Close Menu
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
What's Hot

Iraq seizes $19.3M, gold in corruption probe

July 16, 2026

Why Polygon’s CEO Had to Clarify His Own Layoff Announcement

July 16, 2026

Mixed economies and monopoly | Michael Hudson

July 16, 2026
Facebook X (Twitter) Instagram
Trending:
  • Iraq seizes $19.3M, gold in corruption probe
  • Why Polygon’s CEO Had to Clarify His Own Layoff Announcement
  • Mixed economies and monopoly | Michael Hudson
  • AI Infrastructure Stocks Trading Below Fair Value Based On Cash Flows
  • Major Highways Investment Set to Transform Cumberland’s Transport Infrastructure
  • What to read into the Impact 75
  • Iran accuses US of ‘war crimes’ after attacks on civilian infrastructure
  • The Counter-Strike Skin Economy, Explained: How a $6 Billion Virtual Market Survived Its Worst Crash
  • What Nobody Wants to Talk About in AI Disruption, and a Silver Lining
  • Ripple CEO Brad Garlinghouse Explains Why XRP Beats Bitcoin for Payments
Thursday, July 16
Facebook X (Twitter) Instagram
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
Aspire Market Guides
Home»Alternative Investments»Iraq seizes $19.3M, gold in corruption probe
Alternative Investments

Iraq seizes $19.3M, gold in corruption probe

By CharlotteJuly 16, 20262 Mins Read
Share
Facebook Twitter Pinterest Email Copy Link


Laith Al-jnaidi and Rania Abushamala

16 July 2026•Update: 16 July 2026

Iraqi judicial authorities announced Thursday the seizure of cash worth nearly $19.3 million and four kilograms (8.8 pounds) of gold as part of an ongoing corruption investigation involving detained former Deputy Oil Minister for Refining Affairs Adnan al-Jumaili.

In a statement, the Supreme Judicial Council said an investigating judge at the Central Criminal Court for Combating Corruption ordered the seizure of the assets as part of the probe against al-Jumaili.

The judge said part of the seized funds had been deposited with several individuals, while the remainder was discovered concealed inside the walls of several houses.

Authorities confiscated 25 billion Iraqi dinars (about $19.1 million), $200,000 in cash and 4 kilograms (8.8 pounds) of gold jewelry during Thursday’s operations, according to the statement.

The judge said investigations are ongoing to trace proceeds allegedly obtained through criminal activity and identify all those involved in the case.

The latest seizure comes amid a broader security and judicial campaign launched in recent weeks to combat financial and administrative corruption in Iraqi state institutions.

As part of the campaign, Iraqi authorities have arrested dozens of suspects in major corruption cases, including lawmakers and government officials, with legal immunity lifted for some to allow investigations to proceed.

Al-Jumaili was detained on suspicion of wasting public funds and awarding contracts in violation of the law after being dismissed from his post last month.



Source link

Related Posts

Alternative Investments

Major Highways Investment Set to Transform Cumberland’s Transport Infrastructure

July 16, 2026
Alternative Investments

Iran accuses US of ‘war crimes’ after attacks on civilian infrastructure

July 16, 2026
Alternative Investments

What Nobody Wants to Talk About in AI Disruption, and a Silver Lining

July 16, 2026
Alternative Investments

Prudential reports PGIM AUM $1.49T, sees alternative investment income lower than expectations (PRU:NYSE)

July 16, 2026
Alternative Investments

Aztec Hits 155m of Gold-Silver Doubles Zone Depth & Expands Tombstone Footprint 300m West South

July 16, 2026
Alternative Investments

Temasek targets AI, Infra and PC within its T2030 strategy

July 16, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Iraq seizes $19.3M, gold in corruption probe

July 16, 2026

Why Polygon’s CEO Had to Clarify His Own Layoff Announcement

July 16, 2026

Mixed economies and monopoly | Michael Hudson

July 16, 2026

AI Infrastructure Stocks Trading Below Fair Value Based On Cash Flows

July 16, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Featured

Why institutional investors are piling into private secondaries

May 1, 2026

Songwriting assets back in focus as HarbourView snaps up Grammy Award winners’ songs

June 25, 2026

UK eyes A7A5 stablecoin, Huobi/HTX for Russian sanctions case

May 28, 2026
Monthly Featured

MoneySimpler Launches Cross-Market AI Robot for Stock and Cryptocurrency Quant Trading

June 9, 2026

CMA partnership – Durham University Business School

May 29, 2026

CDAE Faculty Member’s Film Featured at the Vermont International Film Festival

April 25, 2026
Latest Posts

Iraq seizes $19.3M, gold in corruption probe

July 16, 2026

Why Polygon’s CEO Had to Clarify His Own Layoff Announcement

July 16, 2026

Mixed economies and monopoly | Michael Hudson

July 16, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Aspire Market Guides.
  • Contact us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.