercial construction dried up in central Fla. in 2009 it was the only door that was open....now we love it (the first winter was a little rude...LOL)

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  7. 38 minutes ago, MyLadiesDaddy said:

    By the way, around 10 years ago the Lord told me to never leave my current home. In fact, God has directed my path to live in the center of America. When I'd much rather be in Florida with @Caye98. Wait, OMG, look at that I'm smack in the middle. Where nothing is happening. I love following the Holy Spirit. 😇

     

    The Lord led us from Fla to the middle of no where....we may be neighbors LOL.

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  8. 39 minutes ago, Markinsa said:

     

    I wonder how they are going to get that Heifer up that smooth ramp (looks like glassy finish on it)? Or will it be going up that way?  

     

    And are they expecting that Heifer to cooperate? Seen many a cow fight not to go into a chute. :lol:

     

    .

     

    @Markinsa.....if you do Facebook, here is the latest on red heifer project by the rabbi in charge:

     

    https://www.facebook.com/watch/?v=1475119530030745

     

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  9. 2 hours ago, ronscarpa said:

     

    Judy Byington  ...RV rates have been agreed upon with a goal for the RV to happen by Fri. 1 March.   It was now my personal opinion that Tier4b (Us, the Internet Group) would receive notification for our redemption and exchange appointments around Thurs. 29 Feb. or Fri. 1 March...:drunk:

     

     

    Not sure what tier I will be in but pretty sure it will be the "nose bleed section"......  :confused2:

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  10. 20 minutes ago, bigwave said:

    Hunter Biden’s Lawyers Lash Out at Special Counsel, Claim Photos on iPhone Are Sawdust, Not Crack Cocaine

    image.png.e4ed206e7982b55ff713ab772183204a.png

    An attorney for Hunter Biden is disputing a picture included in a Special Counsel Filing last week, saying it is not cocaine, as was previously described, but sawdust.

     

    Hunter Biden’s lawyer said one of the photos was taken in the office of his then-psychiatrist, Dr. Keith Ablow. Ablow had received the picture, Biden’s lawyer said, from a “master carpenter” who was a “coke addict.”

    https://www.thegatewaypundit.com/2024/02/hunter-bidens-lawyers-lash-special-counsel-claim-photos/

     

    There is a simple test for that....if its coke it will make you want to go build a bookcase.

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  11. 3 hours ago, Luigi1 said:

    I'm watching & waiting, daily for the mailman to bring me an Ed McMann $20 million Dollar PCH Sweepstakes winnings ticket.

     

    Never give up, never give in...... The way things are going, tele-transportation between parallel universes will be common place SOON, probably about the same time as the Iraqi  currency reset.     :bananacamel:

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  12. 1 hour ago, Longtimelurker said:

    They unanimously agreed to remove Iraq from chapter vii but do we have any article saying chapter vii was officially removed? It is possible that the corrupt offered money to keep ch vii in place so they could continue stealing from the Iraqis for another 10 years.. definitely confusing.

     

    Good point.....it's all looking like nothing more than window dressing....enacting seems to be a big problem all the way around. I don't trust the UN any more than I go the GOI. 

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