Iraq Launches Handbook on Financial Investigations to Boost Combat Against Financial Crime

In a significant step towards combating financial crimes, Iraq has launched the Financial Investigations Handbook, a comprehensive guide designed to enhance the effectiveness of financial investigations throughout the country.

A Collaborative Effort

The handbook was developed in collaboration with the United Nations Development Programme (UNDP) and funded by the United States Government. It aims to equip Iraqi authorities with the necessary knowledge and techniques to effectively investigate financial irregularities and illicit activities.

Key Features of the Handbook

• Provides clear instructions and practical insights on how to uncover hidden financial trails, expose corrupt practices, and ensure justice is served.
• Equips Iraqi authorities with the necessary tools to combat money laundering and terrorism financing.

Launch Ceremony

The launch ceremony was attended by high-ranking officials from the Federal and Kurdistan Regional Government ministries of interior, commissions of integrity, boards of supreme audit, and anti-money laundering offices.

Commitment to Combating Financial Crime

Iraq’s success in confiscating assets generated from money laundering crimes is evidence of its commitment to combating financial crimes. The handbook is expected to become a critical asset in the country’s pursuit of accountability and the establishment of a robust financial system.

Quotes

• “This handbook is a significant milestone in Iraq’s efforts to combat financial crimes. It demonstrates our commitment to international standards for combating money laundering and terrorism financing.” - His Excellency Dr. Faeq Zaidan, Chief Justice of the Supreme Judicial Council
• “This is a first-of-its-kind initiative in Iraq, and we commend the efforts of those who took part in its development. We are proud to have supported this collaborative process, which has resulted in a practical guide that will help Iraqi authorities root out corruption and ensure financial integrity.” - Mr. Auke Lootsma, UNDP Iraq Resident Representative
• “We commend the courage and persistence of those working in our 11 partner institutions on countering corruption, financial crimes, and money laundering. We also thank them for their trust in engaging with UNDP throughout this collaborative process.” - Mr. Lootsma

Conclusion

The handbook is poised to become a beacon of hope for Iraq’s citizens and the international community, enabling the country to safeguard its financial integrity, attract foreign investment, and foster economic growth.

Contact Information

For media inquiries, please contact:

• Doreen Kansiime, Communications Specialist, Strategic Partnerships, Advocacy, and Communications, UNDP Iraq +9647866996115 | doreen.kansiime@undp.org
• Mr. Auke Lootsma, UNDP Iraq Resident Representative +964790123456 | auke.lootma@undp.org