Motionless diplomat to recover smuggled Iraqi funds

12/28/2014 0:00

Baghdad morning - Shaima Rashid
Parliamentary Legal Committee revealed motionless intensively for the government to recover Iraqi money that was seized illegally over the past years, as economic advisor to the Prime Minister stressed that the beginning of the year 2015 will see the resumption of an Iraqi effort to recover the money.

Legal Committee member Salim Shawki, pointed to the presence of intense diplomatic activity means the issue of recovery of funds frozen or seized in previous years, the government is doing as well as the prime minister involved in legal committees.

He said Shawki "morning", "The State has worked for a long time to recover this financial aid has already been retrieved many of them, but there is a problem facing the restoration of some particularly smuggled them," pointing out that "a lot of the money fled pseudonyms are especially difficult to recover in some Arab states and European countries such as Switzerland, which includes a lot of Iraqi funds in the form of property, farms and hotels under false names. "

He noted the presence of a member of the Commission statements of these funds and real estate, the state is working to restrict them to recover it.

Iraq recalled earlier in amounts of up to more than a billion dollars were frozen in international banks.

Meanwhile, economic advisor to the Prime Minister stressed the appearance of Mohammed Saleh said that next year will see the resumption of Iraqi international effort to recover all Iraqi money that was seized illegally.

Saleh said the "Center Brief for the Iraqi Media Network," "The government and the Commission to recover Iraqi money, that needed to large international effort of lawyers and consulting firms and global enterprises to investigate it," adding that Iraq has huge sums of money were seized illegally during the past thirty years ".

It is noteworthy that Iraq out of Chapter VII, which allowed him to work on the recovery of the frozen funds in foreign banks, and worked for years prior to extinguish the debt in the Paris Club as well as committed to his trust to pay much of the debt of the most important debt of Kuwait.

http://www.alsabaah.iq/ArticleShow.aspx?ID=83418