14 people’s assets frozen in connection with Wadi Musa investment fraud probe

AMMAN — The Jordan Integrity and Anti-Corruption Commission (JIACC) prosecutor general has ordered the seizure of the movable and immovable assets of 14 individuals allegedly involved in bogus investments in Wadi Musa in the southern region, a JIACC official source said on Thursday.

A June 2015 investigation, based on a letter from the money laundering unit and media reports,   alleges individuals had conned Wadi Musa residents into giving them substantial amounts of money in order to carry out fraudulent investments.

“The investigations are ongoing, and these 14 individuals are at large, but their movable and immovable assets were seized pending further investigations,” the JIACC official told The Jordan Times.

The JIACC announced back in 2015 that the probe will involve all parties involved in the issue, in addition to the victims. 

The assets of those involved in the bogus investments were frozen for the purposes of the investigation. 

Last year, the JIACC director pledged to “create a revolution” in the work of the agency to fight corruption in Jordan by formulating a 10-year National Strategy of Integrity and Anti-Corruption, which started this month.

The JIACC official said that they were hopeful that the new strategy will help reshape public opinion and regain the public’s trust in the government and its institutions by fighting “pressing matters such as corruption, wasta and nepotism”.