Minister of Justice: There are difficulties in procedures of looted funds recovery.

  • 15-09-2021, 11:42
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    Justice Minister Salar Abd Mohamed said on Wednesday that there were difficulties in implementing the procedure of recovery of looted funds.

    He said in his speech during the conference of looted funds recovery held in Baghdad and attended by an Iraqi News Agency (INA) correspondent that “The conference aims to recover looted funds in cooperation with countries and confront the public money thieves,", noting that "although Iraq has joined the looted recovery agreement, there is a weakness of international efforts and lack of adequate action."
    He added that “There are difficulties in applying those procedure” stressing that “we have succeeded in eliminating terrorism, we must confront corruption, and looted funds must be recovered through bilateral and international agreements.”
    "Iraq does not know most of the money looted before 2003," he said, adding that "the role of the Ministry of Justice is to represent Iraq in international conferences, file lawsuits and return them to the state treasury."
    "The conference is an important message that the recovery of looted funds is of state concern, and we have refused not to recover them by the countries," he said, stressing that "Iraq is a country of 7,000 years civilization, capable of recovering its money and restoring it, and the government is determined to recover all its funds from abroad."