Integrity: Two billion dollars will be recovered soon..disclosed by one of the former regime's affiliates

[yota691]

An unknown fate of the property of the former regime

Monday 20 June 2022 237

 

 Baghdad: Omar Abdul Latif

 

Parliamentary committees point to limited access to the truth about the revenues of the former regime's money that belonged to the Ministries of Finance and Foreign Affairs.

A member of the Integrity Committee in the House of Representatives, Alia Nassif, says that the Ministry of Foreign Affairs is reticent about the size of Iraqi property abroad.

Nassif said, in an interview with "Al-Sabah": "Foreign officials refrain from disclosing the fate of property abroad," noting that "the ministry prevents access to the original documents and documents related to these properties, in addition to the ministry's extreme secrecy, and we do not know the reason." .

She added, "A part of these properties and farms were transferred in strict secrecy so that there would be no shedding light on it to be an issue of public opinion. As for the other part, it was disposed of, and some of them distribute their investments and imports in agreement with companies belonging to the same parties that keep them secret, while some of them are Prepare to seize it.

Nassif indicated that Iraq "owns farms in the United States, Europe, Finland and Argentina, and when I addressed the Ministry of Foreign Affairs, it denied the existence of such properties in one day and closed the file completely," adding that "the Ministry of Commerce acknowledged the existence of these farms and sent accountants periodically to follow up the revenues, but it did not It shows where the revenue is going, and who the companies are acquiring."

Al-Sabah was unable to obtain an answer from an official in the Ministry of Foreign Affairs on the matter as a result of its refusal to make any statement.

A member of the Finance Committee, Jamal Cougar, supported his colleague's statement, indicating that the executive authorities do not open this file without knowing the motives.

Cougar explained, in an interview with "Al-Sabah", that "Iraq does not have an accurate statistic of its properties abroad, nor the real values of its resources."

He added that "these properties are very large, as most countries in the world have Iraqi properties during the previous regime," noting that "the issue is very important, but there are no real intentions to follow up on Iraqi funds abroad."

He alluded to "the executive authorities' repudiation of opening the file of Iraqi properties abroad," noting that "there is ambiguity in this file as a result of the transfer of these properties, or that influential parties in the authority have seized them," he said.

The deputy warned that "there are those who do not want this file to be opened, moved, or taken its natural course in the investigation and search for the origins of these properties," as he put it.

 

 Editing: Ali Abdel Khaleq

[yota691]

Integrity: Two billion dollars will be recovered soon..disclosed by one of the former regime's affiliates

08.15.2022 - 11:51

 

Baghdad - people  

The Federal Integrity Commission announced, on Monday, the imminent recovery of two billion dollars, while noting that some countries deliberately not cooperate in recovering Iraqi funds.  

 

  

  

The head of the Integrity Commission, Alaa Al-Saadi, said in a statement to the official agency, followed by "Nass" (August 15, 2022), that "there is a law to recover Iraq's money issued in 2012 and until 2019 was administered by the Ministry of Finance, after which the Integrity Commission took over its management," noting that "During this period, we gained the citizen's trust to report on Iraqi funds abroad by giving privileges to the informant."   

  

He added, "Most of the collaborators are the heirs of the violators of public money as a result of the privileges granted by the state and their inability to complete the official papers," noting that "one of the collaborators, who is a staunch of the former regime, showed details of funds totaling two billion dollars that will be recovered, as well as telling details about A lot of money, whether inside or outside the country.   

  

He explained, "Part of the countries deliberately refrain from not cooperating to recover Iraq's money, and we need the higher authorities to conclude agreements for the extradition of convicts and Iraqi money."   

  

Al-Saadi called "the higher authorities authorized to negotiate and contract with countries in order to recover funds abroad because most countries are not cooperating with Iraq to return its money." 

[yota691]

Iraq .. "Integrity" announces that it is close to recovering two billion dollars from abroad

 

Al Hurra - Dubai

August 15, 2022

 

 

Iraq announces it is close to recovering two billion dollars

Iraq came close to returning two billion dollars from abroad after the Federal Integrity Commission cooperated with a member of the former regime, without revealing the source of these funds.

The head of the Iraqi Integrity Commission, Alaa Al-Saadi, said in a statement to the Iraqi News Agency (INA), that the cooperation of a member of the former regime with them "resulted in the near recovery of two billion dollars," noting that "some countries deliberately not cooperate to recover Iraqi funds."

He added: "There is a law on the Iraq Money Recovery Fund issued in 2012 and until 2019 was managed by the Ministry of Finance, after which the Integrity Commission took over its administration," noting that "during this period, we gained the citizen's confidence to report on Iraqi funds abroad by giving privileges to the informant." ".

In April, the Iraqi Federal Integrity Commission announced that it had succeeded in recovering more than $9 million from Lebanese banks. 

Al-Saadi continued: "Most of the collaborators are the heirs of the trespassers of public money as a result of the privileges granted by the state, and their inability to complete the official papers," explaining that "part of the countries deliberately refrain from not cooperating to recover Iraq's money, and we need the higher authorities to conclude agreements to hand over convicts and Iraqi funds." ".

In March 2021, the Parliamentary Integrity Committee in Iraq revealed the smuggling of about 350 billion dollars from the public treasury during 17 years, that is, since the fall of Saddam Hussein's regime, which brings back to the front the file of corruption, especially after the Iraqi President, Barham Salih, announced his desire to activate the recovery initiative. This money looted from the budget of the Iraqi citizen. 

Al-Saadi called "the higher authorities authorized to negotiate and contract with countries in order to recover funds abroad, because most countries are not cooperating with Iraq to return its money."

Al Hurra - Dubai

[Hotcurl]

2 minutes ago, yota691 said:

Iraq .. "Integrity" announces that it is close to recovering two billion dollars from abroad

 

Al Hurra - Dubai

August 15, 2022

 

 

Iraq announces it is close to recovering two billion dollars

Iraq came close to returning two billion dollars from abroad after the Federal Integrity Commission cooperated with a member of the former regime, without revealing the source of these funds.

The head of the Iraqi Integrity Commission, Alaa Al-Saadi, said in a statement to the Iraqi News Agency (INA), that the cooperation of a member of the former regime with them "resulted in the near recovery of two billion dollars," noting that "some countries deliberately not cooperate to recover Iraqi funds."

He added: "There is a law on the Iraq Money Recovery Fund issued in 2012 and until 2019 was managed by the Ministry of Finance, after which the Integrity Commission took over its administration," noting that "during this period, we gained the citizen's confidence to report on Iraqi funds abroad by giving privileges to the informant." ".

In April, the Iraqi Federal Integrity Commission announced that it had succeeded in recovering more than $9 million from Lebanese banks. 

Al-Saadi continued: "Most of the collaborators are the heirs of the trespassers of public money as a result of the privileges granted by the state, and their inability to complete the official papers," explaining that "part of the countries deliberately refrain from not cooperating to recover Iraq's money, and we need the higher authorities to conclude agreements to hand over convicts and Iraqi funds." ".

In March 2021, the Parliamentary Integrity Committee in Iraq revealed the smuggling of about 350 billion dollars from the public treasury during 17 years, that is, since the fall of Saddam Hussein's regime, which brings back to the front the file of corruption, especially after the Iraqi President, Barham Salih, announced his desire to activate the recovery initiative. This money looted from the budget of the Iraqi citizen. 

Al-Saadi called "the higher authorities authorized to negotiate and contract with countries in order to recover funds abroad, because most countries are not cooperating with Iraq to return its money."

Al Hurra - Dubai

 

Hopefully, the majority of this "recovery" comes from Mr. Potato head ...............

Just sayin' ...................

Semper Fi 

 

[BETTYBOOP]

Hhhmmm... wonder if this part of the reason the finance minister resigned today. He has served in other goverments and departments