[size=23]For the crimes of embezzlement and willful damage … CoI: issuance of two sentences against former director of Rafidain Bank - Jalawla Branch6/26/2016
Jun 26 , 2016
CoI`s Office of Investigations reported that two default sentences were issued against the former director of Rafidain Bank - Jalawla branch for committing crimes of embezzlement and willful damage to the interests of the entity he works at.
The Office explained that the convicted fugitive (A.R.A) had - while holding the senior government position - committed the crime of embezzling an amount of 24.335.538.000 billion dinars from the bank`s money. He was also convicted in another case of for inflicting damage to the interests of the entity he works for by paying retirees under a scrap of paper, and not under official lists.
The details of the two cases details indicate that Diyala Criminal Court has sentenced in absentia the convicted fugitive in the first case to ten years in prison, and seize his movable and immovable property, based on the provisions of Article 315 of the Penal Code for embezzling more than 24 billion and a quarter from the bank funds ..
The recommendations of the investigative committee - in the Office of Inspector General at Al-Rafidain Bank, formed to investigate the theft of huge amounts of money from the branches in the provinces of Nineveh, Salahuddin, Anbar, Diyala and Kirkuk - led to refer the convicted fugitive (A.R.A) to justice through CoI after his omission was proved because the fact is that the bank was not subject to any theft, and the proof of the embezzlement of the bank funds that were under the convict`s trust.