An American journalist reveals a new scandal for the Barzani family.. “It owns 50 money laundering companies.”
An American journalist reveals a new scandal for the Barzani family.. “It owns 50 money laundering companies.”
6-1-2024
Information/translation..
A report on the iCord Daily website, on Saturday, written by the famous American journalist Michael Rubin, said that the Barzani people behind the scenes feel despair and frustration and their status in Washington has decreased, while it was revealed that the Barzani family owns 50 shell companies in the British Virgin Islands to launder money.
The report, translated by the Maalouma Agency, stated, “The arrogance of the son and potential heir to the throne, Masrour Barzani, towards National Security Council member Brett McGurk against the backdrop of the 2017 independence referendum, further antagonized the White House, and Masrour’s recent trip to Washington came against the backdrop of Despair over the 25 percent cut in US support for Peshmerga salaries, the White House and State Department reduced funding as both the Barzanis and the Taliban continued to treat the Peshmerga as personal militias rather than as a regional army.”
The report added, “Little American aid funds to the Peshmerga were actually going to security. At the height of the campaign against ISIS, Barzani reviewed the military equipment provided by the West in Erbil. Instead of sending it to the front, Masoud and Masrour Barzani mobilized it to strengthen their strength in the face of their Taliban rivals.”
The report continued, “While rumors of corruption surrounded the Barzani for a long time, Masoud and Masrour always refuted these rumors by saying that they were defamation and that their critics lacked evidence. Those days were over. When Masrour decided to ignore the lawsuit filed by the Kurdistan Victims Fund, he did not realize that his money man Sarwar Bidawi, who is currently facing his death due to a cancer diagnosis, and those close to him provided prosecutors with a truckload of documents related to the Barzani family’s finances.”
He stated that “the Bedway documents, which are now in a guarded vault, reveal the existence of more than 50 previously unknown shell companies established by the Barzanis in the British Virgin Islands and other tax and money-laundering havens.” He mentions, for example, how “the defendant Moxy Barzani [Masrour’s brother ] He owns a holding company in the British Virgin Islands, which owns Sylvania Fair Lake Limited in Washington, which in turn owns real estate in Mebane, North Carolina. Bidawi’s papers also reveal that Masrour is the director of Teague Holdings Limited, which was incorporated in the British Virgin Islands, and his younger brother, Wessi, also Barzani directs his funds through Barbosa Holdings Limited, which is also incorporated in the British Virgin Islands.”
The report explained that “the fictitious holding companies belonging to the Barzani family have implicated Americans, including the Undersecretary of the US Department of Defense or the Second Secretary of the Army, in cases related to corruption.”
The report noted, “With overwhelming evidence that the Barzani family has seized hundreds of millions, if not billions, of dollars in aid and assistance on behalf of foreign accounts and shell companies, the question then becomes why would any member of Congress urge increased investment in the Kurdistan Regional Government?” .
The report stressed, “As the Bidawi Papers continue to shed light on the inner workings of Barzani’s financial networks, it is imperative that Congress not only begin scrutinizing the funds provided to Iraqi Kurdistan. The Bidawi Papers depict a theft and embezzlement scheme that appears to include billions of dollars, and not only dozens of dollars are involved.” From Kurdish officials, and even a handful of Americans as well.”
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