Iraq officially exits the FATF International Financial Control List
BAGHDAD / Tomorrow ‘s Press: announced the International Financial Action Task Force “FATF”, on Sunday, “officially” out of Iraq from the follow – up area thanks to the achievements of the Iraqi Central Bank and the Office of the fight against money laundering and the financing of terrorism “significant progress”.
The Central Bank of Iraq said in a press statement that “the International Financial Action Task Force officially announced the exit of Iraq from the follow-up area, because of the achievement of the Central Bank of Iraq and the Office of AML / CFT of significant progress in improving and addressing shortcomings.”
He added that “Iraq has fulfilled all its obligations towards the recommendations of the group and address the requirements of the strategy of combating money laundering and financing of terrorism prepared by the Central Bank of Iraq.”
“In addition to the enactment of the Anti-Money Laundering Law No. 39 of 2015, the issuance of instructions and regulations and the establishment of the Anti-Money Laundering and Terrorism Financing Council, as well as the Committee for the freezing of terrorist funds.”
“Thus, Iraq is no longer subject to monitoring and follow-up by FATF,” the bank said.
Article Credit: Alghadpress.com (Special Thanks to Vernell Washington)
BGG ~ It means – ONE STEP CLOSER!!
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Iraq: 20 Lawmakers to Be Arrested as Parliament Term Ends
ERBIL — At least 20 Iraqi lawmakers will be arrested after Sunday as their term at the Iraqi parliament has ended, and they are striped of their parliamentary immunity, another lawmaker said.
Following several failed attempts by some factions, the Iraqi parliament failed to extend its own term before it ended on Sunday.
Mohammed Sayhoud, a lawmaker from the State of Law Coalition, told reporters that at least 20 members of parliament had been issued arrest warrants over charges related to terrorism and corruption.
He said the government is now required to arrest the suspects as they are not protected by their parliamentary immunity any longer.
According to Sayhoud, the government is violating the law by acting reluctant in arresting suspects with influence under the pretext of protecting public interests and peace.
Article Credit: Basnews.com (Special Thanks to Charles Bright)
BGG ~ I’m a little curious to see if there is any specific sectarian break-down on this round of prosecutions. Not that it really makes a direct impact on the overall investment – I’m just curious.
It also looks like, to me, the political climate is getting better and better. Progress.
Anyone telling you the political climate isn’t important simply isn’t paying attention. The things we are seeing unfold right now are pretty good for the overall welfare of this investment and Iraq in general.
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Mnt Goat …Some are saying that the Iraqi dinar is 1 to 1 in Iraq already. One of the reasons to reinstate the dinar is to be able to use it in the world market place. World Market Place means ‘outside of Iraq’, thus you are NOT in Iraq. And until the rate changes on FOREX (with a significant increase) and the banks are willing to exchange it for us – it makes no difference to you or I what is going on inside of Iraq. Besides, I have a very good, reliable source in the CBI that tells me absolutely NOTHING has yet occurred and the dinar inside and outside Iraq is still at the rate of 1190 dinars to 1 US dollar.
Read more: http://www.dinarupdates.com/observer/
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Iraq plans manual election recount only for suspect ballots
BAGHDAD (Reuters) – Iraq will conduct a manual recount of votes from a May election only for ballots mentioned in official reports on fraud or in formal complaints, a move likely to speed up the ratification of final results and the formation of a new government.
The parliamentary election has been marred by historically low turnout and fraud allegations.
The outgoing parliament this month passed a law mandating a nationwide manual recount of votes, but the panel of judges now in charge of the recount said it would only be conducted for problematic ballots.
Interpreting a ruling from the Supreme Federal Court, a panel of judges who are now in charge of the elections commission said on Sunday they would only manually recount problematic ballots “out of respect for the will of voters and their rights … and to preserve their vote which came without any violation.”
The law passed by parliament had also suspended the Independent High Election Commission’s nine-member board of commissioners and replaced them with judges.
Ballot boxes from areas where there were fraud allegations will be moved to the capital Baghdad, where the recount will be held in the presence of United Nations representatives at a time and place to be determined later, the panel said in a statement.
The historically slow and complex process of forming an Iraqi government after an election has been further complicated this time round because of the fraud allegations and subsequent recount. Now that only specific ballots will be recounted, a new government could be formed faster.
The full recount was voted for by an outgoing parliament in which a majority of lawmakers, including the speaker, failed to retain their seats in the May poll. The vote came after a government report said there were serious electoral violations, but the report only recommended a partial recount.
Parliament met on Sunday to discuss another law that would allow it to remain in session until final results are ratified, even though its term constitutionally ends next week on June 30.
Prime Minister Haider al-Abadi, who’s electoral list came third in the poll, and the winner, cleric Moqtada al-Sadr, entered into a political alliance on Saturday night, less than two weeks after Sadr announced a similar alliance with second-placed Iran ally Hadi al-Amiri’s bloc, thus bringing the top three blocs together.
Sadr’s bloc has been boycotting parliament’s sessions. He and Amiri were against a full recount. Both Sadr and Abadi oppose the idea of the current parliament extending its mandate.
Article Credit: Reuters.com
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The Iraqi parliament demands the judiciary to remove 13 officials of the Electoral Commission
Twilight News – The Iraqi parliament demanded on Monday the judiciary and the executive authority to remove 13 senior officials in the Electoral Commission, before the start of manual counting and counting of polling results.
The judges, entrusted with the functions of the Council of the Electoral Commission in Iraq, decided on Sunday, the process of manual counting and counting of votes in centers that have allegations of “fraud” only; based on the decision of the Federal Supreme Court.
“There are 13 officials at the level of director general and head of department in the commission, accused of falsifying the results of the parliamentary elections, and these must be removed before the process of manual counting and results.”
“The removal of members of the Electoral Commission, an insufficient procedure, because with the presence of judges assigned to manage the process of counting and sorting by hand, the staff of the Commission accused of fraud can manipulate the results.”
He added that “the parliamentary fact-finding committee will meet with the judiciary and the government for the purpose of presenting the facts about the seriousness of the presence of these employees in the Commission.”
He pointed out that “the parliamentary fact-finding committee will remain in a state of permanent meeting until the completion of counting and manual counting.”
According to the announced results of the elections held on 12 May last, dissolved the alliance, “Saroon,” supported by the leader of the Sadrist movement Moqtada al-Sadr, ranked first with 54 seats out of 329, followed by the alliance, “Al-Fath,” consisting of political arms of the factions of ” Popular crowd “led by Hadi al-Ameri, with 47 seats.
Followed by the coalition of “victory”, led by Prime Minister Haider Abadi, with 42 seats, while the coalition of “State of Law” led by former Prime Minister Nuri al-Maliki 26 seats.
Article Credit: Shafaaq.com (Special Thanks to Charles Bright)
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Kaperoni (Dinar Guru) – Great article today talks about how they plan to open the banking system to engage with international banks. This article just gushes with excitement as they get ready to move to Article VIII. If you remember that plan was in the IMF directives with the CBI send a positive message about the banking system…it’s coming. Now that the CBI is in compliance it’s just a waiting game for them to write the letter.
Read more: http://www.dinarupdates.com/observer/
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URGENT Abadi / Pence: We are working to form a strong government service
(BNA) Prime Minister Haidar al-Abadi received a phone call from US Vice President Mike Pence on Monday, during which they discussed bilateral relations and bilateral relations, as well as the political and security situation.
“The United States is committed to supporting Iraq, which has achieved a great victory over gangs that support terrorism and liberate its territory,” Pence said in a statement.
“Our country will continue to support Iraq in the construction and reconstruction phase,” he said. “We appreciate the efforts of the Iraqi government to return the displaced and preserve the minorities and return them to their areas.”
Abadi said that “the Iraqi government and our heroic forces continue to pursue the cells and terrorist pockets to eliminate them.”
He added that “Iraq’s priorities are to maintain the achievements achieved in the field of security and the promotion and economic reform and services and construction and reconstruction and the provision of employment opportunities and this is what we are working on now with the importance of forming a strong government provides services and aspirations of the citizen.”
Article Credit: Alforatnews.com (Special Thanks to Charles Bright)
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Randy Koonce (Dinar Guru) – This should have been finished in May. There was an Organization, who shall remain nameless, that thought they knew better about what needed to happen in the election; and therefore did not release it as planned. That being said, our POTUS is VERY tired of waiting for this to go off. He has applied, and is still applying lots of pressure on this, along with several other major countries. The US has been involved in the background along with the UN to resolve the Election Mess and get this rolled out for the benefit of all of us. The Election results should be announced officially no later than the end of next week. Shortly after that announcement, we should/will see the rate change…
Read more: http://www.dinarupdates.com/observer/
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Randy Koonce (Dinar Guru) – What if the election does not get resolved? From what I understand, if all goes bad and it looks like it will go forever, then POTUS is wanting this out anyway and will continue to apply pressure to get it finished. This window will remain open until around the 8th of July. …In my opinion, the pressure being applied will make this go, and will get it done much sooner. And, if you see the “Sadr and Abadi Play Nice” speech, with them having the largest block as the Papers are indicating now, it will be much sooner…So, hang in there Everyone. It’s coming, one way or the other!! We are close.. Every large bank will exchange.. RELAX the RV is coming… Breathe.
Read more: http://www.dinarupdates.com/observer/
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The Media the Office AM @ IraqiPMO
Dr. Abadi: The next four years will be to develop the Iraqi economy, create jobs for citizens and raise their standard of living. This requires a tremendous effort and continued maintenance of security and stability.
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Some interesting headlines…
Sadr’s understanding with Allawi and Hakim waiting for Abadi
End of the meeting of the three presidencies and political leaders .. Jabbouri announced the details
BGG ~ So – let me get this straight… these guys have a meeting, set out a way to verify the results and move on, then someone who was in this meeting, doesn’t like the sound of things – and immediately (the next morning) tries to set fire to the ballot boxes (which would be used to further this effort).
Here’s my take – this is as close as Maliki will ever get to having his way again. Any one thing doesn’t go his way from here on in and he’s done for good.
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Large blocs in Iraq avoid coalition with former prime minister
Iraq’s Prime Minister and Leader of Al-Nasser Coalition (Victory Alliance), Haider Al-Abadi, has been trying to avoid making a coalition with his predecessor, Nouri Al-Maliki, Al-Araby Al-Jadeed reported on Monday. Working with the Sa’eroon Coalition leader Muqtada Al-Sadr, Al-Abadi has been exerting efforts to avoid such a deal. Al-Nasser and Sa’eroon are the largest coalitions in the new Iraqi parliament.
Meanwhile, another Coalition, Al-Fateh, formed mainly by Al-Hashd Al-Shaabi (the Popular Mobilisation Forces), has been trying to bring Al-Maliki closer to the largest groups. “Al-Fateh Coalition, headed by Hadi Al-Ameri, is trying to bring the ex-Prime Minister closer to the coalition of Sa’eroon, Al-Nasser and Al-Fateh,” explained one Sa’eroon official. He noted that such an effort “will bring the Shia home together again.”
The official, who refused to give his name, said that all three groups have the same stance towards Al-Maliki, but they have set conditions for him to join the coalition. One of these, he explained, is that he will not be given any of the sovereign ministries to run. This and other conditions are expected to be unacceptable to him.
Al-Abadi and Al-Sadr announced a non-sectarian coalition on Saturday that includes their own groups in order to guarantee the largest parliamentary bloc. They insisted that they are open to anyone.
Meanwhile, Al-Maliki is working to announce a new political initiative with a meeting of all Shia political blocs. The intention is for those attending to agree on the allocation of the sovereign ministries and the government’s programme.
Al-Maliki was the Iraqi Prime Minister between 2006 and 2014. Many rights violations and the detention of thousands of innocent people on political and sectarian grounds occurred during his time in office. Allegations of vast sums of state money being wasted have also been made.
More than five million people were displaced on his watch after their homes were occupied by Daesh. The Iraqi people blamed him, as the then Commander of the armed forces, for the massacre of 1,700 army cadets by Daesh inside the “Spiker” military college in 2014.
Large blocs in Iraq avoid coalition with former prime minister
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Click this link to join the DU “private” FaceBook Group…
https://www.facebook.com/groups/571383766355188/
(go here and ask to join… then add some Dinar Friends!!)
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Iraq PM and cleric Sadr agree alliance
NAJAF: Iraqi Prime Minister Haider Al-Abadi and nationalist cleric Moqtada Sadr said they had formed an alliance in a bid to create a new government after May polls.
Sadr’s joint list with communists won 54 seats in the legislative elections to become the biggest bloc in Iraq’s 329-seat parliament, while Abadi’s bloc came in third, scooping just 42 seats.
On Saturday Abadi travelled to the Shiite shrine city of Najaf to meet Sadr.
After three hours of talks they issued a joint statement announcing they had set up a coalition.
The statement said their alliance “transcends sectarianism and ethnic” issues “in order to speed up the formation of the new government and agree on the principles which serve the aspirations of our people”.
A source close to Sadr’s Marching Towards Reform alliance said the thorniest issue is who will fill the post of prime minister in the new government.
Abadi would like to keep the job but is meeting resistance from rivals who beat his bloc in the election.
Saturday’s joint statement did not mention an alliance Sadr formed earlier this month with two other lists, ahead of a manual recount ordered by Iraq’s supreme court amid allegations of fraud.
Last week the firebrand Sadr, a former militia leader, reached a coalition agreement with the pro-Iranian former fighters under Hadi Al-Ameri, whose list came second in the election with 47 seats.
Before that, Sadr formed an alliance with Ammar al-Hakim’s Al-Hikma list, which won 19 seats, and the secular outgoing vice-president Iyad Allawi, whose list was comprised largely of Sunnis and secured 21 seats.
Al-Sadr campaigned on a platform to end sectarian politics and replace it with a government that puts Iraqis first.
Instead, he has forged a postelection coalition with a rival Shiite bloc that includes some of the most powerful militias operating in Iraq – groups that get their funding and support from Tehran.
The deal underscores the active role Iran is taking in shaping the next government of Iraq, sending key military and spiritual advisers to revive a grand coalition of Shiite parties as a conduit for its influence in Baghdad. It also illustrates how Iran has gained sway over Al-Sadr, who once called for booting foreign influence from Iraq.
Article Credit: Gulftoday.ae
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Post RV Checklist (it’s getting to be that time!! Listen up!!)
Dos and Don’ts of Windfall Wealth:
Treat it like a PowerBall win
– Tell no one, not even family. If you must talk, do so with one who is already in the know.
– Don’t run out & buy new “stuff”. People notice.
– Get an unpublished number and give it out very sparingly.
– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…
Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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