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Iraqi Prime Minister Ali al-Zaidi has begun confronting armed factions on the economic front by pursuing companies and investments linked to them and investigating their sources of funding. His government has canceled three contracts with companies operating at Mosul airport. Al-Zaidi has also formed a security and intelligence committee, with the participation of the Integrity Commission, to verify reports of oil smuggling in Jurf al-Sakhar, in Babil province, where Iraq’s losses are estimated at around $3 billion a year. The strategy aims to bring economic activities linked to the factions under state oversight. A legal expert said that recovering money and property seized by people who have not been convicted would require new legislation from parliament.
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