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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    In Front Of The Eyes Of The Sudanese.” Accusations Of Companies That Monopolize Electronic Payment C

    rocky
    rocky
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    companies - In Front Of The Eyes Of The Sudanese.” Accusations Of Companies That Monopolize Electronic Payment C Empty In Front Of The Eyes Of The Sudanese.” Accusations Of Companies That Monopolize Electronic Payment C

    Post by rocky Fri 03 Mar 2023, 2:31 pm

    In Front Of The Eyes Of The Sudanese.” Accusations Of Companies That Monopolize Electronic Payment Companies
    03/03/2023
    1426


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    Earth News / Writer and journalist Mazen Al-Zaidi spoke on Friday about the existence of two companies that monopolize electronic payment companies, while he directed a request to the Prime Minister in this regard.
    Al-Zaidi indicated in a post, followed by Earth News, that these “companies monopolistically control government banks, and refuse to hand over the database,” asking: “How can a bank accept to work with a company without possessing its customers’ data?”
    Here is the text of the post:
    In front of the Honorable Prime Minister:
    The Prime Minister issued two directives regarding electronic payment companies:
    1- Reviewing contracts.
    2- Returning deductions taken from citizens.
    It is clear that the Prime Minister is aware of the extent of corruption and large irregularities in electronic payment companies.
    Folding thread to shed light on the reality of these companies:
    There are two companies that monopolize the electronic payment sector:
    Iraq Gate Company, owned by Muhammad Al-Jarjafji, and Qi Card owned by Bahaa Abdul-Hussein.
    The two companies monopolistically control government banks.
    The Qi Card company of its owner, Bahaa Abdul Hussein, refuses to hand over the database, and the President mentioned this in several relevant meetings until the judiciary requested it. It means that the company is defying the government!
    How does a bank accept to work with a company without owning the data of its customers? In the sense that the bank does not know who gave a loan and how much is the loan?
    The aforementioned company, in agreement with the management of Al-Rafidian Bank, controls Qi Card’s share of the 6 million salary cards, and imposes high commissions that break the citizen’s back, as is known to all Iraqis.
    The second company is: Iraq Gate, owned by Muhammad Al-Jarjafji, owner of Nakheel cards.
    Al-Jarjafji has acquired 3 government banks: Al-Zarea, Al-Nahrain, and Al-Rashid, and his eyes are now on the Iraqi Trade Bank.
    Al-Jarjafji prevents the entry of any competitor to these banks, to be alone in the profits of the high deductions.
    Now there is intense competition for the real estate bank.
    The current management of the bank sent a direct invitation to only 3 companies out of 16 companies that want to compete.
    Inviting the three companies and neglecting the rest raises many question marks about the fate of this very important bank.
    The prime minister is called upon to break the monopoly of these two companies, which have affected a lot at the expense of citizens, and to open this sector to real competition, away from nepotism.
     
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