Al-Faheem Company file before Integrity Commission

The article reveals information about Al-Fahim Contracting and Investment Company’s files in Baghdad, where the company acquired large areas of land for the implementation of real estate and investment projects, including a residential project covering 69 dunams (approximately 172,500 square meters). The estimated value of the land is around 345 billion Iraqi dinars, based on a hypothetical price of two million dinars per square meter. Questions are raised regarding the company's financial obligations, especially concerning the payable taxes, which are estimated to be between 700 and 800 billion dinars, as well as the extent to which official authorities have adhered to legal procedures in granting land, transferring rights, and collecting taxes. The ongoing investigations also concern real estate partnerships, changes in project ownership, and the application of laws in property transactions, with a call to open a comprehensive investigation file by the Integrity Commission and oversight authorities.

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