Between industry, trade, transportation, and planning… shady deals devour billions of dollars
7-4-2026
Information / Special..
Former MP Yasser Al-Husseini confirmed on Saturday that there are many accumulated corruption files in ministries and government institutions that have caused the waste of trillions of dollars from the state treasury and the people’s money.
Al-Husseini told Al-Maalouma that “corruption in the Ministry of Industry is very serious, especially with regard to the mineral resources file,” explaining that “Iraq possesses mineral resources estimated to be worth about 15 trillion dollars, representing the wealth Read more…
“Operation Dawn” reaches America and Europe… Pursuing officials who own luxury residential complexes
2026-07-04
Shafaq News – Baghdad
On Saturday, informed government sources revealed details of the second phase of the campaign to pursue those involved in corruption cases, which includes pursuing real estate and residential complexes in the United States, Europe and Turkey belonging to officials, while indicating that this phase includes the Ministries of Health, Oil and Electricity.
Sources told Shafaq News Agency that “the second phase of the Dawn Campaign has completed all its legal Read more…
The Ministry of Justice announces the amount of recovered funds, real estate, bank accounts, and cooperating countries.
7-4-2026
The Ministry of Justice announced on Saturday the recovery of more than $25 million of looted Iraqi funds over the past two years. While indicating that there are legal actions underway in five countries to recover smuggled real estate and bank accounts, it confirmed winning international legal battles and the lifting of millions of dollars in asset freezes. Ministry spokesman Ahmed Laibi told the official news agency that “work is being carried out in coordination with the Federal Integrity Commission to recover looted Iraqi funds abroad through legal and judicial channels based on international agreements,” noting that Read more…
“The Hypermarket”: The Dagger Empire’s Gateway to Corruption Files
7-4-2026
Information/Baghdad…
Former MP Yasser Hashem revealed on Saturday a corruption case involving hypermarkets, confirming the involvement of a large number of prominent politicians, including the head of the Sovereignty Alliance, Khamis al-Khanjar.
Hashem told the Information Agency that “the money laundering operations carried out by Khamis al-Khanjar and his son Sarmad involve converting funds looted from the state budget and bribes into legitimate assets or circulating Read more…
The arrests reshuffle the cards… Will they postpone the formation of the government cabinet or redraw its equations?
7-4-2026
The political arena is witnessing a highly sensitive phase as negotiations continue to finalize Prime Minister Ali al-Zubaidi’s cabinet. The recent wave of arrests targeting several members of parliament and officials on corruption charges has cast a shadow over the understandings between political forces and the mechanisms for filling vacant ministerial posts, particularly those related to security and sovereign ministries. These developments coincided with ongoing disagreements within the Coordination Framework regarding Read more…
“The Government Cabinet”: 6 candidates compete for the Interior Ministry, and political committees decide on the vacant portfolios.
2026-07-04
Shafaq News – Baghdad
An informed source revealed on Saturday that the political forces that did not complete their share of the government cabinet, according to their electoral entitlement in the last parliamentary elections, have begun forming internal committees to sort and study the names of candidates to fill the ministries that fall within their government quotas.
The source told Shafaq News Agency that “the State of Law Coalition, led by Nouri al-Maliki, through its internal Read more…
Iraqi ports: Basra port receives second oil tanker in 24 hours via the Strait of Hormuz
2026-07-04
Shafaq News – Basra
A source in the General Company for Iraqi Ports reported on Saturday that the giant oil tanker (Barbados Prosperity) had arrived at the Basra oil port, where it is scheduled to be loaded with two million barrels of crude oil.
The source told Shafaq News Agency, “This tanker is the second to dock at the port in the past 24 hours, after the arrival of the tanker (Kuwait Prosperity) Read more…
Nechirvan Barzani congratulates Washington on “Independence Day” and affirms: Iraq’s stability hinges on protecting Kurdistan’s rights.
2026-07-04
Shafaq News – Erbil
Kurdistan Region President Nechirvan Barzani congratulated US President Donald Trump and the American people on Saturday on the 250th anniversary of the declaration of independence, stressing that Iraq’s stability is based on adherence to the constitution and the protection of the region’s rights.
Barzani said in a post on the “X” platform, which was followed by Shafaq News Agency, that: “The eternal American lesson is that freedom requires more than just power; it needs a constitution, institutions, a federal balance, and the consent of free peoples.” Read more…
By presidential decree, Al-Sudani and his government are referred to retirement
2026-07-04 02:34
Shafaq News – Baghdad
President Nizar Amidi issued a presidential decree ordering the retirement of former Prime Minister Mohammed Shia al-Sudani and members of his previous cabinet.
According to the information, the decree did not include the ministers who retained their portfolios in the current government formation, including Foreign Minister Fuad Hussein and Justice Minister Khalid Shawani.
Shafaq News Agency publishes the text of the first page of Republican Decree No. (24) issued in this regard: Read more…
Basra Oil Company directs the resumption of production and pumping at maximum capacity in three strategic fields
2026-07-04 03:08
Shafaq News – Basra
The Basra Oil Company’s operations department has directed the resumption of production and pumping at the maximum available production capacity in three major oil fields in the province, and a return to normal production levels.
According to an official letter issued by the company and signed by the Director of Operations, Imad Hassan Lafteh, which was obtained by Shafaq News Agency, the directive included the operating bodies of the (North Rumaila, West Qurna/1, and Artawi) fields, in addition to Read more…
Iraq increases its oil production as OPEC supplies recover in June
2026-07-04 03:34
Shafaq News – Baghdad
Oil markets saw a recovery in OPEC supplies during June, with Gulf states resuming pumping additional quantities after the disruptions that accompanied the Iran war and the de facto closure of the Strait of Hormuz. Iraq was among the countries that increased their oil production during the month.
OPEC production rose by 3.3 million barrels per day month-on-month to 19.43 million barrels per day, with Kuwait Read more…
Exclusive: No ministerial appointments accepted, and the formation of al-Zidi’s cabinet postponed until after Washington.
2026-07-04
Shafaq News – Baghdad
The Shiite Coordination Framework, on Saturday, linked the completion of the ministerial formation of Prime Minister Ali Faleh al-Zaidi’s government to the results of his upcoming visit to the United States, stressing that the vacant ministries will not be decided before his return from Washington.
MP Amer Al-Fayez, a leader in the coordination framework, told Shafaq News Agency that the House of Representatives will resume its work with the start of the new legislative session, with its first regular session to be held next Monday, but the vote Read more…
Exclusive: Nine government criteria for filling special-grade positions in Iraq
2026-07-04
Shafaq News – Baghdad
The Federal Public Service Council in Iraq confirmed on Saturday that the government is moving towards adopting “professional and national” standards in selecting those who occupy special grades, in order to enhance the efficiency of state institutions and consolidate the principles of good governance, at a time when the debate is renewed regarding the management of thousands of senior positions by proxy and the mechanisms for filling them.
Council spokesman Fadel al-Gharawi told Shafaq News Agency that the government is “keen to select special Read more…
Al-Zaydi stressed that there would be no leniency towards any corrupt individual “regardless of their affiliation” and thanked Al-Sadr, the judiciary, and parliament.
2026-07-04
Shafaq News – Baghdad
Prime Minister Ali Faleh al-Zaidi stressed on Saturday that there would be “no leniency with any corrupt person, regardless of their affiliation,” and that the government would continue to pursue those involved in these cases and recover the money they looted.
Al-Zaydi’s media office stated in a statement received by Shafaq News Agency that he visited the Ministry of Interior and chaired a meeting that included the ministry’s undersecretaries and senior Read more…
The Iraqi budget since 2003: Was the problem the amount of money or the way it was managed?
7-4-2026
Researcher Shatha Khalil
The national budget is a true reflection of a country’s economic policies. It not only reflects the size of revenues and expenditures but also reveals the level of transparency, the efficiency of public finance management, and the extent to which governments adhere to the principles of accountability and good governance. In rentier economies, such as Iraq, the budget acquires even greater importance because it represents the primary instrument for transforming oil wealth into development projects and investments capable of achieving sustainable growth.
Although the Iraqi Financial Management Law No. (6) of 2019 enshrined the principle of transparency and Read more…
Iraqi Dinar Guru opinions 7-3-2026
7-3-2026 Guest Guru Ariel The recent technical agreement between Baghdad and the KRG on ASYCUDA (Automated System for Customs Data) is a big quiet win for the sovereignty play…As of mid-2026, it’s unifying customs across federal and Kurdish borders, automating declarations, cutting smuggling windows, and forcing electronic payments…The full rollout across border crossings is accelerating. Pre-arrival declarations started late 2025, and the system is now biting into real-time tracking for oil, goods, and currency flows… This directly supports the cashless push by early July… Read more…
Judiciary: Fraudsters exploit Adnan al-Jumaili’s case to extort businessmen
2026-07-03
Shafaq News – Baghdad
The Iraqi judiciary revealed on Friday the existence of “fraudsters” who are trying to extort businessmen by exploiting the case of the detained Deputy Minister of Oil, Adnan al-Jumaili.
Judge Diaa Jaafar, the investigating judge of the Central Anti-Corruption Criminal Court, said in a statement received by Shafaq News Agency that “some fraudulent extortionists from several official and unofficial bodies are trying to exploit the circumstances Read more…
The cybercrime law tops the agenda of the first session after the parliamentary legislative recess.
2026-07-03
Shafaq News – Baghdad
The Iraqi parliament has set next Monday as the date for its first session of the second legislative term, with the Information Technology Crimes Law topping the agenda.
According to a document received by Shafaq News Agency, the session’s agenda includes the first reading of four draft laws: the draft law on information technology crimes, the draft law amending the law on the care of minors, the draft law amending the law on advocacy, and the draft law on financing the strengthening of Iraqi Read more…
The Prime Minister’s advisor reveals the truth about the public debt situation and the plan to diversify revenues.
2026/07/03
The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Friday that Iraq’s total public debt remains within manageable limits according to international standards, noting that government plans aim to raise non-oil revenues to 45% within ten years.
Saleh said in a press statement that “talking about the economy entering a danger zone when public debt exceeds 40% of public revenues should be read within a set of financial indicators, and not in isolation from them, because Read more…
The double destructive effect of hoarding money resulting from corruption
2026-07-03
Hoarding money is the act of keeping cash liquidity and freezing it away from circulation and investment (whether in homes or locked safes).
It is one of the phenomena that profoundly affects the structure of the economy and negatively impacts the movement of money in its natural cycle.
The most dangerous forms of hoarding:
The most dangerous form of hoarding is not that resulting from legitimate saving, but rather the hoarding of money obtained from financial and administrative corruption.
The corrupt person often cannot invest his money in a normal way for fear of revealing its illegal source, so he resorts Read more…
