COI overthrows an official who embezzled 10 billion dinars in Maysan

INA- Baghdad 

The Federal Integrity Commission (COI) announced ,on Friday, the overthrow of an official in Maysan who embezzled 10 billion dinars.

A statement issued by the Commission’s Government Media and Communications Office, received by the Iraqi News Agency (INA), stated that "a team from the commission's Investigation Office in Maysan governorate was able to execute the arrest warrant against the assistant director of the International Development Bank - Maysan branch and two employees working as a " treasurer " in the branch, due to their withdrawal of 3,385,000,000 Iraqi dinars from the Fortified Safe in it, as well as the seizure of the bank's surveillance cameras disk".

The statement added that "the defendants committed the crime of embezzling the amount in cooperation with the director of the International Development Bank Maysan branch” , explaining that "they handed over the embezzled amount to unidentified persons riding in two cars, without the knowledge and consent of the main bank in Baghdad, whose legal representative asked to complain about them”.

The statement added that" thorough report of the process was organized and presented with the defendants to the competent investigating judge, who decided to arrest them pending investigation, based on the provisions of Article (315) of the Penal Code".

In the same context, the statement referred to" the commission's Investigation Office in Maysan has formed a working team to investigate information received by it, including the embezzlement of an amount of (677.010.000) Iraqi dinar from the bank by the director of the International Development Bank Maysan branch in conjunction with the employee of the Fortified Safe .

The statement explained that "the team, after conducting the investigation operations, seized the priorities related to the case, organized thorough report and presented it to the competent investigating judge, who issued an arrest warrant and an investigation against the branch manager and the employee of the Fortified Safe, in accordance with the provisions of Article (315) of the Penal Code".

The statement pointed out that "the team moved in a third operation to the Maysan Investment Authority, and seized the orders of the deputations of the director of the management department, which the report of the Ministry of Finance showed the invalidity of the SEALs and signatures on them”, noting that "the team was able after obtaining the judicial decision to execute the arrest warrant issued against the director of the department in accordance with the provisions of Article (316) of the Penal Code”, pointing out that "the competent investigative judge decided to arrest him pending investigation".