Iraq seizes mounds of gold and millions in cash in corruption crackdown
Summary
Iraqi authorities have seized over 825 pounds of gold and tens of millions of dollars in cash as part of a crackdown on corruption linked mainly to the oil sector. The operations led to the arrest of at least 21 people, including government officials and members of parliament, while Iraqi Prime Minister Ali Al-Zaidi is pushing to fight corruption and disarm Iran-backed militias.Key Facts
- Iraqi officials seized more than 825 pounds of gold and tens of millions of dollars in cash during anti-corruption raids.
- At least 21 people were arrested, including current and former government officials and MPs.
- The seizures are connected to the arrest of former deputy oil minister Adnan Al-Jumaili on corruption charges.
- Iraqi Prime Minister Ali Al-Zaidi took office in May 2026 and committed to fighting corruption seriously.
- The gold confiscated has been returned to Iraq’s central bank.
- $10.6 million in Iraqi dinar was found hidden in a rainwater drainage pit during one operation.
- The government has prepared documents to extradite hundreds of suspects abroad tied to corruption.
- Al-Zaidi met President Donald Trump to discuss U.S. investments in Iraq and plans to disarm Iranian-backed militias by September 21, 2026.
- Iranian-backed militias have attacked U.S. forces and diplomatic sites and are blamed for attacks on Kuwaiti and Saudi facilities.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
