Frozen funds recovered by Iraq

BAGHDAD (Reuters) – Treasury Secretary General Maher Hussain said on Sunday that the money actually recovered to the Iraqi state treasury amounted to nearly 950 billion Iraqi dinars, while referring to the recovery of 77 million dollars that were frozen abroad.

“The money that was actually recovered to the state treasury is about 950 billion Iraqi dinars,” Hussain told Iraq News, adding that “the Ministry of Finance in all its formations and sectors related to the money and how to preserve it.”

He added that “his office took precautionary measures prevented the waste of 90 billion Iraqi dinars,” noting that “the Office of the Inspector General was able to recover 77 million dollars were frozen in one of the banks abroad.”

He pointed out that “the work of the Office of the Inspector-General of the Ministry of Finance is related to four important issues are the investigation and comment and audit and assess performance.” He said that “there are funds recommended for the recovery of 854 billion dinars in addition to 146 million dollars, and this money will respond according to procedures and legal contexts.” Finished


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