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Parliament is preparing to approve the “most important” law to recover state funds from the corrupt
Money and business
Economy News _ Follow
Member of the Parliamentary Integrity Committee, Yousef Al-Kalabi, announced today, Thursday, the completion of the second workshop to mature the law for recovering state funds from the corrupt,
stressing that the law will be voted on before the end of the current legislative term. Al-Kalabi said in a press interview,
“The committee has completed the second workshop on the Corruption Assets Recovery Law, which is considered one of the most important laws in the House of Representatives.” He added,
"This law completes the legislative deficiency in the process of recovering, seizing, and accessing funds.
The committee hosted representatives of many departments and state institutions, including the
Financial Supervision Bureau, the
Supreme Judicial Council, the
Integrity Commission, the
Bar Association, and
others." Al-Kalabi pointed out that
“the Parliamentary Integrity Committee is seeking broadly and carefully to legislate the law on importing money from corrupt people because of its importance, especially since
some of the corrupt people’s money has turned into assets, real estate, and trade, and
when an order is issued to recover the money, we find that the corrupt money has multiplied several times.” He stressed that
"the House of Representatives has completed the first reading of the law on importing corruption funds, and
a report will be submitted to complete the second reading of the law, provided that it will be voted on before the end of the current legislative term."
Observations 155 Added 10/03/2024 - 1:54 PM
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Money and business
Economy News _ Follow
Member of the Parliamentary Integrity Committee, Yousef Al-Kalabi, announced today, Thursday, the completion of the second workshop to mature the law for recovering state funds from the corrupt,
stressing that the law will be voted on before the end of the current legislative term. Al-Kalabi said in a press interview,
“The committee has completed the second workshop on the Corruption Assets Recovery Law, which is considered one of the most important laws in the House of Representatives.” He added,
"This law completes the legislative deficiency in the process of recovering, seizing, and accessing funds.
The committee hosted representatives of many departments and state institutions, including the
Financial Supervision Bureau, the
Supreme Judicial Council, the
Integrity Commission, the
Bar Association, and
others." Al-Kalabi pointed out that
“the Parliamentary Integrity Committee is seeking broadly and carefully to legislate the law on importing money from corrupt people because of its importance, especially since
some of the corrupt people’s money has turned into assets, real estate, and trade, and
when an order is issued to recover the money, we find that the corrupt money has multiplied several times.” He stressed that
"the House of Representatives has completed the first reading of the law on importing corruption funds, and
a report will be submitted to complete the second reading of the law, provided that it will be voted on before the end of the current legislative term."
Observations 155 Added 10/03/2024 - 1:54 PM
[You must be registered and logged in to see this link.]
