DAVOS: The reconstruction of Iraq may cost more than $100 billion and will require Baghdad to continue supporting OPEC’s oil output cuts and attract maximum investment from abroad, Iraqi Prime Minister Haider Al Abadi said on Thursday.
Meanwhile, Interpol handed over to Iraq a former minister arrested in Beirut over a conviction for corruption, in a first such collaboration with the international police body, a government source said.
“Former trade minister Abdel Falah Al Sudani has landed in Baghdad after having been handed over by Interpol,” the source told AFP.
“It’s the first time that Interpol responds to a government request at that level.”
Sudani was arrested in Beirut in September.
In 2012, the former minister, who belongs to the Dawa party of Prime Minister Haider Al Abadi, was sentenced in absentia to seven years imprisonment for corruption. He was linked to a scandal over the import of adulterated tea products during his mandate.
In 2009, he was arrested as he tried to flee the country after having been sacked and charged. He was released on payment of a bail of $43,000 but again fled.
Under an amnesty law, Iraqi officials can escape jail terms if they pay sums which have allegedly been pilfered from public coffers.
Abadi, whose country ranks as the world’s 10th most corrupt, said he met on Thursday with Interpol’s secretary general, Juergen Stock, at the World Economic Forum in the Swiss resort of Davos.
Reuters/AFP
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