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الشرق الأوسط
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الشرق الأوسط

2026-11-01T16:39:06.000Z

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الشرق الأوسط

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Iraq Recovers 21.4bn IQD

Iraq Recovers 21.4bn IQD

A judge at Iraq’s Second Karkh Investigative Court announced the recovery of 21 billion and 424 million dinars (about $14.1 million) from two companies accused of fraudulently exploiting differences in the dollar exchange rate when transferring money abroad. The recovery comes as part of an anti-corruption campaign that has resulted in six-year prison sentences for MP Muthanna al-Samarrai and five-year sentences for MP Ziad al-Janabi. They were also ordered to repay 30 billion and 4 billion dinars, respectively. The former director general of the State Company for Oil Products Distribution was sentenced to eight years in prison. The former head of the Federal Commission of Integrity said the campaign had made progress in some cases, but remained limited and had not addressed cases involving currency and real-estate corruption, oil smuggling, and ghost employees to the same extent.

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