Friday, September 4, 2026
28 C
Baghdad

Iraqi Airlines Recovers 20 Billion Dinars Following Financial Investigation

The Federal Integrity Commission has announced the recovery of 20 billion Iraqi dinars for the Iraqi Airways Company. This financial return marks a significant step in addressing outstanding debts and ensuring financial accountability within state institutions.

According to official sources, a dedicated team investigated financial records and company debts. Their efforts led to the retrieval of 19,153,347,520 dinars from a private company. The recovered funds have now been returned to Iraqi Airways, reinforcing the commission’s commitment to financial oversight.

Officials stated that Iraqi Airways formally requested the repayment of the outstanding amount. The private company in question settled the debt in two installments. The first payment amounted to 16,077,320,000 dinars, while the second installment totaled 3,076,027,520 dinars. This financial recovery highlights the success of ongoing efforts to reclaim public funds and prevent financial mismanagement.

The Federal Integrity Commission continues to focus on financial recovery and preventing the loss of state resources. Earlier this month, it reported preventing waste and reclaiming significant amounts of money. In 2024 alone, the commission disclosed that approximately 950 billion dinars and 9 billion US dollars had been saved or returned to the state treasury.

Financial accountability remains a top priority for the commission. Officials stress the importance of monitoring government transactions and ensuring that public funds are used appropriately. By actively investigating financial irregularities, authorities aim to strengthen transparency and restore trust in state institutions.

Recovering 20 billion dinars for Iraqi Airways represents another milestone in financial oversight. The commission continues to pursue similar cases to secure public funds and prevent economic losses. Strengthening financial accountability remains a critical goal in safeguarding national resources.

Hot this week

PMF Fighter Killed in Kirkuk Attack as Security Concerns Rise

At least one Popular Mobilization Forces (PMF) fighter died...

Maliki Urges Iraq to Avoid ‘Disarmament’ Term as Weapons Debate Intensifies

Former Iraqi Prime Minister Nouri al-Maliki has urged officials...

Erbil Private Hospital Shut Down After 21-Year-Old Dies Following Emergency Surgery

The Kurdistan Region’s Health Ministry ordered an Erbil hospital closure on...

Iraq Launches Major Effort to Recover More Than 100,000 Smuggled Antiquities

Iraq has launched a major campaign to recover more...

IRGC Claims Missile and Drone Strike on US Base in Erbil as Iran-US Tensions Escalate Across Region

The IRGC attack on Erbil marked another sharp escalation between Iran...

Topics

PMF Fighter Killed in Kirkuk Attack as Security Concerns Rise

At least one Popular Mobilization Forces (PMF) fighter died...

Maliki Urges Iraq to Avoid ‘Disarmament’ Term as Weapons Debate Intensifies

Former Iraqi Prime Minister Nouri al-Maliki has urged officials...

Erbil Private Hospital Shut Down After 21-Year-Old Dies Following Emergency Surgery

The Kurdistan Region’s Health Ministry ordered an Erbil hospital closure on...

Iraq Launches Major Effort to Recover More Than 100,000 Smuggled Antiquities

Iraq has launched a major campaign to recover more...

IRGC Claims Missile and Drone Strike on US Base in Erbil as Iran-US Tensions Escalate Across Region

The IRGC attack on Erbil marked another sharp escalation between Iran...

Baghdad Court Sentences Kidnapper to 15 Years Over American Journalist’s Abduction

Baghdad court sentences kidnapper Amir Rahim Jabar Lazim to...

Khanaqin Faces Demographic Change as Kurdish Parties Face Growing Pressure

Khanaqin faces demographic change, according to a Kurdistan Regional...

Iraq Rejects Coalition Presence as September Withdrawal Deadline Nears

Iraq rejects coalition presence beyond September 30, as Prime...

Related Articles