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Iraqi Court Recovers 3.7 Billion Dinars from Fraudulent Company

Economic Developments – Baghdad

The Karkh Investigation Court in Baghdad has announced the successful recovery of approximately 3.686 billion Iraqi dinars, highlighting ongoing efforts to combat financial fraud.

According to a court statement, the recovered funds are associated with a company that engaged in irregularities related to dollar exchange rates. This recovery was executed under the diligent oversight of the presiding judge.

The court emphasized its commitment to implementing legal measures aimed at deterring such fraudulent activities and addressing currency speculation. These initiatives are critical for safeguarding public finances and ensuring the stability of the financial market.

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