Judge Hanoun requests the US Treasury's assistance in tracking Iraq's funds from the era of the previous regime[You must be registered and logged in to see this link.] |Today,[You must be registered and logged in to see this image.]
Baghdad today - Baghdad
Today, Sunday (December 10, 2023), the head of the Federal Integrity Commission, Judge Haider Hanoun, called on the US Treasury Department to help Iraq determine the fate of Iraqi funds before the year 2003.
The commission’s media stated in a statement received by “Baghdad Today” that “the head of the Federal Integrity Commission, Judge Haider Hanoun, and his accompanying delegation met with the Deputy Assistant Secretary of the US Treasury (Jesse Baker) to discuss the possibility of concluding a memorandum of understanding between the Iraq Money Recovery Fund and the US Treasury.”
Hanoun stressed, during the meeting that took place at the headquarters of the US Treasury, “Iraq’s need to help the Treasury, in order to reach the fate of Iraqi funds before 2003 related to the era of the previous regime, its symbols and front companies,” pointing out that “concluding an understanding agreement between the two parties will facilitate this and remove the obstacles.” And obstacles, if any.
Hanoun pointed out that "negotiating with the cronies of the former regime entails the need to lift the seizure of funds recovered from the American side," praising "the speed of the American side's response in this regard and its pledge to fully cooperate and as permitted by the laws."
For his part, (Jesse Baker) praised "the cooperation between the US Treasury and the Central Bank," pledging "to also cooperate with the Iraq Money Recovery Fund in tracking its funds during the era of the previous regime, in addition to its cooperation with the Central Bank to combat money laundering and terrorist financing, which requires concerted efforts." To confront these crimes and combat their advanced methods.”
It is noteworthy that the Iraq Money Recovery Fund, which was established under Law No. (9 of 2012) (amended), aims to recover the financial rights of Iraq that were obtained by others illegally. As a result of the misuse of the oil-for-food program, the blockade, smuggling, economic sabotage, or exploitation of the sanctions imposed on Iraq at the time; To achieve financial gains at the expense of the Iraqi people.