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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


    CBI" .. haven for the corrupt to take over the US dollar

    Rocky
    Rocky
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    CBI" .. haven for the corrupt to take over the US dollar Empty CBI" .. haven for the corrupt to take over the US dollar

    Post by Rocky Tue 10 May 2016, 4:48 pm

    CBI" .. haven for the corrupt to take over the US dollar




    Published: Tuesday, May 10, 2016 - 11:25 GMT Hits: 52

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    WASHINGTON: report recently published showed the Iraqi Central Bank shifted from performing their normal duties to an institution to serve the corrupt to facilitate the capture of the country 's stockpile of the US dollar , even more than its revenues from the sale of oil.

    The report, prepared by the links Centre for Research and Strategic Studies titled, "Central Bank of Iraq between corruption and ambiguity", as revealed by the statement of the parliamentary finance committee that the continuation of the central bank sold the dollar is greater than Iraq's revenues from the foreign currency amounts as a result of the export of crude oil is a service of the corrupt.

    And published economic reports that the Iraqi Central Bank sold more than $ 44 billion in foreign currency during the auction last year. According to fake contracts, a hushed previous governments on these abuses, which alerted many economists and parliamentarians to looting studied in the bank for the central and the government overlooked is a sign that the parties and political figures and influential individuals involved in these operations, banks constitute interfaces to the politicians and corrupt.

    The report pointed out that in the first two months of this year exceeded the total central bank sales of currency 5 billion and 821 million dollars, which exceeds the oil revenues in the same period.

    Reports indicate that since the establishment of the Central Bank auction to sell the dollar to banks and banking in 2004, central bank sales amounted to more than $ 312 billion since its inception, valued at 1180 dinars to the dollar, it has transformed 80% of these funds out of Iraq, while 20 percent have entered into the market .

    This comes while "Standard & Poor's" Foundation for Credit Rating "report included figures for Iraq's debt has reached $ 30 billion during the year 2015 that have been added to the list for the first time" was expected to rise to a continuation of this year.


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