Youssef Al-Kalabi, a member of the Iraqi Integrity Committee, made the announcement on Thursday that the second workshop aimed at improving the Law on Recovery of State Funds from Corrupt Individuals had come to an end.
“The law is considered one of the most important laws in the House of Representatives,” Al-Kalabi explained.
“The process of recovering, seizing, and accessing funds is addressed by this law,” he added. The Federal Board of Supreme Audit, the Supreme Judicial Council, the Integrity Commission, and the Bar Association are just a few of the numerous state institutions and departments that have sent representatives to the committee.
Al-Kalabi also said that the committee is working hard to pass the Law on the Recovery of Smuggled Funds, especially since some of the funds have been used to buy real estate, trade, and assets. It becomes clear that the corrupt individual’s funds have significantly increased when a recovery order is issued.”
“The House of Representatives has completed the first reading of the law and will submit a report to complete its second reading, with plans to vote on it before the end of the current legislative session,” the committee member confirmed.
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