Kuwait revokes citizenship of those accused of theft of the century and seizes their assets

The head of the Federal Integrity Commission, Judge (Haider Hanoun), stressed the importance of twinning between the oversight agencies in different countries, especially sister countries, and cooperation in the field of receiving wanted persons and recovering smuggled funds.

During his meeting with the Kuwaiti Ambassador to Iraq, Tariq Abdullah Al-Faraj, at the Commission’s headquarters, Hanoun discussed ways to enhance cooperation in the field of combating corruption, exchanging expertise and transferring experiences, noting the two parties’ efforts to conclude a memorandum of understanding between the Commission and the Kuwaiti Anti-Corruption Authority.

Hanoun stressed the need to protect foreign investors and provide them with a safe environment, warning anyone who might dare to commit the crime of extortion to achieve economic gains at the expense of investors. He called on Kuwaiti investors to enter the Iraqi market and report any extortion they may be exposed to, pledging to protect them from extortion and to act quickly upon receiving reports.

For his part, the Kuwaiti Ambassador (Tariq Abdullah Al-Faraj) expressed his happiness with the cooperation between the institutions of the two countries, especially the supervisory bodies, stressing that the concerned authorities in the State of Kuwait are providing assistance and cooperation with the Iraqi side in the field of handing over the accused, warning of the beginning of revoking the Kuwaiti citizenship of those accused of stealing tax deposits and wanted by the Iraqi Integrity Commission, and freezing and seizing their funds.

Alforatnews.iq

Parliament hosts Central Bank Governor to discuss exchange rate

Alsumaria News – Politics: A parliamentary source revealed today, Sunday, that the parliament is hosting the Governor of the Central Bank, Ali Al-Alaq, today to discuss the exchange rate.
The source told Sumaria News, “The Finance Committee is hosting the Governor of the Central Bank in today’s parliament session, Sunday.”

The source added, “The focus of hosting the Governor of the Central Bank is to discuss the gap between the official price of the dollar and the price in the parallel market.”

Alsumaria.tv

MP reveals the secrets of the theft of the century and confirms: The real numbers are much higher

Information / Baghdad… MP Adnan Al-Jabri revealed, on Saturday, the secrets of the theft of the century.

Al-Jabri told Al-Maalouma, “The theft of tax deposits is a complex file, and investigations into its details are still ongoing. He confirmed that the amount that was actually stolen is much greater than what was announced.”

He added, “The amount of money stolen during the previous government’s time is large, stressing that the failure to announce the amount of thefts in the tax deposits file confirms that other thefts are being discovered through investigations.”

He pointed out the “importance of recovering all stolen funds, revealing the identity of those involved, and taking legal action, noting that corruption is a scourge no less dangerous than terrorism.”

It is noteworthy that the government recently announced the recovery of hundreds of billions of dinars of stolen money from tax trusts, known as the theft of the century.

Almaalomah.me

Sources: Central Bank “delaying” implementation of Al-Sudani’s directives to launch financing initiatives

Shafaq News / The Central Bank of Iraq is delaying the launch of financing initiatives despite the request of Prime Minister Mohammed Shia al-Sudani, according to informed sources.

The sources told Shafaq News Agency that the Central Bank has launched financing initiatives since 2015 to help the private sector establish their industrial, agricultural and commercial projects, in addition to financing the purchase of housing units in light of the current housing crisis.

According to a document, Prime Minister Mohammed Shia al-Sudani directed the Central Bank of Iraq to reactivate the financing initiative provided by the Central Bank of Iraq.

According to the sources, the Central Bank of Iraq is still delaying the Prime Minister’s directives, although they serve the Iraqi economy by activating the development initiative.

The sources pointed out that the Central Bank’s initiatives had benefited thousands of citizens and contributed to achieving growth in the private sector.

Shafaq.com

We fear the “destruction of the political process” by revealing the names of those involved in the theft of the century

MP for the Al-Sadiqoun parliamentary bloc, Ali Turki Al-Jamali, said Friday, August 2, 2024, that there is fear of “ruining” the political process by revealing the names of those involved in the theft of tax deposits known as the “theft of the century.”

Al-Jamali confirmed, in a televised statement, “There is a fear of ruining the political process by revealing the names of those involved in the ‘theft of the century’ before announcing the results of the investigation.”

He pointed out that “the investigations revealed that the theft of the century amounted to 3.5 billion dollars, and was carried out over 8 months, at a time when this money was supposed to be added to the budget.”

He explained that “the dispute over shares is what caused the theft of the century to be revealed, not any competent authority,” noting that “this file will not be closed and the real figures of the theft will not be revealed,” according to him.

Al-Jamali pointed out that “Nour Zuhair (the main accused in the case) was a front for the theft of the century and may have disclosed the names of those participating in the theft during the investigation,” indicating that “the theft of the century took place through forged authorizations for Nour Zuhair and other people affiliated with him.”

He added, “Mustafa Al-Kadhimi’s government was a system for stealing public money,” explaining that “the director of the General Tax Authority was appointed by order of Al-Kadhimi and not by the Minister of Finance,” according to his words.

Al-Jamali confirmed that “big heads were behind the planning and implementation of the theft of the century,” indicating that “the mastermind behind the theft of the century is (Haitham Al-Jubouri), who was working as an advisor to Al-Kazemi,” he said.

Thursday, the Integrity Commission revealed new details about the theft of tax deposits known as the “theft of the century,” as it announced “the recovery of Qasim Muhammad Muhammad from the Kurdistan Region, who is the managing director of the (Hunchback Whale) Company, after he had fled to Turkey. He is one of the most prominent defendants in the tax deposit theft case.”

Regarding the final amount of the theft of tax deposits, the head of the Integrity Commission, Haider Hanoun, explained in a press conference held yesterday that “if we add up these amounts, it becomes more than the announced amount because the investigating judge who formed the committee reached a specific amount, but it is not accurate.”

It is noteworthy that in October 2022, the “theft of the century” case was revealed for the first time, in which former senior officials and businessmen were involved, and it sparked severe anger in Iraq, which witnessed widespread protests in recent years demanding an end to corruption.

The “theft of the century” is the disappearance of 3.7 trillion dinars (about two and a half billion dollars) from tax trust funds, and it was revealed by several concerned parties about two months before the end of the term of the previous government headed by Mustafa Al-Kadhimi.

In mid-July, Prime Minister Mohammed Shia al-Sudani considered the “theft of the century” a black spot in the history of the Iraqi state, and indicated that it was carried out with official cover, and revealed that half of its money was smuggled out of the country.

Burathanews.com

Iraqi Dinar / US Dollar auction results for today 08-02-2024

Results of the foreign currency selling window for Friday 08/02/2024

Advertisement No. (5173)

The amount:

Total amounts of transfers abroad (transfers, credits)
270,439,187

Total cash withdrawals
14,050,000

Total total sales
284,489,187

Note that: The selling price of documentary credits and international settlements for electronic cards is ( 1310 ) dinars per dollar.

The selling price for transfer amounts abroad is ( 1310 ) dinars per dollar.
The cash selling price is ( 1305 ) dinars per dollar.

cbi.iq/currency_auction

No “ministerial reshuffle” in Al-Sudani’s government, and the Coordination Framework justifies it

A leader in the Coordination Framework, which brings together the Shiite political forces, revealed today, Thursday, the reason why Prime Minister Mohammed Shia al-Sudani did not carry out a “ministerial amendment” throughout the past period.

Leader Hassan Fadham told Shafak News Agency, “Prime Minister Mohammed Shia al-Sudani wanted to make some ministerial changes, but the general political situation and his keenness to maintain stability and harmony on the one hand, and the failure to resolve the parliament presidency file, prevented this change from being made.”

Faddam explained that “the Coordination Framework supports Al-Sudani in any proposal or step that would strengthen the service role provided by the government, and the framework still supports the Prime Minister’s measures in managing the state, providing services, fighting corruption, and achieving security and political stability in the country, but some political circumstances prevented some of Al-Sudani’s steps.”

On Monday, March 11, the Parliamentary Strategic Planning Committee revealed that Prime Minister Mohammed Shia al-Sudani was close to making a ministerial reshuffle, and explained the reason for that.

The deputy head of the committee, Mohammed Al-Baldawi, told Shafak News Agency, “There are ministries that have performed their duties well throughout the past period, and had clear procedures. At the same time, there are ministries that have not completed their programs and have not provided their full energy and capabilities. Therefore, there are ministries that need to reconsider their management and strategy.”

Al-Baldawi, a representative of the Coordination Framework, added, “According to the evaluation, there are ministries that can be rated as ‘good’, and there are ministries that are rated as ‘average’, and some ministries are rated as ‘less than acceptable’, and for this reason there is an expected ministerial change within the government reform that Prime Minister Mohammed Shia al-Sudani is emphasizing.”

It is noteworthy that since Prime Minister Mohammed Shia al-Sudani assumed the presidency of the government, he has made many administrative changes in a number of ministries and state institutions. In December 2022, al-Sudani decided to set a period of six months to evaluate the government’s work in light of its approved government program. The evaluation includes ministers, undersecretaries, governors, advisors, and general managers according to specific timings. He gave the general managers three months to then evaluate their performance.

Shafaq.com

For the next five years, the Americans in Ain al-Assad are contracting with Iraqis to provide them with food supplies

A security source in Anbar Governorate revealed today, Wednesday, that the US forces renewed the contract to supply its forces stationed at Ain al-Assad base with food supplies for the next five years.

The source said in a statement to Al-Maalouma Agency that “the American forces stationed at the Ain al-Assad air base in the al-Baghdadi district, west of Anbar, concluded a contract with Iraqi contractors to supply their forces with large quantities of food, especially meat and fish, noting that the contract is for a period of five years.”

He added, “The American forces had previously concluded a contract with Iraqi contractors to supply their forces with food supplies, but the contract expired a few days ago, which prompted the American forces to renew the contract again for another 5 years, indicating that those forces will remain in their positions inside the Ain al-Assad base until the end of 2029.”

He stated that “American soldiers from time to time roam the markets of Al-Baghdadi district to buy their needs of various goods, but the precautionary measures taken stressed the need to be cautious and careful of the movements of American forces and to remain inside their military barracks.”

He explained that “the Iraqi contractors who will supply the American forces with food supplies have undergone vetting processes with the assistance of security leaders.”

Almaalomah.me

Parliamentary Security calls for expelling the ambassador and severing relations with Kuwait

Member of the Parliamentary Security and Defense Committee, MP Yasser Iskandar Watout, called today, Wednesday, for the expulsion of the Kuwaiti ambassador from Iraq and the severing of relations with his country.

“Kuwait is still determined to make its territory a launching pad for aggression against Iraq,” Watout told Al-Maalouma Agency, calling on the government to expel the Kuwaiti ambassador immediately and sever relations with Kuwait, in order to allow the drone that targeted the Popular Mobilization Forces in Jurf al-Nasr to be launched from Ali al-Salem Air Base.

“Kuwait still harbors hostility and hatred towards Iraq and allows its territory to be used as a launching pad for attacking Iraq and violating its national sovereignty,” Watout told Al-Maalouma Agency.

He called on the government to take a “firm stand against Kuwait because it allowed a drone to be launched from its territory and target the Popular Mobilization Forces in Jurf al-Nasr.”

The Islamic Resistance, the Hezbollah Brigades, held the American occupation forces fully responsible for the crime of shedding the blood of (our sons), warning the Kuwaiti authorities against continuing to make their lands a launching pad for the American criminal approach towards Iraq.

Almaalomah.me

State of Law: The American presence in Iraq will not end except by force

Member of the State of Law Coalition, Sheikh Haider Al-Lami, confirmed today, Wednesday, that the American military presence in Iraq will not end with an agreement and they must be removed by force.

Al-Lami said in a statement to Al-Maalouma Agency, “The recent attack on the Popular Mobilization Forces in Jurf al-Nasr represents a clear violation of sovereignty,” noting that “America is accustomed to lying and cannot be a friend of Iraq.”

He added that “the file of neutralizing foreign forces from Iraqi territory has become of utmost importance in light of Washington’s continued security breaches, the latest of which was the bombing of the government’s Popular Mobilization Forces,” calling on “national security and political forces to take all legal and diplomatic measures to hold an emergency session to discuss this aggression.”

He explained that “the time has come to break the silence and expel the forces of this occupation from Iraq,” noting that “the bad military presence of America in Iraq will not end with an agreement and they must be expelled by the power and will of the people through their resistance.”

Yesterday, American planes bombed Popular Mobilization targets in Jurf al-Nasr in Babylon, killing 4 fighters.

Almaalomah.me