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Tishwash:  Source: The Ministry of Finance sent an invitation to the banks to resume their work after the holiday

A well-informed source revealed, today, Thursday, that there is a trend in the Ministry of Finance to invite all banks to resume their work immediately after the end of Eid Al-Adha days.

The source said (Baghdad today), that “Finance directed all banks to resume their work immediately after the end of the days of Eid al-Adha, and it may be Tuesday or Wednesday, to pump money and provide liquidity in the process of receiving employee salaries.”

And the source said, “There is a lack of liquidity that accompanied the employee’s receipt of his salary from yesterday to today, which has prompted some owners of the outlets offices to impose an increase in commissions and the exploitation of employees during the withdrawal of his salary, as well as a position to suspend ten days.   link

Tishwash:  The New York Times: America is accused of corruption in Iraq and controls billions of dollars

A New York Times report revealed that the corruption operations in Iraq on which new Iraqi political classes have arisen have been and will remain the responsibility of the United States, which has become accused of being responsible for it through its control of billions of dollars in oil imports through the Federal Reserve Fund.

“The ethics of that single corrupt political class is self-enrichment over the years, as this cross-sectarian gang has perfected fraud at all levels: routine misinformation of checkpoints, bank fraud, and embezzlement of government salaries,” the report said, translated by information.

He added that “the United States is deeply involved in this not only because of its repeated invasions that destroyed the country and destroyed the economy, but it also provides funds that support that corruption with the wink of American officials in self-dealing with the Iraqi allies.”

He continued that “the Federal Reserve in New York provides Iraq with at least $ 10 billion annually in hard currency from oil sales in the country. Much of that has been passed on to commercial banks in a process that has long been kidnapped by money-laundering gangs in Iraq .

The report pointed out that “it is not easy to estimate the full cost of what was stolen from Iraq , as the deals are done in cash, it is difficult to obtain documents and the government statistics are often not reliable.” However, available information indicates that Iraq He may have illegally exhausted his national wealth abroad more than any other country.

The report pointed out that “an older Iraqi statesman with long experience in the finance field compiled a confidential assessment of the Atlantic Council, an American research center, based on talks with bankers, investigators, and contacts in a variety of foreign countries.

He concluded that between $ 125 and $ 150 billion is owned by Iraqis abroad, most of them illegally acquired.

And that “that other estimates amount to 300 billion dollars, where he estimated that about 10 billion dollars of the stolen money is invested in London real estate alone. The full account extends beyond the financial bill to the damages to the culture and society of Iraq that were destroyed by this corruption. ”

“Iraqi political life may look like a guerrilla war with strangers, but its troubled surface hides in most days a quiet and pleasant act of plunder.

 In every government ministry, the largest spoils are allocated by unwritten agreement to one faction or another and sometimes newcomers find it difficult to adapt to this situation.

A former minister – a technician who spent decades abroad upon reaching office – discovered that his ministry was buying vaccines with a contract of $ 92 million and had found another way to purchase the same vaccines for less than $ 15 million. “Once I did, I faced a great deal of resistance, a fierce campaign against me, which forced me to resign after my family and I were threatened with death,” he said.

The report stressed that the “political leaders who head this graft are well known and some of them are loyal American allies, as the Barzani and Talabani families in Kurdistan used their control over the contracts of that region and their central bank to become very rich.”   link