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The President of the Republic submits a bill to recover the looted funds and hold the corrupt accountable

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The President of the Republic submits a bill to recover the looted funds and hold the corrupt accountable

President of the Republic Barham Salih
Money and business
Economy News - Baghdad


The President of the Republic, Barham Salih, announced, on Sunday, his intention to send The draft law on recovering the proceeds of corruption through a series of pre-emptive and deterrent measures, while noting that Iraq has lost a thousand billion dollars since 2003 due to corruption.

Saleh said in a special speech broadcast by state television and followed by "Al-Eqtisad News", that "the draft law of recovery The proceeds of corruption include practical, proactive and deterrent measures,” noting that

“the draft law includes subsequent steps to recover corruption funds.”

He added that "the law includes support for financial and supervisory institutions and activating their tools," noting that

"150 billion dollars were smuggled into the countries of the world." Through corruption deals."

He continued, "Corruption and terrorism are interlinked and one perpetuates the other, and because of them, a thousand young people have come out demanding an end to it."

Number of observations 556 Date of addition 05/23/2021

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