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[POLITICS] · Iraq · 4 sources

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Central Bank of Iraq orders asset seizure of 12 politicians

The Central Bank of Iraq has ordered the seizure of movable and immovable assets and the freezing of bank accounts belonging to 12 current and former politicians. This action is part of an ongoing anti-corruption investigation.

The decision, based on official documents dated August 26, includes former Iraqi Prime Ministerial Advisor Ibrahim Muhammed Abbas Ferec Sumeydayi and 11 members of parliament. The Central Bank has instructed all authorized banks, financial institutions, and relevant ministries to identify and freeze the assets of these individuals.

The directive follows a legal order from the Central Corruption Fighting Criminal Court Investigation Judge, which is part of the Karkh Court of Appeal in Baghdad. Banks are required to immediately report any discovered accounts or balances to the requesting authority.

Entities

Baghdad · Central Bank of Iraq · Central Corruption Fighting Criminal Court · Ibrahim Muhammed Abbas Ferec Sumeydayi

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