BAGHDAD, Nov 28 — Iraq has recovered “part” of US$2.5 billion (RM11.2 billion) in general public funds fraudulently withdrawn from a governing administration account, the prime minister explained Sunday, contacting on guilty get-togethers to hand them selves in and return all the dollars.
Mohammed Shia al-Sudani mentioned a rich businessman implicated in the theft from tax authorities experienced specified again US$125 million out of much more than US$1 billion that he “confessed” to owning received.
Businessman Nour Zuhair Jassem will be topic to an property freeze and introduced on problem of recovering the remaining cash within just two months, Sudani added.
The scandal has provoked widespread ire in Iraq, an oil-prosperous nation ravaged by endemic corruption.
According to a doc from the country’s tax authority, the colossal sum was allegedly expropriated concerning September 2021 and August this year as a result of 247 cheques cashed by 5 enterprises.
The cash was subsequently withdrawn from the companies’ accounts, the doc confirmed.
The owners of those accounts — most of whom are on the operate — are subject to arrest warrants.
“The qualified authorities have been capable to retrieve a to start with tranche amounting to 182.6 billion Iraqi dinars,” equating to a lot more than US$125 million, Sudani explained.
His responses came for the duration of a reside handle, and he was flanked by piles of banknotes stacked in deals.
Jassem was arrested late final thirty day period at Baghdad airport when he experimented with to depart the country on a private jet, authorities said at the time.
The key minister said the judiciary experienced achieved an agreement with the accused that he return all the funds.
One more suspect, who was arrested in Iraq’s autonomous Kurdistan area, is the subject matter of proceedings to transfer him to Baghdad.
“We simply call on all the suspects subject to arrest warrants in this circumstance to hand on their own in and hand back again the stolen funds,” the key minister stated.
“Arresting the robbers and these who aided them is incredibly critical,” Sudani included.
“But the most significant issue is the return of the resources. What does it subject if so and so is in prison if the (US$2.5 billion) is not in the state’s coffers?”
Tax officers and public bodies are implicated in the scandal, he claimed, incorporating that their identity “will be unveiled at the stop of the investigation”.
“We will spare no a single,” Sudani vowed.
The best echelons of electric power routinely evade accountability in Iraqi corruption situations. — AFP