Iraq Corruption Probe Uncovers Millions in Cash and Gold Bars

Iraqi authorities have recovered over $1.14 billion Iraqi dinars (approximately $873,000) in public funds linked to financial fraud and illegal money transfers abroad, according to a written statement from the Iraqi Supreme Judicial Council. The council emphasized its firm pursuit of legal action against irregular companies that caused public damage.

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Public funds amounting to 1 billion 143 million 847 thousand Iraqi dinars (approximately 873 thousand dollars) were recovered in the case related to financial fraud and illegal transfer of money abroad.

The investigation into a corruption case has yielded significant findings, with the investigating judge reporting new developments concerning the detained Deputy Minister for Liquidation Affairs at the Ministry of Oil, Adnan al-Jumaili. Searches in the Salah al-Din province uncovered hidden assets, including 13 billion Iraqi dinars (about $9.9 million) and $400,000 in cash, concealed in various locations. Additionally, 40 gold bars, each weighing 1 kilogram, and 5 kilograms of processed gold jewelry were seized.

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The legal follow-up on irregular companies that caused public damage is being carried out with determination.

The Supreme Judicial Council stated that judicial processes and reviews are ongoing to trace all proceeds of crime and identify other individuals involved. Recently, the Iraqi judiciary announced the detention of dozens of suspects in connection with the same case, including lawmakers whose immunity was lifted and other high-ranking public officials. Following confessions from Adnan al-Jumaili, who was arrested in early June, Iraqi security forces conducted raids on the homes of several senior politicians and members of parliament in Baghdad's Green Zone, arresting them on corruption charges.

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Following the tracing of proceeds of crime and searches, 13 billion Iraqi dinars (approximately 9.9 million dollars) and 400 thousand dollars in cash were seized in different locations in Salah al-Din province.

Prime Minister Mohammed Shia Al Sudani had previously pledged to tackle corruption. The ongoing investigations aim to dismantle corrupt networks and recover stolen public assets, signaling a renewed effort by the Iraqi government to address long-standing issues of graft and financial mismanagement.

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Judicial processes and reviews continue to identify all proceeds of crime and determine other perpetrators involved in the case.