9/8/2020 8:25
{Baghdad _ Where News} The Integrity Commission allocated amounts of up to 50 billion dollars that were smuggled out of Iraq before the year 2003 by the men of the former regime, or they are already present in a number of countries.
The Director of the Recovery Department at the Integrity Commission, Muhammad Ali Muften, said in a press statement,“Among the important and complex files that the department is working on after the year 2003 are the files of recovering the convicts and the smuggled money of Iraq, whether they were smuggled during the era of the former regime, or that were smuggled after the events of the year. The aforementioned, due to administrative and financial corruption operations. "
He added that "the public funds outside Iraq before 2003 that the department allocated ranges between (40-50) billion dollars, and there are attempts to return it, especially after the creation of a detailed database of Iraqi funds deposited abroad before 2003, in a precedent that is the first in Iraq to organize such a base. Provides all information about those funds. "
In response to the nature of the department's procedures for recovering convicted persons and smuggled assets, Muften explained that “the recovery department has sought, since it began its work in 2014, to build international relations, prepare databases for smuggled funds and the countries in which they are likely to exist, and are considered safe havens for proceeds of corruption, indicating that investigations have been activated. On the money smuggled from inside Iraq, places of its deposit in the countries to which it was smuggled, and how to smuggle it, in addition to submitting requests for legal aid based on the United Nations Convention against Corruption and regional and bilateral agreements in order to seize these funds in preparation for their recovery.
alliraqnews.com
