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


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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    An American official, according to Reuters: Iraq must prevent the misuse of the dollar in banks to a

    Rocky
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    An American official, according to Reuters: Iraq must prevent the misuse of the dollar in banks to a Empty An American official, according to Reuters: Iraq must prevent the misuse of the dollar in banks to a

    Post by Rocky Thu 14 Sep 2023, 12:44 pm

    [size=38]An American official, according to Reuters: Iraq must prevent the misuse of the dollar in banks to avoid sanctions[/size]


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    September 14, 2023[You must be registered and logged in to see this link.]
    Baghdad/Al-Masala Al-Hadath - (Reuters) - A senior US Treasury official said that the Central Bank of Iraq 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 country’s financial sector, pointing to acts of fraud and laundering. Money and Iran evading sanctions, according to Roberts.
    In July, the United States 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, who spoke on condition of anonymity, said that there are still other Iraqi banks operating with risks that “must be addressed” despite the campaign.
    With reserves of more than $100 billion in the United States, Iraq relies heavily on Washington's good faith to ensure that its oil revenues and funds are not subject to US sanctions.
    The official added that the measure, which his country took in July, was based on clear indications of illegal financial activity. He explained that the alleged crimes being considered by the Treasury Department include acts of money laundering, bribery, extortion, embezzlement and fraud.
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