Integrity exposes network hiding property holdings
The Federal Integrity Commission has uncovered a network involved in the purchase of over 170 properties in Babil and Baghdad provinces, valued at multiple billions of dinars. These properties were registered under the names of other individuals, including relatives and friends, in order to conceal the actual ownership and mislead regulatory authorities. The head of the network, who works as a land registry director, along with nine other suspects, has been apprehended following investigations that included tracking initial information and retrieving some documents that the defendants had attempted to hide or destroy. The court has issued orders to arrest the suspects and the initial information, and investigations are ongoing in accordance with the law, in an effort to trace various property transactions and establish true ownership.
Notice: This Is an AI-Generated Summary
Comments (0)