Iraqi authorities recovered $14.5 million linked to deposit statement manipulation at Iraqi Airways. The Supreme Judicial Council announced the seizure on 1 July 2026, ordered by the Al Rusafa Investigative Court specializing in corruption. Director Manaf Abdel-Monem faces arrest for embezzling 115 billion dinars, colluding with a ticket sales employee to divert revenue. Preliminary seizures included $11 million cash and $3 million in dinars plus properties. This recovery stems from Operation Dawn, Prime Minister Ali al-Zaidi’s anti-corruption campaign arresting 21 suspects and targeting 200 officials. The case exposes severe governance risks within Iraq’s state-owned carrier, jeopardizing operational credibility and international funding while validating ongoing fraud investigations in the aviation sector.