Monday, June 22, 2026
43.9 C
Baghdad

U.S. Congressman Joe Wilson Urges Sanctions on Iraq’s Rafidain Bank

Baghdad Telegraph

U.S. Congressman Joe Wilson Urges Sanctions on Iraq’s Rafidain Bank

Washington, D.C. – U.S. Representative Joe Wilson has called on the U.S. Department of the Treasury to impose immediate sanctions on Iraq’s Rafidain Bank, accusing it of laundering billions of dollars for Iraqi militias.

In a post on his official X account, Wilson also criticized Iraq’s Minister of Finance, Taif Sami, alleging that she is depriving the Kurdistan Region of its rightful budget and failing to pay Kurdish salaries.

“No more delay by USTreasury to sanction Iraq’s Rafidain Bank – laundering billions for Iraqi militias while Iraq’s Minister of Finance @Alltyf_ is starving Iraqi Kurds and not paying their salaries. This must end. Trump will fix it,” Wilson stated.

The remarks come amid growing tensions over financial disputes between Baghdad and Erbil. The Kurdistan Regional Government (KRG) has repeatedly accused the federal government of withholding funds, causing economic hardship in the region.

Wilson’s statement signals increasing pressure from U.S. lawmakers on the Biden administration to take action against financial institutions linked to corruption and militia funding in Iraq.

Hot this week

Iraq’s Budget Crisis Deepens as Oil Shock Threatens State Finances

Iraq faces severe fiscal pressure as oil disruptions expose...

Iraq’s Anbar Gas Boom Draws Major Energy Investors

Al-Anbar province is trying to attract major energy investment...

Iraq Gold Prices Climb as Baghdad and Erbil Markets Heat Up

Gold prices moved higher in Baghdad and Erbil as...

South Korea Slashes Iraqi Oil Imports as Middle East Turmoil Upends Supply Routes

South Korea reduced its intake of Iraqi crude as...

Iraq Races to Complete Cabinet Before High-Stakes Washington Summit

Iraq faces a major political test as leaders move...

Topics

Iraq’s Budget Crisis Deepens as Oil Shock Threatens State Finances

Iraq faces severe fiscal pressure as oil disruptions expose...

Iraq’s Anbar Gas Boom Draws Major Energy Investors

Al-Anbar province is trying to attract major energy investment...

Iraq Gold Prices Climb as Baghdad and Erbil Markets Heat Up

Gold prices moved higher in Baghdad and Erbil as...

Iraq Races to Complete Cabinet Before High-Stakes Washington Summit

Iraq faces a major political test as leaders move...

Iraq Pushes Banking Overhaul to Restore Financial Trust

Iraq plans to continue major banking changes as leaders...

Iraq’s Data Corridor Push Draws Gulf Interest After Major Fee Cut

Iraq has reduced internet transit fees by 40 percent...

Iraqi Lawmakers Back Controversial Funeral Plan for Khamenei Burial Route

Iraqi political discussions have intensified over Najaf burial plans linked to...

Related Articles