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Iraqi official: "This is a jihadist?".

Bounty hunter: "Yes, I swear. So are his wife and kids. I have them all in my care. Where do I unload them? Where can I collect the money?".

Presumably the Iraqi gov't will punish the ID's of legitimate targets beforehand.

This needn't be real problematic.

They will publish a list of people the Iraqi government says are Jihadists.

Last I checked the Iraqi government wasn't scoring well on government corruption metrics.

This is how Guantanamo was filled up with irrelevant people someone bore a grudge against. We paid a bounty for many of them, perhaps all of them.

No, I do not believe that it is.

The US didn't have a list already made up. They allowed people to convince them that so-and-so was a terrorist. Or so I've been told.

Which is exactly the opposite of what I suspect the Iraqi gov't intends to do.