Financial Crime World

IRAQ LAUNCHES FINANCIAL INVESTIGATIONS HANDBOOK TO COMBAT CRIMES AND ENSURE FINANCIAL INTEGRITY

A Significant Step Towards Combating Financial Crimes and Ensuring Financial Integrity in Iraq

Baghdad, Iraq - In a major development to combat financial crimes and ensure financial integrity, Iraq has launched the Financial Investigations Handbook. This handbook aims to enhance the effectiveness of financial investigations across the country.

Launch Ceremony

The launch ceremony was attended by high-ranking officials from the Federal and Kurdistan Regional Governments, as well as representatives from various institutions involved in the investigation and prosecution process.

Key Attendees

  • Dr. Faeq Zaidan, Chief Justice of the Supreme Judicial Council
  • Auke Lootsma, UNDP Iraq Resident Representative
  • Judge Kawa Fathi Maasom, President of the Prosecution Agency of the Kurdistan Region
  • Judge Abd Aljabar Azeez Hasan, Chief Justice of the Judicial Council of the Kurdistan Region

The Financial Investigations Handbook

The handbook is a comprehensive guide that provides clear instructions and practical insights for investigating financial irregularities and illicit activities. It empowers law enforcement agencies, auditors, and legal professionals to:

  • Uncover hidden financial trails
  • Expose corrupt practices
  • Ensure justice is served

Benefits of the Handbook

  • Enhances the effectiveness of financial investigations across the country
  • Provides clear instructions and practical insights for investigating financial irregularities and illicit activities
  • Empowers law enforcement agencies, auditors, and legal professionals to uncover hidden financial trails, expose corrupt practices, and ensure justice is served

Collaborative Effort

The handbook was developed through a collaborative effort involving representatives from 11 Iraqi institutions from the Federal and Kurdistan regions.

Partner Institutions

  • Representative institutions from the Federal and Kurdistan regions involved in the development of the handbook

Significance of the Launch

The launch of the Financial Investigations Handbook is a significant step forward in Iraq’s fight against corruption, reinforcing its commitment to transparency, accountability, and the rule of law.

Quotes

  • “This is a first of its kind, and I commend the efforts of those who took part in its development,” said Dr. Faeq Zaidan, Chief Justice of the Supreme Judicial Council.
  • “We commend the courage and persistence of those working in our 11 partner institutions on countering corruption, financial crimes, and money laundering,” said Auke Lootsma, UNDP Iraq Resident Representative.
  • “The handbook is a practical guide that unifies the financial investigation procedures applied by the judiciary and law enforcement authorities,” said Judge Kawa Fathi Maasom, President of the Prosecution Agency of the Kurdistan Region.
  • “By embracing this invaluable resource, Iraq takes a significant step forward in its fight against corruption,” said Judge Abd Aljabar Azeez Hasan, Chief Justice of the Judicial Council of the Kurdistan Region.

Conclusion

With its release, Iraq sends a powerful message to its citizens and the international community that it is determined to root out corruption. The Financial Investigations Handbook will enable Iraq to safeguard its financial integrity, attract foreign investment, and foster economic growth.