The Federal Integrity Commission in Iraq has taken a significant step in the fight against corruption by returning over two billion dinars (approximately 1.5 million dollars) to the state treasury. This action comes as a result of investigations into corruption cases involving former state officials. The recovered funds represent a portion of the illicit gains and inflated funds associated with these cases.
In a press release, the Authority’s Government Information and Communications Office clarified that the money has been deposited into two bank accounts at Rafidain Bank, specifically the Defense Branch. This move ensures the transparency and accountability of the funds, as they are now under the control of the state treasury.
One notable case involves the technical advisor’s funds of the former Prime Minister’s office. The Authority has successfully retrieved 1.3 billion dinars, which represents a portion of the illicit gains and inflated funds associated with this particular case. This achievement highlights the commitment of the Federal Integrity Commission to holding individuals accountable for their corrupt actions.
Additionally, the Commission has managed to recover 775 million dinars, which were obtained as a bribe by the director of the Baghdad Governor’s Office from a foreign company. This bribe was given in exchange for transferring project contracts to certain companies. The Commission’s efforts have also led to the retrieval of approximately 25 million dinars from the rental proceeds of real estate owned by the wife of the former Director General of the General Authority for Taxes, who was also implicated in corruption.
The Federal Integrity Commission has been proactive in its fight against corruption, launching a campaign to investigate cases of illicit gains and inflated funds within various sectors of state institutions. The campaign began with a focus on the tax sector, which is often vulnerable to corruption. To ensure the proper handling of the recovered funds, the Commission has opened two accounts at Rafidain Bank, one in Iraqi dinars and the other in US dollars.
This recent action by the Federal Integrity Commission is a significant step forward in the battle against corruption in Iraq. By returning stolen funds to the state treasury, the Commission is sending a clear message that corruption will not be tolerated. These efforts contribute to the overall goal of promoting transparency, accountability, and good governance in the country.
It is important to recognize the challenges faced by the Federal Integrity Commission in its fight against corruption. Iraq, like many other countries, has its own unique set of laws, customs, and cultural norms that influence the perception and handling of corruption cases. The Commission’s actions must be contextualized within this framework to fully appreciate the significance of their achievements.
In conclusion, the Federal Integrity Commission’s successful recovery of over two billion dinars is a testament to their dedication and commitment to combating corruption in Iraq. By returning these funds to the state treasury, the Commission is taking a decisive step towards promoting transparency and accountability. This action serves as a reminder that no one is above the law and that the fight against corruption is an ongoing process that requires the collective effort of all stakeholders.
Source: TimesKuwait
