This news release is issued in respect of the restrictive measures directed against Iraq.
On 30 August 2016, the United Nations Security Council Committee approved the removal of the four entities from the UN Iraq list. The following entries have been removed and are no longer subject to an asset freeze.
DELISTINGS
Entities
IRAQI AIRWAYS COMPANY
a.k.a: (1) I.A.C. (2) IAC (3) Iraq Airways (4) Iraq Airways Company (5) Iraqi Airways
Other Information: State-owned airline. Funds or financial assets or economic resources received on or after 23 May 2003 are not to be regarded as frozen nor required to be transferred to the successor arrangements to the DFI. Listed on: 02/07/2003 Last Updated: 06/09/2016 Group ID: 7812.
DIRECTORATE GENERAL OF GOVERNORATE ELECTRICITY DISTRIBUTION
Address: PO Box 20107, New Baghdad Aqaba Bin Nafii Square, Baghdad, Iraq.
Other Information: Funds or financial assets or economic resources received on or after 23 May 2003 are not to be regarded as frozen nor required to be transferred to the successor arrangements to the DFI Listed on: 05/05/2004 Last Updated: 06/09/2016 Group ID: 8075.
ELECTRONIC INDUSTRIAL COMPANY
Address: PO Box 11359, Za'afaraniya, Baghdad, Iraq.
Other Information: Funds or financial assets or economic resources received on or after 23 May 2003 are not to be regarded as frozen nor required to be transferred to the successor arrangements to the DFI Listed on: 05/05/2004 Last Updated: 06/09/2016 Group ID: 8081.
LIGHT INDUSTRIES COMPANY
Address: PO Box 164 Baghdad, Za'Afaraniya, Baghdad, Iraq.
Other Information: Funds or financial assets or economic resources received on or after 23 May 2003 are not to be regarded as frozen nor required to be transferred to the successor arrangements to the DFI Listed on: 05/05/2004 Last Updated: 06/09/2016 Group ID: 8125.
Further details of the sanctions regime related to Iraq and links to the Consolidated List of Individuals and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.
