Latest topics
Iraq is preparing to formulate agreements with 3 countries to recover the looted funds
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Iraq is preparing to formulate agreements with 3 countries to recover the looted funds
09/29/2021
Economy News _ Baghdad
The Ministry of Justice revealed, on Wednesday, a government tendency to conclude agreements with 3 countries, to recover the looted funds, noting that these agreements will be concluded in accordance with the principle of "reciprocity."
The ministry's spokesman, Ahmed Laibi, said, "The conference to recover the looted funds is the first step in the way to recover these funds, noting that what this conference has resulted in is the tendency to conclude bilateral agreements with some countries that have funds inside Iraq, in exchange for funds demanded by the government. Iraqi".
He explained that "Iraq is drafting agreements with three countries, "Jordan, Egypt and Switzerland", which include the return of funds and lands seized by the former regime, in exchange for the recovery of frozen Iraqi funds in the name of intelligence figures in these countries."
He added, "The move towards recovering these funds comes through the lawsuit offices in the Ministry of Justice and the Fund for Recovering the Funds in the Integrity Commission, amid the desire of the regional and international parties to activate these agreements, ruling out the existence of accurate statistics on the amount of looted funds, ranging from 180 to 350 billion dollars."
The looted funds recovery conference, which was held in the middle of this month, came out with a number of important recommendations, the most prominent of which was the demand for the formation of an international pressure group; To work with the countries that are custodians of looted funds and assets, and whose refusal to cooperate is confirmed, in accordance with the provisions of Chapter V of the UN Convention against Corruption, in addition to the formation of international courts specialized in the issue of recovery, and the issuance of a bulletin on countries that refrain from providing assistance, as well as emphasizing the principle of Good faith in the implementation of international legal obligations in the field of recovering looted funds, and what is required to return illegally obtained funds and assets to the country requesting recovery.
https://economy-news.net/content.php?id=26453
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24270
Join date : 2015-02-19
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Today at 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej