Industrial Bank warns citizens against carrying amounts exceeding the permitted limit Default  Mawazine News – Baghdad  The Industrial Bank warned citizens today, Thursday, against carrying amounts exceeding the permitted limit.

The bank’s media office said in a statement received by (Mawazine News): “Citizens should be careful not to carry amounts exceeding the permitted limit,” indicating that “they can use official methods to transfer large sums of money.”

He added, “Citizens should avoid carrying cash to avoid legal accountability in the event that the permitted limits are exceeded when bringing money in and out of Iraq are exceeded.” https://www.mawazin.net/Details.aspx?jimare=254121

Victory: Passing Laws With One Basket Is Immoral

Policy Information/Special..  Today, Wednesday, the member of the Victory Alliance, Aqil Al-Radini, stressed the necessity of sorting between laws and avoiding factional interests in passing them, while he indicated that placing laws in one basket is an immoral matter.

 “The political bargaining that takes place in order to pass important laws in the House of Representatives cannot be called a legislative matter,” noting that “putting the Popular Mobilization Law and the general amnesty in one session is suspicious.”

He added, “The accusations against the Popular Mobilization Forces’ retirement law as an election promotion are incorrect and out of place,” noting that “the laws must be viewed from a legal perspective and criticized on this basis.”

Experts believe that passing laws according to factional interests is illegal because some of them are devoid of legal scrutiny. LINK

Parliamentary Finance Committee Reveals The Truth About Government Spending Exceeding The “Red Lines”

Baghdad Today – Baghdad  The Parliamentary Finance Committee revealed, today, Wednesday, August 28, 2024, the truth about government spending from the financial budget exceeding the red lines by spending more money than its allocated amount.

Committee member Jamal Kojer told Baghdad Today, “Government spending did not cross the red lines, because basically there is no government spending so far and no money has been spent according to what was stated in the budget law for this year.”

He explained that “the delay in government spending as planned in the budget law is perhaps due to a lack of liquidity or a delay in approving the budget and the problems that occurred in its schedules.”

Koger said, “There are a number of issues that led to stopping government spending and keeping only salaries.”

It is noteworthy that the Ministry of Finance has denied on more than one occasion the existence of a liquidity problem to secure employees’ salaries and other operating expenses.  LINK

Al-Maliki Threatens Escalation: We Will Hold Demonstrations To Obtain People’s Rights From Oil Companies

Member of Parliament, Dhurgham Al-Maliki, announced the suspension of his membership in the parliamentary Oil and Gas Committee until further notice, justifying his decision by the committee’s failure to respond to his repeated requests to investigate suspicions of corruption related to the employment of workers in the oil fields.

Al-Maliki confirmed that he will take escalatory steps, including taking to the streets with his supporters, if these issues are not dealt with seriously.

Speaking to Al-Mada, Al-Maliki explained that when he requests to host a director of an authority or an official responsible for security permits or the employment file, his goal is to “inquire about the work mechanism,” not to blackmail or intimidate. He pointed out that he has received many complaints from citizens about selling job grades and operating cars within the authorities in exchange for sums of money.

Al-Maliki revealed the exploitation of the resources of the Basra Oil Company and some authorities and fields by employees for the purpose of illicit financial gain, which has led to increased corruption and the excessive exploitation of the money and oil of the Iraqi people.

Al-Maliki confirmed that he asked the parliamentary Oil and Gas Committee to host the director of an authority and the official of the permits department, noting that he has evidence incriminating these officials on charges of bribery and corruption, but he has not received any response from the committee for three weeks.

He explained that this disregard prompted him to suspend his membership, announcing that he will take escalatory steps if the situation continues as it is.

Al-Maliki stressed that before being a representative, he is a tribal sheikh with a large audience supporting him, and that he is ready to take to the streets with his audience to demonstrate in front of the oil authorities and fields to demand their rights at work. He pointed out that issues of concern to citizens may not be a priority for the committee at the present time, which led to a lack of interaction with his demands.

Earlier, Maliki had announced in a press conference that he was suspending his membership in the parliamentary oil and gas committee due to suspicions of corruption related to the employment of workers in the oil fields.

Maliki concluded his statements by stressing that he would not back down from his position until these issues were dealt with seriously and the suspicions of corruption related to the employment of workers in the oil fields were investigated, which he described as being marred by many suspicions of corruption and requiring a comprehensive review and investigation.  LINK

New Agreement Between Integrity And Interior In The Field Of Combating Corruption

Local  2024-08-29 |Source:  Alsumaria News  Alsumaria News – Local  The Chairman of the Federal Integrity Commission, Judge Haider Hanoun, praised the close cooperation between the Commission and the Ministry of Interior, describing the Ministry as a safety valve for the citizen and the one who is keen on implementing the law.

Judge Haider Hanoun, during his reception of the Minister of Interior, Abdul Amir Al-Shammari, noted that the efforts to combat corruption are not individual or limited to one institution over another, explaining that these efforts result from collective and joint work, and the Ministry of Interior is “the spearhead in the battle to combat corruption.”

The Chairman of the Commission praised the Arab and International Police Directorate (Interpol) for its great efforts and high level of coordination and cooperation with the Integrity Commission, especially in the file of retrieving those wanted in corruption cases, noting that the work of the Directorate within the efforts to pursue the corrupt and attempt to return them to the country is great, and is considered the “unknown soldier” of the Ministry of Interior.

For his part, the Minister of Interior, Abdul Amir Al-Shammari, expressed his full support for the Commission in all its aspects in its relentless efforts to cleanse state institutions from the clutches of corruption, pointing out that security stability contributes to the existence of achievements in combating corruption and enhancing integrity, and in raising the level of services provided to citizens.

According to the Integrity Commission statement, an agreement was reached between the two parties to hold courses, workshops and educational seminars in the field of combating corruption, preserving public money and the ethics of public service for members of the Ministry, in addition to basic courses for officers in the Interior.  LINK

The Center For Banking Studies Concludes The Specialized Certificates Program Accredited In The Kurdistan Region Of Iraq

 August 28, 2024   The Center for Banking Studies concludes the specialized certificates program accredited in the Kurdistan region of Iraq News-172483735911343  https://cbi.iq/static/uploads/news-172483735911343.jpg

     The Center for Banking Studies at the Central Bank of Iraq concluded the specialized certificate program (certified credit analyst) and (certified risk management expert) in cooperation with the German Organization for International Cooperation (GIZ) and the project to strengthen public financial management and financial markets in Iraq (FFM) in the Kurdistan region of Iraq. For the period from 11 – 22/8/2024.

    The program aims to grant accredited professional certificates, which are presented by experts and specialists in financial and banking issues and under the direct supervision of the University of Frankfurt.

     This comes within the framework of the efforts of the Center for Banking Studies to develop the skills of banking cadres in all Iraqi governorates.

     It is noteworthy that the program continues to provide these courses to those wishing to obtain them and in all governorates of Iraq, as participation in the approved specialized certificates program is done by calling the numbers 07734902775 / 07738473787 / 07822246055 and email [email protected].  Central Bank of Iraq  Media office  https://cbi.iq/news/view/2657

The Digital Platform For Financial Efficiency Books, Financing Plans And Controls

 Based on the Central Bank of Iraq Law No. (56) of 2004, as the sectoral body supervising the work of all licensed financial institutions, and within the framework of this bank’s direction to automate the work of the banking sector, as well as to support government efforts in implementing its contracts, a digital platform was created that includes the development of a new mechanism.

To issue (financial efficiency books and financing plans books) from all licensed banks, and their controls..For more click here  https://cbi.iq/static/uploads/up/file-172483397111723.pdf  *     https://cbi.iq/news/view/2656