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TNT
Tishwash:
The Central Bank finalizes the arrangements for the agreement to strengthen five Iraqi banks with the UAE dirham
Today, Saturday, the Central Bank of Iraq completed the arrangements for the agreement to strengthen five Iraqi banks with the UAE dirham.
A banking source told the Iraqi News Agency (INA): “The Central Bank of Iraq has completed the final arrangements for the agreement with the UAE’s First Abu Dhabi Bank, and it is hoped that the actual implementation of the enhancement operations for Iraqi banks’ accounts in the UAE dirham will begin during the next week.”
The source added, “The first phase of the reinforcements will include five Iraqi private banks, and it is expected that the number of banks will double after evaluating the first phase of implementation, which may last for a few weeks.” link
The agreement arrangements with Abu Dhabi have ended and the Iraqi banks will deliver dirhams – the Central Bank
The official news agency, quoting a source in the Central Bank, said that Iraq has completed the final arrangements related to the agreement with Abu Dhabi Bank, as part of the government’s efforts to control the exchange rate.
The source:
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The Central Bank of Iraq finalizes the final arrangements for the agreement with the UAE’s First Abu Dhabi Bank.
It is hoped that the actual implementation of the enhancement operations for Iraqi bank accounts in the UAE dirham will begin next week.
The first phase of reinforcements will include five Iraqi private banks.
The number of banks is expected to double after evaluating the first phase of implementation, which may last for a few weeks. link
Al-Araji: The Iraqi government has taken measures to protect embassies operating in Iraq
National Security Advisor Qasim Al-Araji confirmed that the Iraqi government has taken measures to protect embassies operating in Iraq.
The Chancellery stated in a statement: “Al-Araji met in his office today, Saturday, with the Australian Ambassador to Baghdad, Paula Ghali, on the occasion of the end of her duties as her country’s ambassador to Baghdad. The meeting discussed the latest developments in the political and security situation, at the international and regional levels.”
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Al-Araji thanked the Australian ambassador for her role in strengthening relations of cooperation and friendship between Iraq and Australia at all levels, stressing that Australia is a partner of Iraq in confronting terrorism, pointing out that terrorism still poses a threat to the region and the world, noting that the Iraqi government has taken measures to protect embassies operating in Iraq.
Regarding the events in the Gaza Strip, Al-Araji stressed that children, women and civilians are not part of the battle, and must be protected under international and humanitarian law, and the international community must do its duty to stop this war, indicating that the problem in Palestine will remain without the existence of a Palestinian state.
For her part, the Australian Ambassador expressed her country’s condemnation of the killing of civilians, women and children, in the Gaza Strip, noting that there is an increasing international determination to resolve this crisis. link
CandyKisses:
Integrity: Recovery of 15 billion dinars from the former managing director of one of the electronic payment companies
Baghdad Today – Baghdad
Today, Saturday (November 18, 2023), the Federal Integrity Commission announced the recovery of 15 billion dinars from the former managing director of an electronic payment company.
The authority stated in a statement received by “Baghdad Today”, that “its investigative procedures in the criminal case of the accused sponsor, the former manager authorized in the case of tax evasion by the company by providing incomplete information, and hiding information related to its accounts for the period from (2010-2017) should have been clarified,” indicating “his joint with employees of the General Tax Authority to cause damage to public money, represented by the Ministry of Finance, amounting to fifteen billion and one hundred and fifty-four million dinars.”
She added that “the company has paid the amount of damage caused to public money as a result of the lack of tax accounting, confirming the transfer of an amount of (15,154,745,000) billion dinars to the account of the General Tax Authority – Department of Senior Taxpayers,” pointing to “the continuation of the General Tax Authority to request a complaint against the accused and take legal action against him for non-payment of interest on the amount.”
According to the statement, the authority pointed to “an individual lawsuit against the convicted defendant, the former director general of the General Tax Authority, for sending a letter to (5) banks indicating that the aforementioned company is tax accounted until the year 2019, In order to move the company’s accounts in those banks, despite the failure to meet the necessary mechanism followed in tax accounting.”
“The convicted defendant carried out these acts jointly with three of her employees who were convicted and sentenced by the Central Anti-Corruption Criminal Court,” she said.
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Source: Dinar Recaps
Tishwash:
Washington welcomes Iraq’s accession to the European Bank
Today, Saturday, the US Ambassador to Baghdad, Alina Romanowski, welcomed Iraq’s accession to the European Bank for Reconstruction and Development.
The ambassador said in a post on the X platform, “I congratulate Iraq on joining the European Bank for Reconstruction and Development as a member.”
She continued, “Iraqi companies now have access to loans that contribute to improving the products and services available to Iraqis and enhancing Iraqis’ communication with the world.” link
Iraqi ports seized 236 Visa and MasterCard cards prepared for smuggling
The Iraqi Border Ports Authority announced, on Saturday, the seizure of 236 Visa and MasterCard cards prepared for smuggling.
A statement from the authority received by Shafaq News Agency stated, “The Zurbatiyah Border Port Directorate was able to arrest an Iraqi traveler in possession of (236) cards intended for smuggling.”
The statement indicated, “Organizing a fundamental arrest report and referring the accused to the Zarbatieh Customs Police Station to take appropriate legal measures.” link
CandyKisses:
Integrity: Recovery of 15 billion dinars from the former managing director of one of the electronic payment companies
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Economy News
The Federal Integrity Commission announced on Saturday the recovery of 15 billion dinars from the former managing director of one of the electronic payment companies.
The authority stated in a statement received by “Economy News”, that “its investigative procedures in the criminal case of the accused sponsor, the previously authorized manager in the case of tax evasion by the company by providing incomplete information, and hiding information related to its accounts for the period from (2010-2017) should have been clarified,” indicating “his joint with employees of the General Tax Authority to cause damage to public money, represented by the Ministry of Finance, amounting to fifteen billion and one hundred and fifty-four million dinars.”
She added that “the company has paid the amount of damage caused to public money as a result of the lack of tax accounting, confirming the transfer of an amount of (15,154,745,000) billion dinars to the account of the General Tax Authority – Department of Senior Taxpayers,” pointing to “the continuation of the General Tax Authority to request a complaint against the accused and take legal action against him for non-payment of interest on the amount.”
According to the statement, the authority pointed to “an individual lawsuit against the convicted defendant, the former director general of the General Tax Authority, for sending a letter to (5) banks indicating that the aforementioned company is tax accounted until the year 2019, in order to move the company’s accounts in those banks, despite the failure to meet the necessary mechanism followed in tax accounting.”
The convicted defendant carried out these acts jointly with three of her employees who were convicted and sentenced by the Central Anti-Corruption Criminal Court,” she said.
Source: Dinar Recaps
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