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Home > Briefs > Global Risk > Controversy and confusion in Iraq over attempt to freeze assets of Hezbollah, Houthis

Controversy and confusion in Iraq over attempt to freeze assets of Hezbollah, Houthis

Reports in Iraq on December 4 indicated the country might freeze assets of Iranian-backed militias, but these were quickly walked back by Iraqi authorities. A Reuters report said that “Iraq’s Official Gazette announced that the country would freeze the money of Iran-backed terrorist groups, including Lebanon’s Hezbollah and Yemen’s Houthis, the state’s news agency said Iraq would correct the list of the groups whose funds would be frozen.” However, hours later, Shafaq News in Iraq said “the Iraqi authorities have effectively backed down from including the Lebanese Hezbollah and the Ansar Allah-Houthi group on the lists of frozen terrorist funds, after publishing an official clarification and a document issued by the Central Bank of Iraq confirming that Baghdad’s approval was limited to entities and individuals linked exclusively to ISIS and Al-Qaeda.”

Full report : Iraq backtracks after Hezbollah, Houthis mistakenly listed for asset freeze.

Tagged: Iraq