Financial scandal hits Ahmad al-Jalabi, the awaiting for President of Iraq, n Switzerland, brother says
Iraq, Politics, 4/18/2003

Upon his arrival in Baghdad, Ahmad al-Jalabi, who is said to be prepared by the US circles to be the president of Iraq, even for a transitional period of time, found himself amid a financial scandal made by one of his brothers in statements quoted yesterday by the British daily the Guardian.

Jawad al-Jalabi, brother of Ahmad admitted yesterday that he together with another brother Hazem were convicted by the Swiss authorities of being involved in false accounts with the collapsing Sokovi company, which is an investment company that belongs to the al-Jalabi financial empire which has parts in various parts of the world.

Jawad al-Jalabi who lives in Wimbledon, south west of London said that the financial licensing of two banks owned by his brother Ahmad in Geneva and Mebko were withdrawn by the Swiss Federal bank commission in April 1989. and the two banks also collapsed.

On the involvement of his brother Ahmad in the issue of the Jordanian Petra bank, Jawad said that Ahmad was the victim of a political deception in Jordan and that he did not receive a just trial from the Jordanian military court which sentenced him in absentia for 22 year imprisonment on charges of cheating and involvement in the collapse of the bank.

Jawad al-Jalabi said that the "late Jordanian King Hussein ordered punishing measures after my brother appeared in the USA TV program 60- minute as he accused the King of getting bribes over selling arms to Iraq."

Previous Stories:
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  Iraq museums looting are acts of barbarity, UMA chief   (4/17/2003)
  Saddam is still alive, a treason by certain leaders of the Republican Guards   (4/17/2003)
  Al-Jalabi TV stopped as American financing suspended   (5/2/2002)
  Washington suspends financial aids to Iraqi opposition   (1/9/2002)
  US suspends funding to Iraqi opposition   (1/7/2002)

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