Today, Monday, the Parliamentary Legal Committee confirmed that there is a tendency to pass the corruption proceeds bill once a quorum is completed, indicating that the law includes the recovery of funds for those against whom judgments were issued in absentia or in presence.
Deputy Chairman of the Committee, Muhammad Al-Ghazi, told the Iraqi News Agency (INA), that "three parliamentary committees, namely (legal, financial and integrity), met with the Presidency of the Republic to agree on a law to recover corruption revenues and pass it within the House of Representatives during the coming period."
He added that "the law includes the recovery of funds from all those against whom judgments were issued in absentia or in attendance, and is considered corruption money to be recovered in cooperation with the State Funds Recovery Fund," noting that "the law arrived from the Presidency of the Republic to the Presidency of the House of Representatives, but so far it has not reached the Legal Committee to study it."
He stressed that "the law, upon its arrival at the Legal Committee, will be presented directly to the House of Representatives for the first reading and completion of the legislative procedures," explaining that "the Legal Committee is determined to pass the law once a quorum is completed in the House of Representatives."
The First Deputy Speaker of the House of Representatives, Hassan Al-Kaabi, announced, on the second of this June, that the money recovery law will give the supervisory and executive authorities broader powers to hold the spoilers accountable and prosecute the smuggled funds, calling on the representatives and parliamentary committees to continue their presence and intensify their efforts to legislate important laws.
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