A legal expert explains the mechanism of recovering the money of fugitive corrupt and holding them accountable
Last updated Sep 1, 2020
Al-Mustaqilla / - Legal expert Ali Al-Tamimi explained how to follow up the fugitive corrupt and the continuation of the smuggled money outside Iraq, indicating that the current situation requires Iraq to move towards recovering those funds and holding the corrupt accountable.
Al-Tamimi said in a press statement followed by Al-Mustaqilla today, Tuesday, that "the 2005 International Anti-Corruption Convention, which Iraq signed in 2007, allows him to request the United Nations to retrieve smuggled money as money laundering and financial corruption."
He added, "The current situation and the lack of a health facility to cope with the Karuna pandemic and the drop in oil prices necessitated Iraq to move towards recovering money and holding the corrupt accountable."
He explained that "Article 50 of the United Nations Charter requires states that fight terrorism placed under Chapter VII of the United Nations Charter to request economic assistance from the United Nations."
And he stated that “the terrorist ISIS has been placed under Chapter Seven according to UN Security Council Resolution No. 2170 of 2014, and various countries have declared their readiness for economic assistance to Iraq, including Britain, and therefore Iraq can request assistance from the international community and the United Nations to rebuild destroyed cities and confront the results of the war against terrorism. In accordance with what we offer and recover the smuggled funds estimated at $500 billion.