100 m. dinars fine for not declaring official financial assets

Saturday, August 13, 2016 6:10 AM

Arbil/ Iraq TradeLink:

Kurdish Integrity Commission warned the officials who did not declare their official assets with fines that will reach to 100 million Iraqi dinars.

This is the final ultimatum for the Kurdish governmental officials, as officially reported.

The fines will range between 3-100 million Iraqi dinars, the Commission stated.

The warning was sent to governmental officials through the Kurdish Cabinet.

Observers believe that combating corruption in the Kurdish region is "too late".

Corruption in Iraqi became a "light" word in the terminology of the state, while others describe the case as "blunder or looting".