Sadoon St, Al-Ani Building, first floor, Baghdad, Iraq

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2006:138:0007:0009:EN:PDF

Al-Bashair, directed by Munir Al-Qubaysi, reportedly acted as the largest of Iraq’s arms procurement front companies and was involved in a range of sanctions busting and corruption schemes on behalf of the regime. Al-Bashair reported directly to the Organization of Military Industrialization, which was responsible for Iraq’s military procurement programs and was headed by former Deputy Prime Minister Abd-al-Tawab Mullah Huwaysh. Huwaysh has been named by the U.N. as a senior official of the former Iraq regime on the list established pursuant to UNSCR 1483. Reporting based on documents removed from Al-Bashair’s headquarters describes a variety of deals involving sham contracts, kickbacks, falsified export documentation and money laundering designed to deceive U.N. inspectors and deliver, among other things, missile components, surveillance equipment and tank barrels to the former Iraqi regime. The company also allegedly helped seniors officials of the former regime launder and hide Iraqi government funds.

https://home.treasury.gov/news/press-releases/js1331

2006-05-25

EU

Restrictive measures on Iraq

UN

Iraq

Asset freeze and prohibition to make funds available

- All assets of the listed persons and entities should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them.

A financial and trade embargo was adopted by the UN Security Council in 1990 after the invasion of Kuwait on 2 August 1990 by the military forces of Iraq (see Resolution 661 (1990)). Recognising and welcoming the efforts made by Iraq to form a government based on the rule of law that affords equal rights and justice to all Iraqi citizens, on 22 May 2003 the Security Council lifted all restrictive measures against Iraq, except for the arms embargo (see Resolution 1483 (2003)). Currently, only specific restrictions apply in the areas of trade in goods belonging to Iraq’s cultural heritage and an asset freeze specifically targeting former Iraqi President Saddam Hussein, his immediate family, and senior officials of his regime.