Disir
Platinum Member
- Sep 30, 2011
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Nearly $700 million in public funds has been misappropriated from state-run banks in Iraq in a scandal implicating more than 40 people, an anti-corruption commission said Thursday, after a three-year probe.
A total of 926 billion Iraqi dinars ($697 million) went missing due to “forgery, embezzlement, manipulation, money laundering (and) abuse of position,” the Commission for Integrity said in a statement.
![english.alarabiya.net](https://vid.alarabiya.net/images/2020/12/20/39813892-87bb-4fce-b158-1359ae74dee6/39813892-87bb-4fce-b158-1359ae74dee6_16x9_600x338.jpg)
Nearly $700 million stolen from Iraq state banks: Anti-corruption commission
Nearly $700 million in public funds has been misappropriated from state-run banks in Iraq in a scandal implicating more than 40 people, an anti-corruption
I'm not at all surprised.