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Report .. Daesh Got $ 800 Million From The Vaults Of The Central Bank !


yota691
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Economy News _ Baghdad

The Central Bank announced on Tuesday that the organization "Da'ash" has seized 856 billion dinars and about 101 million dollars, pointing to taking precautionary measures to protect the banking and financial sector during the period of control of the organization. 

 

The bank said in a statement received "The Economist News" a copy of it, "The Iraqi banking system was exposed after the events of 10 June 2014, to a major setback because of the control of gangs calling on the three provinces of Nineveh, Anbar and Salahuddin, in addition to important parts of Diyala "Noting that" the call for control of nearly 121 branches of government and private banks, including the branch of the Central Bank of Iraq. " 

 

He added that " 

 

The estimates in the light of the latest financial situation of the branches of the banks controlled by the dues that the total amounts were estimated at the amount of 856 billion dinars, in addition to about 101 million dollars, and most of these deposits belong to the government departments and provincial projects within the budget in 2014, the assets of the ministries of Defense and Interior, and assets belonging to the construction of minority Christians, Yazidis, Shabak, Turkmen and all Muslim sects and schools of other, in addition to the assets of some small local companies whose owners left these cities because of the events of the war and occupation Aldaasha to their areas. " He said the Nick said " 

 

The pressure has worsened on the banking system after the acquisition of the Kurdistan Regional Government deposits in the branches of the Central Bank belonging to the Ministry of Finance of the region, which is estimated at 5 trillion dinars, which returns about 50% to the Iraqi Trade Bank, and the other half to more than 80 branches belonging to private banks, To the foreign banks operating in Iraq, " He pointed out that" the organization has taken large sums of money since the imposition of control over large areas of Nineveh in June 2014, as the income of the organization of two billion dollars a year, making it one of the richest organizations at the time, "explaining that "Cheerleader became rich through the sale of oil which he Get it from Iraq and Syria, while it was not disclosed who is buying the oil, which he steals and urging him to flee to various countries " 

 

The bank said that" 

 

The daily proceeds of the organization of an advocate of illegal sale of oil of about two million dollars for the sale of 30 thousand barrels per day, where the price of a barrel of black gold in the organization between 25 - 50 dollars before the decline in oil prices in the past. " Precautionary measures to protect the banking and financial sector during the period of control over banks and companies, including the suspension of activity branches of banks and financial companies non-bank located in the provinces of Mosul, Salah al-Din and Diyala, Anbar and prevent the transfer or supply in foreign currency through the window and stop the participation of branches of banks and Non-bank financial institutions in the electronic clearing system and the payment system in general and located in these provinces, in addition to other measures taken by the bank. "

 

 

Views 25   Date Added 08/08/2017

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  • yota691 changed the title to "Da'ash" seized 856 billion dinars from Iraqi banks

"Da'ash" seized 856 billion dinars from Iraqi banks

"Da'ash" seized 856 billion dinars from Iraqi banks
He called for the control of about 121 branches of government and private banks
 
 08 Aug 2017 01:39 PM

The Central Bank of Iraq announced on Tuesday the seizure of 856 billion dinars ($ 101 million) from Iraqi banks.

The Central Bank said in a statement on its website, that "Daash" dominated the 121 branches of government and private banks, including the branch of the Central.

He pointed out that the total amounts that were branches of banks controlled by the organization estimated at 856 billion dinars.

The central Iraqi, in his statement, that most of these deposits belong to the government departments and related to provincial projects within the budget in 2014.

 He explained that these deposits include the balances of the Ministries of Defense and Interior, and some small local companies.

And the central, that he took precautionary measures to protect the banking and financial sector during the period of control over banks and companies.

He pointed out that the activity of branches of banks and non-bank financial companies in the governorates of Mosul, Salah al-Din and Diyala, Anbar has been suspended and the transfer or supply of foreign currency through the window is prohibited.

He added in his statement, has also been suspended the participation of branches of banks and financial companies non-bank in the system of electronic clearing and payment system in general and located in these provinces.

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19 minutes ago, TOMINVEGAS said:

The corrupt GOI isn't our only problem....  Isis has huge amounts of dinar....

It great to see the CBI is aware of this and recognize it by giving a total amount of dinar. Pretty impressive under the situation...and GM DV

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08-08-2017 11:11 AM
image.php?token=4b1b7da774ccd7bd9b8f871e8ae728e0&size=
 


 

 

The Central Bank announced on Tuesday that the organization 'Daash' has seized 856 billion dinars and about 101 million dollars, pointing to take precautionary measures to protect the banking and financial sector during the period of control of the organization. 

The bank said in a statement that 'the Iraqi banking system was exposed after the events of June 15, 2014, to a major setback because of the control of gangs calling on three provinces are Nineveh, Anbar and Salahuddin, in addition to important parts of the province of Diyala,' noting that ' To about 121 branches of government and private banks, including the branch of the Central Bank of Iraq '. 

He added that ' The estimates in the light of the latest financial situation of the branches of the banks controlled by the dues that the total amounts were estimated at the amount of 856 billion dinars, in addition to about 101 million dollars, and most of these deposits belong to the government departments and provincial projects within the budget in 2014, The assets of the ministries of defense and interior, and the assets of the construction of minority Christians, Yazidis, Shabak, Turkomans and all other sects and sects of Islam, in addition to the assets of some small local companies whose owners left these cities because of the war and the occupation of Da'ashi. 

The bank said that ' The pressure has worsened on the banking system after the acquisition of the Kurdistan Regional Government deposits in the branches of the Central Bank belonging to the Ministry of Finance of the region, which is estimated at 5 trillion dinars, which returns about 50% to the Iraqi Trade Bank, and the other half to more than 80 branches belonging to private banks, To foreign banks operating in Iraq '. 

He pointed out that the organization 's money has been huge since the imposition of control over large areas of Nineveh in June 2014, as the income of the organization of two billion dollars a year, making it one of the richest organizations at the time', adding that 'Daash became rich through the sale The oil obtained from Iraq and Syria, while not be disclosed who buys the oil that he steals and urges and smuggles to various countries. 

The bank said that ' The daily proceeds of the organization is urging the sale of illegal oil of about two million dollars for the sale of 30 thousand barrels per day, where the price of a barrel of black gold in the organization between 25 - 50 dollars before the decline in oil prices in the past. 

The bank said it had taken precautionary measures to protect the banking and financial sector during a period of tight control over branches of banks and companies, including stopping branches of banks and non-banking financial companies located in the governorates of Mosul, Salah al-Din and Diyala, Anbar and preventing their transfer or supply in foreign currency through the window and stop subscription Branches of banks and non-bank financial companies in the system of electronic clearing and payment system in general and located in these provinces, in addition to other measures taken by the bank '.

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This article is NOT saying that this money was taken from the banks just before being liberated!  The $101 million and the 856 billion dinars (equivalent to another $72.3 MILLION) is the amount that was seized by Daesh when they took over the territory in Anbar, Nineveh, etc. back in 2014.  Surely, that $856 billion in IQDs has long been spent  over the last three years (and back in the CBI's treasury) in ISIS' hopeless attempt at a land grab from Iraq.  But just to be sure, the GOI is cleaning out the remaining strongholds of Daesh in Tal Afar, Hawija, and out along the border with Syria.  In those areas, Daesh scumbags will either die (and lose whatever IQD they have) or escape (and have to convert those IQD into some other currency).  

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3 minutes ago, Rabbi said:

This article is NOT saying that this money was taken from the banks just before being liberated!  The $101 million and the 856 billion dinars (equivalent to another $72.3 MILLION) is the amount that was seized by Daesh when they took over the territory in Anbar, Nineveh, etc. back in 2014.  Surely, that $856 billion in IQDs has long been spent  over the last three years (and back in the CBI's treasury) in ISIS' hopeless attempt at a land grab from Iraq.  But just to be sure, the GOI is cleaning out the remaining strongholds of Daesh in Tal Afar, Hawija, and out along the border with Syria.  In those areas, Daesh scumbags will either die (and lose whatever IQD they have) or escape (and have to convert those IQD into some other currency).  

 

I sure hope you are right... Because that's a lot of cabbage for them to further their evil ways.

 

B/A

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thanks yota .. imo iraq will have to cut its losses and move on ,there will have to be a point in time when that has to occur , what's left iraq (iqd) is gone i'd bet a large % has already been washed / exchanged thru the banks / auctions or other means the same way iran was getting usd for iqd thru the auctions but who knows where the iqd ended up ,  get a solid handle on security and then move their country forward or it'll always be a floundering free for all mess, like every country iraq will never have a perfect utopia time just wont happen,, heres hoping ,cheers  

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  • yota691 changed the title to The Central Bank of Iraq reveals the amount of money that looted "urged" from banks

The Central Bank of Iraq reveals the amount of money that looted "urged" from banks

Published: 08.08.2017 | 13:51 GMT |

The Central Bank of Iraq reveals the amount of money that looted
Reuters Stringer
Archive - The city of Mosul in 2016 before its liberation from the organization of a terrorist preacher
 
 

The Central Bank of Iraq in a report published on its website on Monday about the volume of funds, seized by the organization calling the terrorist from private banks and government in areas of control.

The Iraqi Central said in a report entitled "a documentary report on the branches of the banks controlled by the author" said that the terrorist organization took control of the 121 branches of government and private banks in the provinces of Nineveh, Kirkuk, Saladin and Anbar.

The Central Iraqi estimates that the total amounts seized by the terrorist organization estimated at 856 billion dinars, and about 101 million dollars, adding that most of these deposits belong to the government departments and related to provincial projects within the budget in 2014.    

The central bank in its report, which looted and the amount of funds seized from each branch.

5989bdda95a59775198b4567.png
Central Bank of Iraq

In the 12-page report, the Iraqi Central said that the organization has taken large sums of money since the imposition of control over large areas in mid-2014, estimated to enter the Organization of the Islamic State by about two billion dollars a year from the sale of 30 thousand barrels per day of oil at prices ranging between 25 and 50 dollars per barrel the one.

Over the past years, Iraqi forces have been liberating the territory from the control of the terrorist organization.

On July 7, Iraqi Prime Minister Haider al-Abadi declared the liberation of the city of Mosul entirely from the grip of the "Daash" organization.

Source: Agencies  

Fred Geerley

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Another excuse ,buying themselves more time to dance around the floor, one more time,the bad guys took it!!!!!!!!!!!!! really ??? the bad guys, blaming the bad guys, around and around, only until we get our share, than we will do something ,it makes one wonder how a country like Iraq can even exist ,????????????????? . Next thing we will hear how they need more money to cover there losses .

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For some time I have tried to figure out what they are up to ?????Please don't tell me they are wise in there finances and smart business men, we are way past that ,the whole of Europe was up in runing after they got the hell bomb of them, some places the towns were maybe two foot high if that, and they  rebuilt in less than 5years what the hell are these eight balls up to??????????????????????suckn money out of the liberals pockets thats all I can see.

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Procedures for the rehabilitation of banks in liberated areas

   
 

 
 

09/8/2017 12:00 am 
 
 BAGHDAD / Al-Sabah  
 : The Central Bank of Iraq has taken measures by its departments to rehabilitate and open branches of banks in areas liberated from the control of «Daash», while he confirmed that the organization «Daash» took 856 billion dinars and about 101 million dollars after the events of June 2014   
. The bank has published a report on its website: «The Banking Department has prepared a list of branches of banks previously located in areas of conflict with Daash, and the work of branches in each province, classified by banks and according to its symbolic figures, for the purpose of establishing the appropriate mechanism for the reconstruction and direct work to serve Customers in the light of the book department ». 
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Central Bank: Procedures for the rehabilitation of banks in liberated areas

   
 

 
 

09/8/2017 12:00 am 
 
He confirmed that {Daesh} seized more than two trillion dinars 
 Baghdad / morning  , the 
 Central Bank of Iraq announced taken measures by the Central Bank 's departments for the rehabilitation and the opening of branches of banks in the liberated areas of control "Daesh", while stressing the organization "Daesh" seized 856 billion dinars and nearly $ 101 million after the events of June 2014. the 
 bank said in a report posted on its website: " the banking Department has prepared revealed the branches of banks previously located in the areas of conflict with Daesh, and workplace branches in each province, classified by the bank and in accordance with For its own symbolic figures, for the purpose of establishing the appropriate mechanism for its reconstruction And direct its work to serve its customers in light of the book of the Department. " 
In addition, the Banking Supervision Department directed its letter to the financial transfer companies and exchange companies and to implement the directives of the General Secretariat of the Council of Ministers to address the issue of disbursing deposits to their customers and salaries of their branches and employees working in institutions located in hot spots through their branches located in the most secure areas and according to the mechanism prepared for this purpose.  
 He pointed out that "the banking department to prepare uncles of the banks located in the city of Ramadi to practice its work and inform the Department of the history of its inception and the Ministry of Finance to inquire from government banks about the possibility of achieving this book, The Ministry of Interior agreed to provide protection for these branches and their employees, except for the branches located in the towns of Ana, Rawa and Qaim. As for the districts (Fallujah, Hit,  The rehabilitation of its buildings has not been completed. As for the governorates of Diyala and Salah al-Din, the liberated areas of the terrorist organization are safe and stable. The branches of the banks have been opened in Diyala. 
The bank pointed out that "the Iraqi banking system was exposed after the events of June 15, 2014, to a major setback because of the control of gangs calling on three provinces are Nineveh, Anbar and Salahuddin, in addition to important parts of the province of Diyala," noting that " 121 branches of government and private banks, including the branch of the Central Bank of Iraq. 
He added that " The pressure has worsened on the banking system after the acquisition of the Kurdistan Regional Government on deposits in the branches of the Central Bank affiliated to the Ministry of Finance of the region, which is estimated at 5 trillion dinars, about 50 percent to the Iraqi Trade Bank, and the other half to more than 80 branches of private banks, including branches To the foreign banks operating in Iraq " The bank noted that" the organization has taken large sums of money since the imposition of control over large areas of Nineveh in June 2014, as the income of the organization of two billion dollars a year, making it one of the richest organizations at the time, "explaining that "Dumpster has become rich through the sale of oil Which is obtained from Iraq and Syria, while it was not disclosed who buys the oil that he steals and urging him to flee to various countries " The bank said that" the daily proceeds of the organization, "urging" Of the illegal sale of oil is about two million dollars for the sale of 30 thousand barrels per day, the price of a barrel of black gold in the organization between 25 - 50 US dollars before the drop in oil prices in the past period . "He said the bank" took precautionary measures to protect the sector Bank and financial during the period of control urges the branches of banks and companies, including stopping the activity of branches of banks and financial companies non-bank located in the provinces of Mosul, Salah al-Din and Diyala, Anbar and prevent the transfer or supply in foreign currency through the window and stop the participation of branches of banks and financial companies non-bank in N The electronic clearing system and the payment system in general and located in these provinces, in addition to other measures taken by the bank. "
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CNN. Broadcasting While Breaking The Vault !

 

 

 

(by don961)

 
2017/8/10 11:50:54 AM 

While organizing Daesh in Iraq and specifically North its territories appeared, insurgents dominated the major banks in cities, it has received $ 800 million from Iraqi facilities and bank reserves, according to the Central Bank of Iraq. 

 

In a new report, the central bank says that the militants Daesh got $ 101 million from banks in territories under the control of the militants Daesh, and received since July 2014 to $ 830 million. 

 

 Despite the large number and bulkiness, but analysts believe that the Daesh terrorist group, trillions stolen from the Iraqi dinar, so the bank Antrzih when he said the figure was more than expected. 

 

Qusay Mohiuddin, an analyst at the company, "the Euphrates investments," says an Iraq that the investment company "$ 800 billion Iraqi dinars helped to pay salaries and make everyone happy at the beginning, and I insurgents do much to confiscate property and export of oil and trafficking in human beings and companies smuggling." 

 

And it became the terrorist group, the richest extremist groups in history, through its control over the geographical spot that allowed them to collect money from a variety of sources, such as oil smuggling and looting taxes as well as the confiscation of property. 

 

It is believed that foreign trade and technical works donations and hostage-taking, in less income sources for the organization Daesh. Although the French official spoke to The Wall Street Journal last week, the funds of the terrorist group estimates were earning $ 100 million per year. 

 

Iraqi Central Bank says that Daesh and after the invasion of Mosul last July, seized 100 private banking branch in all parts of the country, says Muhyiddin said more than half of the amount which 830 million were taken over from the basement of the Iraqi Bank of Commerce in Mosul, an institution used by Baghdad trade and finance. 

 

The international coalition obstacle in the flow of the proceeds of the terrorist group, and this was the cause of the deterioration of the conditions of the group in Iraq. The targeted international coalition escort bank says Daesh was used. 

 

In January 2016, the international coalition destroyed two facilities for cash prizes Daesh, American officials said that the militants Daesh taking this money from oil, looting and extortion. 

 

The group is still suffering from defeats in Iraq and Syria desert, where he lost Mosul, and half of the city of tenderness in a pitched battle against a coalition ground Kurdish Arabic backed by the United States. 

 

 

The terrorist group has adopted (Daesh) largely in control of the land, natural resources, but with the continued loss of land, they lose people under their control. 

 

It is estimated that the organization of Daesh revenues fell from $ 1.9 billion in 2014 to less than half in 2016 up to a maximum of $ 870 million. In 2017, the terrorist group continued Daesh hemorrhage while revenue lost 80% of its revenue, according to the company Aahs Markit consultancy based in London-based. 

 

 

In mid-2015, the group was an average income of $ 81 million a month, but by the year 2017 was $ 16 million. And it decreased revenues from oil and gas illicit trade by 88 per cent, as well as lower cash flows and taxes. 

 

 It is still difficult to say with certainty how much of the resources spent the terrorist group, it is clear that the reserves dropped significantly, which puts them in a position more difficult than it was in the past. 


 

Source: News Week

Translation and News

 

http://oneiraqnews.com/index.p.....Y_Nj1Hfp1t

 

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