Nearly $700 million stolen from Iraq state banks: Anti-corruption commission

Disir

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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.

I'm not at all surprised.
 
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Their government is worried about where $700 million dollars went?

*****CHUCKLE*****



:)
 

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