Iraq retrieves 12 million euros from Spain

10/3/2019 18:35:00

The Iraqi Integrity Commission announced on Sunday that Baghdad has retrieves about 12 million euros from Spain, representing the value of oil shipments equipped by the Ministry of Oil of a Spanish company in 1988.


The statement by the Commission said which PUKmedia obtained a copy of it: "(11.915.440) million euros was retrieved which was the worth of oil shipments equipped from Iraq to Spain under the Iraqi-Spanish agreement."


The statement pointed out that, these funds were frozen under the UN Security Council resolutions.


The Commission of Integrity noted that, "Iraq and Spain signed a memorandum of understanding which said that the retrieving of the funds will be in the form of contracts for the Ministry of Industry and Minerals."





PUKmedia / Media Office of the Integrity Commission


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