[size=36]The Presidency of the Republic reveals a legal basis for the recovery of smuggled Iraqi funds[/size]
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, Adviser to the President of the Republic, Head of the Legislation Department in the Presidency of the Republic, Amir Al-Kinani, confirmed, on Saturday, that Iraq has a legal basis to recover its smuggled money, while noting that there are a number of laws that will be announced soon.
Al-Kinani said in a statement to the official agency, which was followed by "Mawazine News", that "Iraq has the legal basis to recover the funds, which is the United Nations Convention of 2002 ratified by Iraq by the Parliament and is now considered a national law."
He added, "Iraq has the Riyadh Agreement ratified by Iraq, and part of it is issued by the League of Arab States, which obliges all Arab countries to hand over criminals and money to Iraq in the event they are requested with an integrated file, and therefore the legal basis exists."
He pointed out that "the draft money recovery law sent by the Presidency of the Republic is a strengthening of the legislative system that monitors the movement of funds and people and their recovery," explaining that "in the Presidency of the Republic there is a legislative department and the speaker is the head of the department, and we usually use sector figures to write bills, and we have many laws. And we will announce it soon.” Ended 29/A43