Disir
Platinum Member
- Sep 30, 2011
- 28,003
- 9,610
- 910
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.
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
english.alarabiya.net
I'm not at all surprised.