Frozen Iraqi assets in banks worldwide...

August 31, 2009

Sami Atrushi: 30% of the frozen Iraqi funds go to companies that are identified by which ...

Estimated frozen Iraqi assets in banks worldwide billions of dollars, but the Iraqi government does not have an accurate count on those funds, unless it is determined by a number of companies, which are also deducted 30% of that money for themselves.

In the case of removing Iraq from Chapter VII of the Charter of the United Nations, the Iraqi government can claim their money frozen in these banks to some countries.

A member of the Finance Committee in the Iraqi parliament, Sami Atrushi in a statement to "Hawlati", "yet does not know the central bank and the Iraqi Ministry of Finance that the amount of Iraqi funds frozen by some countries."

Has been formed for this purpose by the Commission of the Ministry of Finance and the Central Bank and the Ministry of Foreign Affairs to monitor the count and the return of the frozen funds.

Atrushi said, "The Committee monitors the funds frozen by some countries with the money placed on behalf of the Baath regime and registered on behalf of other people, which constitute most of the funds frozen."

He stressed that the money will be in Iraq's imports in general and 17% of them will be the share of the Kurdistan Region.

It also pointed out that those countries with a debt to it by Iraq, but it's turned off 80% of them, but still 20% of that debt granted to those countries of Iraq's budget public.

On the amount of Iraqi debt, he said Atrushi "It is guessing about $ 500 billion."

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