37392-main

International debt recovery (Germany-Netherlands-Iraq)

Interlegal

Interlegal Permanent Officer

11.10.18


A German company had delivered medical equipment worth about $1m to Iraq, paid for by the US government through a Dubai account that belonged to an Iraqi firm that compulsorily worked together with the German firm. The money from the account completely disappeared but was successfully retrieved by the Dutch Interlegal member after a legal procedure when it became clear from intense research that the director of the Iraqi firm had residence in the Netherlands.