Since taking government positions of leadership in the Kurdistan Regional Government, the wealth of Masoud Barzani, Masrour Barzani, Waysi Barani, and Barzani family members and their corrupt associates has grown exponentially.  So has their astonishing worldwide illegal

laundering of their illegal monies.

         Unbelievable amounts of stealing and hiding of the criminal proceeds of the Barzani Continuing Criminal Enterprise is being widely exposed for the first time in the court case of the Kurdish Victims Fund in the United States Federal Court of Washington DC.

         This court is a very short distance from the White House and from the US Congress, where watchers are paying close attention to this case.  The President of the United States has declared thiscriminal money laundering “an extraordinary threat to the national security, foreign policy, and economy of the United States.”  No longer can the Barzani Continuing Criminal Enterprise hide its crimes behind their pretend friendship with the United States.  True friends don’t steal from their friends.

         Confidential sources have informed the Kurdish Victims Fund that as more details will be exposed by this case, several government agencies in United Arab Emirates, Quatar, Germany, and the United Kingdom are also now taking a more searching look at Barzani monies there and which authorities expect will be publicly revealed in this case.

         Money laundering is a major piece of the claims in this court case against Masoud Barani, Masrour Barzani, Waysi Barzani, and the Barzani family members and family members by marriage, and their criminal co-conspirators.Money laundering is the process of “cleaning” money that comes from criminal activities, such as drug dealing or counterfeiting or oil smuggling, so that it looks like it has come from a legitimate source.

         Enormous amounts of monies stolen and pilfered by the Barzani Continuing Criminal Enterprise are being secretly hidden in numerous countries around the world.  To accomplish this, the Barzani family enlisted bankers in Kurdistan, especially HamelaGardi, President of Region Trade Bank for Investment and Finance, also known as “RT Bank” in Kurdistan.  Her husband Ghafoor Khoshnaw oversees cigarette counterfeiting business, smuggles cigarettes, and participates in money laundering in partnership with Masrour Barzani.   Gardi and Khoshnaw are now named in the case.

         The Barzani Continuing Criminal Enterprisehas hired expensive lawyers in Washington DC, Philadelphia, London, and elsewhere to create what the law calls structures and layers to hide the true ownership.  This is a federal crime in the United States and much of the world.  Several of the Barzani lawyers are also now named in this case, and more will be exposed soon.

         For the first time, the entire criminal enterprise of money laundering by the Barzani regime will be exposed to the public by way of this court case.  Lawyers for the Kurdish Victims Fund are in possession of thousands of bank documents, emails, letters, contracts, agreements, and other evidence – all of which will soon be presented to the court.  Added to this is very chilling witness testimony from intermediaries the Barzani regime paid to do their dirty work and who are now coming forward to the Kurdish Victims Fund.

         Previously secret documents now in the lawyers possessionreveal for the first time the enormous number of front corporations and trusts and other camouflaged entitiesthey have organized in tax havens and key outposts in the offshore financial system and other secretive banking jurisdictionsincluding United Kingdom, British Virgin Islands, Dubai, United Arab Emirates, Qatar, and the United States.And new evidence continues to come forth to the Kurdish Victims Fund on an almost daily basis, including new information about secret accounts and assets and transactions involving Montenegro and Georgia.  All of this will be presented to the court.

        Horse racing provides the perfect cover for money laundering. The international horse racing industry provides fertile ground for money laundering, with the limited regulatory control of racing authorities potentially making it more difficult for the criminal practice to be effectively policed.New evidence provided to the Kurdish Victims Fund attorneys shows how some of this dirty money of the Barzani Continuing Criminal Enterprise has been used in the international horse racing and horse breeding world. 

Some of these monies and investments are hidden in the maiden names of Barzani wives including Katja Vrecar Barzani, wife of Mustafa “Babo” Barzani.Other stolen assets are hidden internationally byJeyra Mohamad Khaled, a Barzani mother.

According to documents of the U.S. Department of State, now in the possession of the Kurdish Victims Fund attorneys, the Barzani Continuing Criminal Enterprise has misappropriated, embezzled, or outright stolen billions of dollars of Kurdistan public funds for their personal benefit.  The international transportation of stolen or fraudulently obtained property is a United States crime.  As the Barzani Continuing Criminal Enterprise conspirators have moved the proceeds of their criminal offenses through money laundering and wire fraud, they knew the transactions were designed to conceal their various unlawful schemes.  They also knew that the propertiesand proceeds involved in the financial transactions represented unlawful activity, all in violation of United States laws.

All of this adding of layers and chains of ownership between an asset and the beneficial owners in different jurisdictions and countries, and different types of legal structures, was for the purpose of creating anonymity and intentional concealment of ownership information, to conceal material facts,to protect their corrupt relationship with the true owners, including concealing assets of individuals who support ISIS.  This was all to avoid detection by law enforcement, taxing authorities, and national security officials. 

What we have reported today is only the tip of an enormous iceberg.  More details of this mammoth and monumental case of crime will be presented in coming days.