Mawazine News – Baghdad
The decision to prevent the sale of any property worth 100 million dinars or more, except through deposit in banks, came into force, as part of measures aimed at strengthening control over real estate sales and preventing money laundering.
This decision comes within the framework of the government’s effort to control the real estate market and achieve transparency in financial transactions, as it is required that deposits be made in local banks through bank accounts to document each transaction and ensure the progress of financial operations in accordance with the approved legal regulations.