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Economist: Iraq’s looted funds are more than $ 300 billion

Rocky

Rocky: Admin Assist; Posts : 278526
Join date : 2012-12-21

Post n°1

Economist: Iraq’s looted funds are more than $ 300 billion

by Rocky Wed 17 Mar 2021, 1:52 pm

[size=35][size=35]Economist: Iraq’s looted funds are more than $ 300 billion[/size]
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Economie

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2021-03-17 | 14:08
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Analyst and economic expert Hammam Al-Shamaa affirmed, today, Wednesday, that Iraq is able to recover its looted funds, provided the political will is present.

"It is possible to recover the money if there is a real political will and legal and financial cadres capable of working to recover it," Al-Shamaa said during his speech to Alsumaria News.

He explained, "It is difficult to know the exact size of the looted money, but there are estimates indicating that its size is around 300 billion dollars and may be more than that because the thieves have invested that money in real estate or other projects.
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Established in 2006 as a Community of Reality

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Economist: Iraq’s looted funds are more than $ 300 billion

Economist: Iraq’s looted funds are more than $ 300 billion

Economie

Analyst and economic expert Hammam Al-Shamaa affirmed, today, Wednesday, that Iraq is able to recover its looted funds, provided the political will is present.

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