Iraqi Judiciary Announces Total Funds Seized in Oil Refinery Corruption Case

ARK News.. The Iraqi judiciary has announced that the total assets seized in the oil refinery corruption case amount to IQD 127 billion and $24 million.

In a statement, the judiciary said it had seized $1 million and five kilograms of gold in the case involving Adnan al-Jumaili, adding that an additional IQD 25 billion had also been confiscated as part of the ongoing investigation into the refinery case.

The judiciary further revealed that the cash and gold were recovered during a search of al-Jumaili's residence in Tikrit, stressing that investigations are continuing and that authorities remain committed to pursuing all individuals implicated in the refinery corruption case.

Over the past several days, the Iraqi government has repeatedly affirmed that it will not back down from efforts to prosecute those involved in the embezzlement of public funds and suspicious financial deals.

The latest developments follow the arrest of Deputy Oil Minister Adnan Al-Jumaili in May, which led investigators to uncover the alleged involvement of dozens of lawmakers, government officials, and business figures in corruption-related offenses.

According to the investigation, al-Jumaili admitted the involvement of several high-profile figures. Last Sunday, Iraqi security forces launched a series of raids dubbed "Operation Dawn Assault," resulting in the arrest of approximately 67 individuals, most of them lawmakers, government officials, and businessmen.

Meanwhile, legal adviser and former judge Munir Haddad estimated that the total value of funds looted from Iraq since 2003 exceeds $2 trillion, describing the scale of the alleged thefts and the assets owned by the accused as "beyond reason and imagination."

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