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Former Finance Minister: Theft of $2.5 billion in tax funds in Rafidain Bank
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Economy News - Baghdad
Acting Finance Minister Ihsan Abdul-Jabbar revealed, on Saturday, a “theft” estimated at two and a half billion dollars in tax funds in the Rafidain State Bank.
Abdul-Jabbar, who is currently the Minister of Oil, wrote in a tweet on his Twitter account, "The Prime Minister graciously agreed to our request regarding the exemption from the duties of the acting Ministry of Finance."
He pointed out, "The results of the investigation that we directed after we were assigned to the ministry, and the official evidence of the theft of an amount of 3.7 trillion Iraqi dinars (2.5 billion dollars) in tax funds / Rafidain Bank by a specific group."
Abdul-Jabbar added that "it was handed over by the Ministry of Finance to the competent authorities, including the Parliamentary Finance Committee, which asked us to do so officially and in the media."
He added, "We did not submit to any pressure or bargaining to prevent us from performing our role in protecting public money."
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Added 10/15/2022 - 5:26 PM
Update 10/16/2022 - 11:35 AM
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Economy News - Baghdad
Acting Finance Minister Ihsan Abdul-Jabbar revealed, on Saturday, a “theft” estimated at two and a half billion dollars in tax funds in the Rafidain State Bank.
Abdul-Jabbar, who is currently the Minister of Oil, wrote in a tweet on his Twitter account, "The Prime Minister graciously agreed to our request regarding the exemption from the duties of the acting Ministry of Finance."
He pointed out, "The results of the investigation that we directed after we were assigned to the ministry, and the official evidence of the theft of an amount of 3.7 trillion Iraqi dinars (2.5 billion dollars) in tax funds / Rafidain Bank by a specific group."
Abdul-Jabbar added that "it was handed over by the Ministry of Finance to the competent authorities, including the Parliamentary Finance Committee, which asked us to do so officially and in the media."
He added, "We did not submit to any pressure or bargaining to prevent us from performing our role in protecting public money."
151 views
Added 10/15/2022 - 5:26 PM
Update 10/16/2022 - 11:35 AM
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