Gorran MP alleges $78bn removed from Iraq since 2016, including $12bn from Kurdistan Region[You must be registered and logged in to see this image.]
File Photo - Change Movement (Gorran) lawmaker Ali Hama Salih (File)
SULAIMANI — Change Movement (Gorran) lawmaker Ali Hama Salih on Tuesday (January 12) alleged that $78 billion has been withdrawn from 46 banks in Iraq and laundered abroad since March 2016, including $12 billion from four banks in the Kurdistan Region.
In a letter directed to Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani and Iraqi Prime Minister Mustafa al-Kadhimi, Hama Salih claimed to have evidence to support the allegations and argued that repatriating the money was a legitimate way to resolve the financial crises facing Erbil and Baghdad.
He said he was ready to assist Barzani and Kadhimi in their inquiries.
“An investigative committee needs be formed and coordination should be made with international agencies to return these funds,” the MP said.
Corruption is rampant in Iraq and the Kurdistan Region. In 2016, Iraqi officials estimated that between $300 billion and $350 billion had gone missing since 2003 to that point.
Those who speak out against the corrupt acts perpetrated by officials often face retaliation.
Last week, Penjwen Investigative Court urged the Kurdistan Parliament to [You must be registered and logged in to see this link.] Hama Salih’s parliamentary immunity for allegedly defaming officials in charge of Bashmakh border crossing. He had claimed that cross-border smuggling was taking place with their involvement.
Salih said on Tuesday that he is willing to go to court and [You must be registered and logged in to see this link.] his accusations about Bashmakh.
[You must be registered and logged in to see this link.]