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The Real Reason Why UST Is in Iraq.


Luigi1
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Here's an article of Dinarian interests...

Why is UST in Iraq?

Here's your answer...

UST imposes new measures against Iraqi banks due to corruption.

MarkZ, F26 & other Gurus are misleading the people.

They claim UST is there to RV...this is not so.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

 

Tlm724 Administrator Bondlady’s Corner:   America Threatens New Punitive Measures Against Banks In Iraq Iraq.

ARTICLE:  A senior US Treasury official said on Thursday that the CBI must address the ongoing risks resulting from the misuse of the Dollar in Iraqi commercial banks in order to avoid imposing new punitive measures targeting the financial sector in the country, pointing to acts of fraud & laundering.  Money & Iran evading sanctions.  In July, the US prevented 14 Iraqi banks from conducting transactions in Dollars as part of a broader campaign against the illegal use of the American currency.  The official told Reuters that there are still other Iraqi banks operating with risks that “must be addressed” despite the campaign.

 

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