The Iraqi Ministry of Justice announced a significant legal win on Tuesday, June 23, 2026, securing a final and binding ruling from a US Federal Court. This ruling allows Iraq to retain $53 million USD. Details surrounding the case remain limited, but the Ministry characterized the outcome as a major international legal victory. The funds were reportedly at risk of being forfeited. This decision represents a substantial financial recovery for Iraq. Further information regarding the specifics of the legal dispute has not yet been released by Iraqi officials. The ruling is expected to positively impact Iraq’s financial standing.
