Savaya Discusses Suspicious Financial Payments In Iraq With The US Treasury
January 15, 2026 London – Al-Zaman US envoy to Iraq Mark Savaya confirmed on Thursday that he had agreed with the US Treasury Department to conduct a comprehensive review of records of suspicious payments and financial transactions involving institutions, companies and individuals in Iraq.
“Today I met with the U.S. Treasury Department and the Office of Foreign Assets Control to discuss key challenges and reform opportunities in both state-owned and private banks, with a clear focus on strengthening financial governance, compliance, and corporate accountability,” Savaya said in a Facebook post.
He added, “We agreed to conduct a comprehensive review of suspicious payment records and financial transactions involving institutions, companies, and individuals in Iraq that are linked to smuggling, money laundering, and fraudulent financial contracts and projects that fund and enable terrorist activities.”
Savaya continued, “We also discussed the next steps regarding anticipated sanctions targeting malicious entities and networks that undermine financial integrity and state authority.”
The US envoy stated that “the relationship between Iraq and the United States has never been stronger than it is today under the leadership of President Donald Trump.” LINK
