Financial Crime World

IRAQ TAKES SIGNIFICANT STEP TOWARDS COMBATING FINANCIAL CRIMES

Baghdad, Iraq - November 27, 2023

The Government of Iraq has made a major stride towards combating financial crimes and promoting transparency and accountability with the launch of the Financial Investigations Handbook. This comprehensive guide is designed to equip Iraqi authorities with the necessary knowledge and techniques to effectively investigate financial irregularities and illicit activities.

Launch Ceremony Attended by High-Ranking Officials

The launch ceremony was attended by high-ranking officials from the Federal and Kurdistan Regional Governments, including the Presidents of the Federal and KRI Commissions of Integrity, as well as officials from the Ministries of Interior and the Central Bank of Iraq.

Key Figures in Attendance:

  • His Excellency Dr. Faeq Zaidan, Chief Justice of the Supreme Judicial Council
  • Mr. Auke Lootsma, UNDP Iraq Resident Representative

Comprehensive Guide to Financial Investigations

The Financial Investigations Handbook is a critical asset in Iraq’s pursuit of justice and the establishment of a robust financial system. It provides clear instructions and practical insights, empowering law enforcement agencies, auditors, and legal professionals to uncover hidden financial trails and expose corrupt practices.

Key Features of the Handbook:

  • Comprehensive guide to financial investigations
  • Clear instructions and practical insights
  • Empowers law enforcement agencies, auditors, and legal professionals

Collaborative Effort by UNDP Iraq and the US Government

The development of the Financial Investigations Handbook was made possible with the support of the United Nations Development Programme (UNDP) in Iraq, funded by the United States Government.

Supporting Statement:

“We commend the efforts of those who took part in developing the handbook,” said Mr. Lootsma. “We also thank them for their trust in engaging with UNDP throughout this collaborative process.”

A Tool for Addressing Corruption and Financial Crimes

The launch of the Financial Investigations Handbook sends a powerful message to Iraqi citizens and the international community that the country is determined to root out corruption and promote transparency and accountability.

Commitment to Sustainable Development:

By embracing this valuable resource, Iraq takes a significant step forward in its fight against financial crimes, reinforcing its commitment to the rule of law and promoting sustainable development.