Thread: Iraq/Dinar News. 09/05 to 01/14/07

has anyone seen if the 10k was handed out today?

Originally Posted by Lunar

Theft and extortion of Iraqi banks unchecked
Robbed of 1.15 million from the Rafidain Bank
Source : Dar Al-Hayat-19 / 11 / 2006

Description banking Fouad bono, President of the Association of Iraqi banks and the Executive Director of the Bank of Credit Iraqi who owns the National Bank of Kuwait for 85% of the shares, the sector is currently the case in Iraq as very difficult, The exceptional performance of banks has become absolutely. It also requires exceptional protection in light of the fears that exist in everyday workers by exposure to risks in the absence of effective precautionary measures to be provided by the authorities concerned.

Bono was talking to Al-Hayat »« on the number of robberies, extortion and kidnapping against the Iraqi banks continuously without any practical deterrent to carry them out, most of the gangs that have become a daily threat to the security of the citizen and the state and its institutions, He referred in this connection to the unknown armed robbery last Friday at a branch of the Rafidain Bank «government» in the pratha in Attivih north of Baghdad, killing three members of the Iraqi police and one of the members of the protection of installations and then they broke into the bank after it broke Khoznth and stole one amount, 650 billion Iraqi dinars ($ 1.15 million) was found in the investigations that the gunmen had used oxygen gas to break safe and then stole money.

Bono explained that the Association of Banks Iraqi visualization fully what must have procedures to protect private «where we look from the security apparatus more effective action to protect the sector. The Association has prepared a report in this regard and then discuss the content with several bodies especially relevant institutions sector, particularly the Ministry of Finance and the Central Bank of Iraq where duty requires assume full responsibility in the protection of government and private banks alike and to serve the goal of protecting public funds and private ». He added that several banks had «been subjected to acts of armed robbery and theft of funds and assets during the first days of the recent war on Iraq. The increased lawlessness after the recurrence of such incidents despite the imposition of strict security escorts on the banks particularly Manjanb of banks themselves », but Hasani pointed to the need to adopt unconventional measures to protect the sector commensurate with the nature of the security situation worsening in the country.

He adds this regard, that view frustrating not to create conditions to the banking and financial Arab and foreign countries still have hopes can work in the Iraqi arena, despite the security risks posed to them, «is common in the approval of the Central Bank of Iraq finally to the request of six Arab and foreign banks opening branches in Baghdad».

I wonder what the real amount taken was. Was it 650 billion dinars (400 million usd value) or 1.15 million USD value (1.6 billion dinars)? That's a big difference...

Someone (reporter) needs a calculator.

Originally Posted by garthstar

if you are really serious about this whole thing, a freind told me that you can purchase with your money a rare collectable stamp or two, you can get them worth millions, fly to switz with it in your wallet, sell it there, bank the money.

thats the absolute safest, cos no one is gona find 2 little stamps on you at customs.... and it leaves not a trace.

Just be careful not to mix them with the other stamps. Otherwise, they'll end up being used mailing off your Foley's bill.

I saw that coming when I read the last report that mentioned all the theft and corruption, yet nobody raised an eyebrow.
I doubt it's by the Iraqis choice, it's the doing of the thieves at IAMB, why giveaway the cash-cow now?

Originally Posted by pipshurricane

This news mean then that Iraq is NOT ready to fully control oil revenue. Deposits will continue in New York......and not the Central Bank of Iraq.
They may review this decision by June............

UNSC set to extend MNF force next week until Dec 2007

POL-UN-COUNCIL-IRAQ
UNSC set to extend MNF force next week until Dec 2007

UNITED NATIONS, Nov 17 (KUNA) -- The UN Security Council is scheduled to extend the mandate of the Multinational Force (MNF) in Iraq next week until December 31st, 2007 and that in response to a request by Iraqi prime Minister Nouri Al-Maliki.

According to a draft resolution circulated among council members, the council would review the MNF mandate no later than June 2007 and declare that it will terminate its mandate earlier if the government wishes to.

The council would also extend until December 2007 the arrangements to deposit the proceeds from oil and natural gas export sales into the Development Fund for Iraq and the arrangements for the monitoring of the Fund by the International Advisory and Monitoring Board (IAMB).

These two kinds of arrangements would also be reviewed, at the Iraqi government's request, no later than June 2007.

The council would also ask the US to continue to report to the council, on behalf of the MNF, on the efforts and progress of this force on a quarterly basis. (more) sj.

Kuna site|Story page|UNSC set to extend MNF force next week until Dec 2...11/17/2006

Originally Posted by shotgunsusie

found on ÇáÃæáÜÜÜÜÜÜÜÜÜÜÜì this headline...

"Coast forces successfully implemented the process (the bull) in the Shatt al-Arab"


so would that then be considered the bull shatt process??? lol

Now that was a knee slapper!!

Cheers!
DayDream

I'm in the Norfolk VA area--anybody know of any banks that are selling in my area? No Chase Bank here....

Thanks, Tracy

Minister of State for Tourism and the effects of the Commission to detect

(Voice of Iraq) - 11-19-2006
This issue was sent to a friend

The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
Press Release Press release /
Sunday, 11-19-2006

Minister of State for Tourism and the effects of the Commission to detect abuses Which got the Virgin Mary church building in the Baghdad area Alcheorgh
Instructed the Minister of State for Tourism and the Minister to come Brigade formed a technical committee for the detection site to the Church of the Virgin Mary Building (p) in the Alcheorgh Baghdad.

A source in the ministry : The location of the abuses occurred during the administration of commercial buildings on the land of the church. He added that the Committee's task is to monitor the application of the instructions of the General Authority for Antiquities and Heritage is to add commercial building and the amount of damages.

Baghdad Secretariat develop an integrated plan for the improvement of the service

(Voice of Iraq) - 11-19-2006
This issue was sent to a friend
The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
A press statement / Press Release
Sunday, 11-19-2006
Baghdad Secretariat develop an integrated plan for the improvement of the service
Municipal and in Sadr City

Baghdad Secretariat developed an integrated plan for the improvement of the municipal service and in Sadr City with a high-density population, which hit census content about two and a half million people, covering an area of about (31 square kilometers) and many suffer from poor services and neglect under the previous regime.
A source at the secretariat : that plan includes addressing the scarcity of drinking water and improvement of the quality and address the problem of sewage to sewage and increase green areas throughout the city and improve the cleanliness with interest Ptblet roads.

He added : The Council of Ministers and the Baghdad governorate have provided financial support for the full implementation of the projects included in the plan and that the Sadr City suffering from the end of the design life of the sewer systems and water systems and other services net, in addition to the non-assimilation and efficiency to shoulder the steady rise in population.

$ 188 M Additional British Aid For Iraq

Basra, Nov.19 p4

British Finance Minister Gordon Brown undertook offering of additional $ 188 M to Iraq for helping of activating state's economic and re-building projects. Wealth mentioning that, Brown arrived Basra yesterday coming from Kuwait in a suddenly visit continued one day checking British solders situation in Basra. He met prime minister deputy Barham Salih and large number of the Briton officers discussing the last developed situation in the state.

On the other hand, he mentioned that the offered amount would participate in re-construction and state building for the next 3 year.

Voices of Iraq (economy) November 19, 2006-12 : 24 PM BT
A decline in demand for the dollar
Baghdad - (Voices of Iraq)
Decreased demand for the dollar purchase auction in the Central Bank of Iraq today, Sunday, registered 31 million and 495 thousand dollars against 39 million and 945 thousand dollars in a meeting last Thursday.
A statement by the Central Bank of Iraq, received news agency (Voices of Iraq) independent copy, It was the distribution of purchase orders between 12 million and 395 thousand dollars in cash and 19 million and 100 thousand dollars in the form of bank transfers of the bank full coverage of exchange rate amounted to 1452 dinars to the dollar, down 2 dinars on the exchange rate on Thursday last. "
He said the owner of the banking Yasiri, "The reason for a decline in demand today is the state of stability witnessed by the exchange rate over the past few days."

Cheers!
DayDream