Setting up a mechanism to ensure the protection of Iraqi funds abroad
BAGHDAD - morning
Completed the Special Commission charged with developing mechanisms to ensure the protection of Iraqi funds held abroad after the mandate of the Development Fund for Iraq money (DFI), its work in preparing the final report preparation for submission to the Council of Ministers.
A statement issued by the Office of the Deputy Prime Minister Nuri Shaways Rose:
The Committee, chaired by Shaways reached after a series of meetings to draft a preliminary report includes the provision of a work plan and timetable to ensure that the transition mechanism subsequent to the Development Fund for Iraq by the end of the year.
The project also includes a plan to consider the debt and reparations claims inherited from the dictatorial regime and the liquidation of its files and committee will report to the Council of Ministers to be approved and submitted to the UN Security Council through the Committee on the Iraqi financial experts prior to the date when the first of next April in implementation of paragraphs (4.5) of Council resolution Security 1905.
The statement noted that the committee considers the draft report contained in the current proposals and recommendations can be fulfilled at the present time the obligations of Iraq over the UN Security Council resolution to complete the rest of the procedures and obligations of the Government in the coming months.
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