Central Bank Confiscates Funds of 12 Politicians

An article reported that the Central Bank of Iraq has decided to seize the funds of 12 prominent political figures, based on a judicial ruling related to corruption cases. The decision includes individuals such as former advisor to the Prime Minister, Ibrahim Al-Sumaydai, and deputies like Bahaa Al-Nouri, Ziyada Al-Janabi, and Alia Nusayf, among others. Banks and financial institutions have been instructed to freeze both movable and immovable assets of those targeted, and are required to notify the judiciary immediately upon discovering any assets belonging to them. This measure is part of a campaign to combat corruption and promote transparency within the financial sector.

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