Parliamentary Economy: The Iraqi Stock Exchange is money laundering and drugs

Parliamentary Economy: The Iraqi Stock Exchange is money laundering and drugs

2021-07-08

Parliamentary Economy - The Iraqi Stock Exchange is money laundering and drugsThe Parliamentary Committee on Economy and Investment accused the Iraq Stock Exchange, considering it a laundering of stolen money and drugs.

Committee member MP Hamid Al-Moussawi said in a press interview that “the Iraqi stock exchange is a laundering of stolen money and drugs,” calling on the government to “form a council to hold the Iraqi stock exchange accountable.”

Al-Moussawi added, “All successive and current governments were not serious about recovering the looted money,” noting that “some of the smuggled money went to countries that have good relations with Iraq.”

He pointed out that “more than 100 billion dollars were seized abroad, some of which were used to support terrorism,” noting that “the law submitted by the President of the Republic to recover the money did not achieve anything.”

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