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Tag: Iraqi Money

Integrity Commission will recover $87 Billion Iraqi Money from 55 Countries

Integrity Commission will recover $87 Billion Iraqi Money from 55 Countries

The Integrity Commission has confirmed Iraq’s attempt to collect amounts in surplus of 87 billion U.S dollars as an initial evaluation amount. It is due to 55 countries that had contracted with it prior to the Iraqi invasion of Kuwait to form a contract with similar value goods. The Head of Recovery Department at the Integrity Commission issued a press conference. He said, “Iraqi laws authorize 2 official bodies to recover Iraqi funds abroad, which is the money recovery fund…

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Iraq Can Manage Its Money Well; Economist

Iraq Can Manage Its Money Well; Economist

Majid, the economic expert at Iraq said that after lifting the sanctions of chapter vii of UNO, the Iraq is mature enough to control its money within and outside the boundaries of the country. It is also taking sufficient steps to protect its foreign funds. He said that foreign funds of Iraq are saved and under the direct control of Iraq now. According to him, there is no any security thread for Iraq internationally after the breach of contract with…

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