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Iraq oil money: $150 billion stolen from the country since the US-led invasion of 2003

President says Iraq lost one trillion dollars due to corruption since 2003

DUBAI: Iraqi President Barham Salih said Sunday his country has lost a trillion US dollars due to “rampant financial and administrative corruption in state institutions.” In a speech he gave on corruption in the country, Salih discussed a draft law aiming to recover the proceeds of corruption, saying the law must allow pre-emptive and deterrent measures, as well as subsequent

Iraq estimates that $150 billion of its oil money has been stolen from the country since the US-led invasion of 2003

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