The Iraq Money Recovery Fund promises “rewarding” rewards for cooperators and gives violators a “chance”

The Iraq Money Recovery Fund promises “rewarding” rewards for cooperators and gives violators a “chance”

2022-11-07 07:00

The Iraq Money Recovery Fund promises rewarding rewards for cooperators and gives violators a chanceShafaq News/ The Iraq Money Recovery Fund called, on Sunday, all citizens, whether inside Iraq or residing outside it; To cooperate in order to recover Iraq’s money and return it to the state treasury.

In a statement received by Shafaq News Agency, the fund promised the violators who cooperated with it to “exempt them from the amounts owed by them at a rate of (25%) and up to (5) million dollars of the recovered money as a maximum, pointing out that the fund’s board of directors grants a reward to the informant at a rate of (10%). ) provided that it does not exceed (5) million dollars of the recovered money, noting that in the case of multiple informants, the rewards will be distributed in specific proportions for each of them, and according to the role of each of them in recovering the money.

The fund clarified that it “is concerned with recovering the financial rights of the Republic of Iraq that were illegally obtained by others, as a result of misuse of the oil-for-food program, siege, smuggling, economic sabotage, or the exploitation of the sanctions imposed on Iraq at the time to achieve financial gains at the expense of the Iraqi people. Any compensation incurred by Iraq as a result of any legitimate and recognized decision, noting that it is not competent to receive complaints and reports of convicts or money smuggled as a result of corruption after 2003

shafaq.com