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[size=36]Integrity reveals “major embezzlement operations” worth two billion dinars in the Kufa Execution Directorate[/size]
political| 09:09 - 04/28/2022
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Baghdad - Mawazine News
, Thursday, the Federal Integrity Commission announced that it was able to detect embezzlement operations estimated at two billion dinars in the Kufa Execution Directorate, explaining that this came against the background of seizing (1814) transactions, deeds and check books in the Directorate.
And the Commission’s Investigation Department stated, in a statement received by Mawazine News, that “a working team was formed from the Commission’s investigation office in Najaf immediately upon receiving information that the Kufa Execution Directorate refused to pay the financial dues related to its executive files,” indicating that “the team, after the He conducted investigations, investigations and audits. He went to the Directorate and was able to seize (90) checks, (994) check books, and (730) original transactions and all their records.”
She explained, "The preliminary investigations conducted by the team team concluded that there was insufficient monitoring in the account of the Kufa Execution Directorate at the Rafidain Bank - Muslim bin Aqeel branch, as a result of the presence of large embezzlement of these amounts for several years," noting that "the embezzlement operations took place in several ways. , including: forgery of the amounts of the sukuk spent, and the existence of a difference between the sukuk amounts and the qarmiyat (the stubs of the sukuk) related to them, and through sukuk spent on executive files that do not exist in the first place (fake).
She added, "The team also identified the existence of executive files, the secretariats of which were disbursed in cash, after which an instrument was prepared on the secretariat itself, that is, the secretariat was spent twice on the same subject, as it was found that the record for auditing the disbursed secretariats was not kept, and the record for the statement of deposited secretariats was not kept. From the bank, while the report of the External Audit Division in the office, after checking the record of receipts and expenditures and comparing it with the bank’s statement (deposits and withdrawals) for the years (2018 - 2020), revealed that the embezzled amounts amounted to (1,968,722,917) billion dinars, while audits are still ongoing regarding the years (2012, 2013, 2014, 2015, 2016, 2017, 2021), as the misappropriated amounts had not been calculated until the time of preparing the report.
The department pointed out that “a fundamental report was organized with all the seizures, and presented to the competent investigative judge, who issued an arrest and investigation order against four employees of the Execution Directorate and prevented their travel. to the provisions of Article (3
, Thursday, the Federal Integrity Commission announced that it was able to detect embezzlement operations estimated at two billion dinars in the Kufa Execution Directorate, explaining that this came against the background of seizing (1814) transactions, deeds and check books in the Directorate.
And the Commission’s Investigation Department stated, in a statement received by Mawazine News, that “a working team was formed from the Commission’s investigation office in Najaf immediately upon receiving information that the Kufa Execution Directorate refused to pay the financial dues related to its executive files,” indicating that “the team, after the He conducted investigations, investigations and audits. He went to the Directorate and was able to seize (90) checks, (994) check books, and (730) original transactions and all their records.”
She explained, "The preliminary investigations conducted by the team team concluded that there was insufficient monitoring in the account of the Kufa Execution Directorate at the Rafidain Bank - Muslim bin Aqeel branch, as a result of the presence of large embezzlement of these amounts for several years," noting that "the embezzlement operations took place in several ways. , including: forgery of the amounts of the sukuk spent, and the existence of a difference between the sukuk amounts and the qarmiyat (the stubs of the sukuk) related to them, and through sukuk spent on executive files that do not exist in the first place (fake).
She added, "The team also identified the existence of executive files, the secretariats of which were disbursed in cash, after which an instrument was prepared on the secretariat itself, that is, the secretariat was spent twice on the same subject, as it was found that the record for auditing the disbursed secretariats was not kept, and the record for the statement of deposited secretariats was not kept. From the bank, while the report of the External Audit Division in the office, after checking the record of receipts and expenditures and comparing it with the bank’s statement (deposits and withdrawals) for the years (2018 - 2020), revealed that the embezzled amounts amounted to (1,968,722,917) billion dinars, while audits are still ongoing regarding the years (2012, 2013, 2014, 2015, 2016, 2017, 2021), as the misappropriated amounts had not been calculated until the time of preparing the report.
The department pointed out that “a fundamental report was organized with all the seizures, and presented to the competent investigative judge, who issued an arrest and investigation order against four employees of the Execution Directorate and prevented their travel. to the provisions of Article (3
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