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Iraq trying to bring home $20billion of stolen money

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…by Rudaw, 8 hours ago

ERBIL, Kurdistan Region – A Kurdish lawmaker in Baghdad said on Thursday that $20 billion illegally taken out of the country has been discovered and efforts are underway to bring the cash back to Iraq.

“We discovered $6 billion of Iraq’s money in a basement in Lebanon and we are trying to bring it back through a US company,” Adil Nuri, a spokesperson for the Iraqi Commission of Integrity, told Rudaw.

Nuri said that the rest of the money went to some of Iraq’s other neighboring countries.

“The other $14 billion was found in other countries and we are now taking necessary legal measures to bring it back,” he revealed, adding, “which was illegally sent to UAE, Turkey, Iran, the USA and European countries.”

The lawmaker said that almost all the cash went missing from Iraq’s state funds during the time of former Prime Minister Nouri al-Maliki.

“During 8 years of Nuri al-Maliki’s rule in Iraq, nearly $360 billion in Iraq has gone missing,” Nuri claimed.

Iraq has been continually ranked by international agencies as one of the most corrupt countries in the world. In an early statement to Rudaw last October Nuri said that the courts in Baghdad had issued arrest warrants for 10 Iraqi ex-ministers for multibillion dollar embezzlement.


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Posted by on March 11, 2016, With 2834 Reads Filed under Investigations. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Responses to "Iraq trying to bring home $20billion of stolen money"

  1. alan colorado  March 11, 2016 at 7:57 am

    The top guys who made this big score had to sit on it too long because its getting very hard to unload piles of green paper. The monopoly money game is just about done forever and only wackos like Erdogan and Poroshenko will take them.

    • Poppadop  March 11, 2016 at 8:20 pm

      The term “monopoly money” is so misleading. The Monopoly board game does not have armed goons that murder people if they don’t use the game’s money; the Federal Reserve Notes do.

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