Iraqi President: $150bn Smuggled from Iraq since 2003

By John Lee.

Iraqi President Barham Salih [Saleh] has claimed that an estimated $150 billion has been smuggled out of Iraq since 2003.

In a televised address, he said that this was from a total of close to $1 trillion in oil revenues.

He added:

"As I introduce a draft law to parliament to recover Iraqi funds lost to corruption and to hold corrupt figures accountable, I reiterate our call for the formation of an international coalition to combat corruption,a root cause of terrorism and scourge of Iraq's political economy."

(Source: @BarhamSalih)

One Response to Iraqi President: $150bn Smuggled from Iraq since 2003

  1. HADI MAHDI 28th May 2021 at 12:42 #

    The corruption is lead by government politicians and the parliament.

    https://www.occrp.org/en/investigations/the-rise-and-fall-of-a-us-oilman-in-iraq