A deputy reveals the percentage of Iraqi funds smuggled abroad

A deputy reveals the percentage of Iraqi funds smuggled abroad

Wednesday 25 August 2021 | 10:56 am

A deputy reveals the percentage of Iraqi funds smuggled abroadRepresentative Fadel Al-Fatlawi revealed the percentage of Iraqi funds smuggled abroad. Al-Fatlawi asked, according to local media: “From 2003 until now, what is the amount of money that has been smuggled from hard currency out of Iraq?” He added, “The money that was smuggled out of Iraq is estimated at about 60% of it is money laundering, and this is something known to everyone, and the smuggled money is estimated at billions of dollars, which were laundered in twisted ways so that the source of that money is not known, not to mention the money smuggled in the time of the former regime.” You still don’t know where the money went or how much.” He stressed that “there must be a real will to recover the smuggled money outside Iraq and investigate this money, whatever its source and whoever the people who smuggled this money were,” noting that “Iraq today suffers from poor services.” He added, ”

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