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Security13:19 · 12m ago

Iraq Seizes $17 Million Hidden by Former Oil Official in Corruption Probe

Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English

Iraqi authorities recently uncovered a massive corruption scheme involving Adnan Al-Jumaili, a former senior official in the Ministry of Oil, who was arrested last month. Investigators seized 25 billion Iraqi dinars (approximately $17 million), $200,000 in cash, and 4 kilograms of gold jewelry during raids on his properties. The money was hidden in unusual places, including inside concrete walls of several houses and large water tanks. Officials revealed that some funds were transferred to other individuals, while the rest remained concealed in various hiding spots linked to the case.

This investigation is part of a broader government campaign against entrenched corruption that has plagued Iraq's political system for years. Since taking office in May, Prime Minister Ali Al-Zaydi has pledged to combat corruption and mismanagement that have severely impacted the country. Earlier this month, authorities reported confiscating assets worth over $85 million related to the same case. Additionally, the judiciary previously seized more than $14 million and billions of dinars from another senior oil ministry official.

The ongoing crackdown reflects Iraq's intensified efforts to address systemic corruption within its government institutions, particularly in the oil sector, which is vital to the nation's economy. The authorities continue to investigate and recover illicit assets as part of this wide-ranging anti-corruption drive.

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