DELTA POSTED THAT CBI HAS 30 DAYS THAT THEY HAVE TO POST EXCHANGE RATE ACCORDING TO THEIR CONSTITUTION. ACCORDING TO FRANK'S M CC THEY TOOK THEIR RATE OFF ON 31 DEC. SO NOW THAT WE HAVE PASSED THE 30 DAYS AND THEY HAVE NOT POSTED A RATE THEY ARE IN VIOLATION OF THEIR CONSTITUTION.
MY QUESTION IS THIS: DOES THAT THEN GIVE T THE GO AHEAD TO TAKE THE OIL? WHAT IS THE CONSEQUENCE OF THEM NOT POSTING THE RATE?
Frank26 » January 31st, 2017
IMO ............... Go by when they showed YOU............ January 4th 2017.
Evenstar » January 31st, 2017
Evenstar » January 31st, 2017
So.......maybe the 30 days isnt really up until Feb. 4th...........thats a very interesting thought......and that would be this up-coming Saturday.......hmmmmmmm.....Arnt all the banks in the world closed for a couple hours Saturday sometime.....nice coincidence...
Frank26 » January 31st, 2017
Frank26 » January 31st, 2017
BRAVO LONESTARCOWBOY !!! Large movements of Money into Iraq.......
LoneStarCowboy » January 31st, 2017
LoneStarCowboy » January 31st, 2017
IBBC Welcomes Five New Members
January 25, 2017
The end of 2016 saw several new members join the Iraq Britain Business Council (IBBC), each of which are underpinned by strong reputations for innovation, reliability and a commitment to investing in Iraq.
GE, Khudairi Group, Pell Frischmann, Petronas and Siemens join 51 other world- and region-leading companies that form IBBC’s Council of Members.
“IBBC warmly welcomes the addition of these five world-class companies to our membership,” IBBC Managing Director Christophe Michels says. “We greatly look forward to working closely with them and supporting them with the important work they are doing in Iraq.”
New members
GE has operated in Iraq for over 40 years. The world-leading company has three offices around the country – in Baghdad, Erbil and Basrah – which are manned by 120 staff. GE supports the country’s infrastructure needs in power generation, oil and gas and water processing, as well as in healthcare and aviation.
The Khudairi Group is a leading provider of services to the oil and gas, engineering and construction industries in Iraq. It is owned and run by the Khudairi family, one of the country’s most prominent commercial families. The company is active throughout Iraq across six primary business units: Engineering, Procurement and Construction; Oilfield Supply and Services; Heavy Machinery Dealership; Heavy Machinery Rentals; Distribution and FMCG Distribution.
Siemens provides solutions to help tackle the world’s major challenges, focusing on electrification, automation and digitalisation. In March 2016, the company signed a Memorandum of Understanding with the Government of Iraq, in collaboration with the Ministries of Electricity and Oil & Gas, to support the development and optimisation of the country’s power generation and grid infrastructure including power generation mix.
Pell Frischmann is one of the UK’s leading firms of consulting engineers, with major operations throughout Europe, the Middle East and Asia. The company has been working in Iraq since 2004. Its projects include the Mid-Western Water Supply Project, one of the biggest rebuilding projects in Iraq. In 2006, the firm received the Queen’s Award for Enterprise for its work in the reconstruction Iraq.
Established in 1974, Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500. It operates in Iraq under the name PETRONAS Carigali Iraq Holding B.V. Activities the company has been involved in developing the Garraf, Halfaya, Majnoon and Badra oil fields.
http://www.iraq-businessnews.com/tag/general-electric/
Tank » January 31st, 2017
January 25, 2017
The end of 2016 saw several new members join the Iraq Britain Business Council (IBBC), each of which are underpinned by strong reputations for innovation, reliability and a commitment to investing in Iraq.
GE, Khudairi Group, Pell Frischmann, Petronas and Siemens join 51 other world- and region-leading companies that form IBBC’s Council of Members.
“IBBC warmly welcomes the addition of these five world-class companies to our membership,” IBBC Managing Director Christophe Michels says. “We greatly look forward to working closely with them and supporting them with the important work they are doing in Iraq.”
New members
GE has operated in Iraq for over 40 years. The world-leading company has three offices around the country – in Baghdad, Erbil and Basrah – which are manned by 120 staff. GE supports the country’s infrastructure needs in power generation, oil and gas and water processing, as well as in healthcare and aviation.
The Khudairi Group is a leading provider of services to the oil and gas, engineering and construction industries in Iraq. It is owned and run by the Khudairi family, one of the country’s most prominent commercial families. The company is active throughout Iraq across six primary business units: Engineering, Procurement and Construction; Oilfield Supply and Services; Heavy Machinery Dealership; Heavy Machinery Rentals; Distribution and FMCG Distribution.
Siemens provides solutions to help tackle the world’s major challenges, focusing on electrification, automation and digitalisation. In March 2016, the company signed a Memorandum of Understanding with the Government of Iraq, in collaboration with the Ministries of Electricity and Oil & Gas, to support the development and optimisation of the country’s power generation and grid infrastructure including power generation mix.
Pell Frischmann is one of the UK’s leading firms of consulting engineers, with major operations throughout Europe, the Middle East and Asia. The company has been working in Iraq since 2004. Its projects include the Mid-Western Water Supply Project, one of the biggest rebuilding projects in Iraq. In 2006, the firm received the Queen’s Award for Enterprise for its work in the reconstruction Iraq.
Established in 1974, Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500. It operates in Iraq under the name PETRONAS Carigali Iraq Holding B.V. Activities the company has been involved in developing the Garraf, Halfaya, Majnoon and Badra oil fields.
http://www.iraq-businessnews.com/tag/general-electric/
Tank » January 31st, 2017
Ran across this... https://youtu.be/4S6RzXd4GNY
Tank » January 31st, 2017
Tank » January 31st, 2017
So, the Iraq 2017 budget was claimed to be 100T IQD ($87B USD) right?
In this clip (at the end) Trump said to Hannity "At a minimum, Iraq should pay us back $1.5T (USD) ..."
So, I ask myself..."self, how are they going to pay back "at minimum $1.5T USD" ?" Then self replies "Well, they (Trump) must know something that we (the general public) do not know, what could that be?" https://youtu.be/xHClGQiNgks
Stevep99 » January 31st, 2017
In this clip (at the end) Trump said to Hannity "At a minimum, Iraq should pay us back $1.5T (USD) ..."
So, I ask myself..."self, how are they going to pay back "at minimum $1.5T USD" ?" Then self replies "Well, they (Trump) must know something that we (the general public) do not know, what could that be?" https://youtu.be/xHClGQiNgks
Stevep99 » January 31st, 2017
WOW...more truth spoken...he knew very well...not sure of date...prior to 2012 IMO...called what would happen when we left in 2014!! AWESOME Tank!!
Don961 » January 31st, 2017
Don961 » January 31st, 2017
GMT 14:00 2017 Althelaia January 31GMT 12:39 2017
Althelaia January31:Last Updated
Retrieval of two billion dollars of the money wasted and stolen
Hauling 143 ministers and accountable to the Iraqi judiciary on charges of corruption
Dr. Osama Mahdi
BAGHDAD: unveiled in Baghdad today for the assignment of 143 senior official , including 16 ministers or from the rank shall be fixed to the courts in corruption cases over the past year in addition to the recovery of about two billion dollars of public funds and the issuance of 3198 an arrest warrant for the accused of corruption carried out of which 836 is just.
The head of the Iraqi Commission on Public Integrity Hassan Yassiri during a press conference in Baghdad on Tuesday and I followed "Elaf" that the commission was able during 2016 to resolve (13863) communication, news, related to the issue of criminal corruption cases recording an average completion rate of 77 percent.
He said that the resolution of complaints received its ratio during the same year was 100% and so decisively all communications in 2001 of a communication issue.
He Yasiri during the presentation of the annual report of the activity of the Commission last year that the commission referred the 3243 news of corruption cases to justice, recording an average completion rate of 77%, and the issues of penal (8619) 73% of the total 11,825 criminal case body referred to the competent court.
Refer the accused to the courts in 2512 on corruption charges
He noted that the number of accused transferred to the Tribunal during the same year amounted to (2512), accusing them 16 ministers and their grade of ministers, where issued against them 22 decision to reference while the number of Referred reached the elimination of special grades and general managers 127 defendants issued against them 191 resolution.
He stressed that the investigation body led to the issuing judicial authorities to issue (3198) catch is, do them 836 order, has not carried out the competent authorities of third-party law enforcement (782) is of them by completion rate of 52%, calling on the authorities to the need to adhere to the implementation of service orders the public interest and in tune with the reforms demanded by everyone.
Yasiri also revealed that public funds that managed body through preventive measures Awalrdeih He said the Commission was able to stop the wastage or retrieval, or were ordered its response more than a trillion and 627 billion dinars ($ billion) and more than 822 dollars 1.95 million euros, adding that the sum of those amounts Iraqi dinar is Trliunin and a half trillion Iraqi dinars (about two billion dollars) deposited in the state treasury over the past year.
He said the issuance of 31 arrest warrants against 16 ministers and rank shall be fixed, and (184) arrest warrant against 84 senior officials and directors-general and of them are still in a position of responsibility.
He pointed out that the number of audit criminal cases that emerged from the work of field teams investigative body that is familiar reached (31) issue of penal judiciary issued arrest tens of recruitment and warrants for senior leaders in those institutions.
He explained that the work of these teams included the ministries of justice, agriculture, health and the Iraqi Trade Bank, as well as authored roving teams of inspection kept secret in the ministries of transport, finance, industry, labor and immigration, education, construction and housing in addition to the institution of political prisoners to monitor the performance of (46) administration in those ministries to make sure the service provided to citizens level through (134) inspection visit carried out by those teams.
The Integrity Commission announced in 2015 that the lack of domestic legislation and the different international regimes most important obstacles that prevent the recovery of stolen money, pointing out that Iraqi funds located in the states to be retrieved amounting to one trillion and 14 billion dinars (about US $ billion).
Last week, Transparency International said that Iraq was found among the ten countries globally and six Arabs the most corrupt in the world and stressed the need for an effective political will to fight corruption and put an end to pressure on activists and the whistleblower and the independence of the judiciary in order to corrupt accountable and recover stolen funds.
The organization added in the report, seen by "Elaf" last Thursday that 6 of the top 10 most corrupt countries in the Arab world is Syria, Iraq, Somalia, Sudan, Yemen and Libya due to political instability and internal conflicts, wars and terrorism challenges.
The organization pointed out that the challenges are many and varying degrees in the Arab region by states but can shorten the need for a transparent, effective systems to ensure accountability and called for an end to political corruption, which is a key factor in the spread of corruption.
Also stressed the need for an effective political will to achieve international obligations according to international conventions and commitments to countries within the goals of sustainable development and to ensure the right to freedom of opinion and expression, accountability and an end to pressure on activists and the whistleblower and civil society institutions and the independence of the judiciary in order to corrupt accountable and recover stolen funds.
http://elaph.com/Web/News/2017.....31794.html
Althelaia January31:Last Updated
Retrieval of two billion dollars of the money wasted and stolen
Hauling 143 ministers and accountable to the Iraqi judiciary on charges of corruption
Dr. Osama Mahdi
BAGHDAD: unveiled in Baghdad today for the assignment of 143 senior official , including 16 ministers or from the rank shall be fixed to the courts in corruption cases over the past year in addition to the recovery of about two billion dollars of public funds and the issuance of 3198 an arrest warrant for the accused of corruption carried out of which 836 is just.
The head of the Iraqi Commission on Public Integrity Hassan Yassiri during a press conference in Baghdad on Tuesday and I followed "Elaf" that the commission was able during 2016 to resolve (13863) communication, news, related to the issue of criminal corruption cases recording an average completion rate of 77 percent.
He said that the resolution of complaints received its ratio during the same year was 100% and so decisively all communications in 2001 of a communication issue.
He Yasiri during the presentation of the annual report of the activity of the Commission last year that the commission referred the 3243 news of corruption cases to justice, recording an average completion rate of 77%, and the issues of penal (8619) 73% of the total 11,825 criminal case body referred to the competent court.
Refer the accused to the courts in 2512 on corruption charges
He noted that the number of accused transferred to the Tribunal during the same year amounted to (2512), accusing them 16 ministers and their grade of ministers, where issued against them 22 decision to reference while the number of Referred reached the elimination of special grades and general managers 127 defendants issued against them 191 resolution.
He stressed that the investigation body led to the issuing judicial authorities to issue (3198) catch is, do them 836 order, has not carried out the competent authorities of third-party law enforcement (782) is of them by completion rate of 52%, calling on the authorities to the need to adhere to the implementation of service orders the public interest and in tune with the reforms demanded by everyone.
Yasiri also revealed that public funds that managed body through preventive measures Awalrdeih He said the Commission was able to stop the wastage or retrieval, or were ordered its response more than a trillion and 627 billion dinars ($ billion) and more than 822 dollars 1.95 million euros, adding that the sum of those amounts Iraqi dinar is Trliunin and a half trillion Iraqi dinars (about two billion dollars) deposited in the state treasury over the past year.
He said the issuance of 31 arrest warrants against 16 ministers and rank shall be fixed, and (184) arrest warrant against 84 senior officials and directors-general and of them are still in a position of responsibility.
He pointed out that the number of audit criminal cases that emerged from the work of field teams investigative body that is familiar reached (31) issue of penal judiciary issued arrest tens of recruitment and warrants for senior leaders in those institutions.
He explained that the work of these teams included the ministries of justice, agriculture, health and the Iraqi Trade Bank, as well as authored roving teams of inspection kept secret in the ministries of transport, finance, industry, labor and immigration, education, construction and housing in addition to the institution of political prisoners to monitor the performance of (46) administration in those ministries to make sure the service provided to citizens level through (134) inspection visit carried out by those teams.
The Integrity Commission announced in 2015 that the lack of domestic legislation and the different international regimes most important obstacles that prevent the recovery of stolen money, pointing out that Iraqi funds located in the states to be retrieved amounting to one trillion and 14 billion dinars (about US $ billion).
Last week, Transparency International said that Iraq was found among the ten countries globally and six Arabs the most corrupt in the world and stressed the need for an effective political will to fight corruption and put an end to pressure on activists and the whistleblower and the independence of the judiciary in order to corrupt accountable and recover stolen funds.
The organization added in the report, seen by "Elaf" last Thursday that 6 of the top 10 most corrupt countries in the Arab world is Syria, Iraq, Somalia, Sudan, Yemen and Libya due to political instability and internal conflicts, wars and terrorism challenges.
The organization pointed out that the challenges are many and varying degrees in the Arab region by states but can shorten the need for a transparent, effective systems to ensure accountability and called for an end to political corruption, which is a key factor in the spread of corruption.
Also stressed the need for an effective political will to achieve international obligations according to international conventions and commitments to countries within the goals of sustainable development and to ensure the right to freedom of opinion and expression, accountability and an end to pressure on activists and the whistleblower and civil society institutions and the independence of the judiciary in order to corrupt accountable and recover stolen funds.
http://elaph.com/Web/News/2017.....31794.html