Issued by CEMO Center - Paris
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How Iran looted Iraq's wealth

Friday 04/January/2019 - 02:45 PM
The Reference
Mohamed Shaath
طباعة

Following a series of crises in the aftermath of 2003, Iraq has been prone to Iranian interventions. Tehran has been looting of the country's wealth pro-Iranian militias have smuggled Iraqi crude oil.

Iran has snatched billions of dollars of Iraqi oil with the help of political party leaders and militias, according to Iraqi reports.  These pro-Iranian parties and militias, especially the Popular Mobilization Forces, have smuggled crude oil from Basra to Iran.

Iraqi reports say that the Popular Mobilization Forces and a number of companies and organizations have graft and corruption in Iraq following in the footsteps of the Iranian Revolutionary Guards.

How Iran looted Iraq's

The Popular Mobilization Forces created some self-financing resources through the looting of Iraq’s wealth, selling off plots of land to citizens and other crimes.

The looting of Iraqi wealth has angered Iraq’s politicians, who revealed the funding of the Iranian Revolutionary Guards and Hezbollah as well as other militias in Iraq and Syria from the Iraqi state budget.

A number of Iraqi observers and politicians said that billions of dollars from Iraq’s state budget fund Iran’s wars of Iran in the region.  

Iraqi political analyst Abd al-Jabouri told THE REFERENCE that Nouri al-Maliki’s two tenures were a golden opportunity for Iran, citing that Iran got around $800 billion from Iraq’s central bank. “Haider al-Abadi said his government was bankrupted as it had only $65 billion,” al-Jabouri said.

“US leaks pointed out that al-Maliki sent these funds to Iran to finance Tehran’s wars in Iraq, Yemen, Syria and Lebanon,” he said, adding that Iran funded militias which were trained in Iranian camps immediately after the occupation of Iraq.

Al-Jabouri quoted Iranian leaders as saying that Iran won Iraq politically and religiously, but lost the economy due to the US sanctions. He said that Iran controls around 100 banks in Iraq for funding its wars and supporting its weak economy.
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