Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The amounts reached 8 billion dollars.. "Theft of the Century" in Iraq returns to the forefront agai

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 277173
    Join date : 2012-12-21
    • Post n°1

    The amounts reached 8 billion dollars.. "Theft of the Century" in Iraq returns to the forefront agai Empty The amounts reached 8 billion dollars.. "Theft of the Century" in Iraq returns to the forefront agai

    Post by Rocky Thu 08 Aug 2024, 4:15 am

    [size=35][size=35]The amounts reached 8 billion dollars.. "Theft of the Century" in Iraq returns to the forefront again[/size]
    [You must be registered and logged in to see this link.]
    [/size]

    Policy

    [size][size]
    [You must be registered and logged in to see this link.][/size]
    2024-08-08 | 03:56
    [You must be registered and logged in to see this image.]
    [/size]

    Source:
    [You must be registered and logged in to see this link.]

    1,212 views

    Alsumaria News - Politics

    The issue of stealing tax deposits, known in the media as the "theft of the century" in Iraq, has returned to the forefront again, after the government's Integrity Commission announced that the percentage of stolen amounts had doubled, coinciding with the increase in the number of those accused of theft to more than 30 accused and convicted.


    [ltr]








    0 seconds of 0 seconds Volume 0%





     [/ltr]
    The head of the Integrity Commission, Judge Haider Hanoun, revealed new details, indicating that the Commission succeeded in recovering some of the accused owners of companies involved in the theft, including Qasim Muhammad, who held the position of managing director of the “Humpbacked Whale” company after he was arrested in the Kurdistan Region, where the thefts registered in his name amounted to 988 billion dinars (about 7 million dollars), indicating that these are not final figures.



    While Hanoun confirmed - in a press conference held at the end of last week - that the Prime Minister follows up on the tax deposits issue on a daily basis, he called on the Director of the Tax Authority to announce the amount of stolen funds within 15 days, indicating that the Integrity Commission does not know the total amount stolen.

    However, observers confirmed that the stolen amounts in the same case amounted to more than 8 billion dollars distributed among all the convicted and accused, after it was announced the first time that the stolen amounts amounted to 2.5 billion dollars.

    The anti-corruption activist and former member of the government's anti-corruption committee, Saeed Yassin Musa, stated that the amount of stolen amounts in the tax deposits case amounted to nearly 8 billion dollars, indicating that there is information that cannot be disclosed at the present time, due to its impact on the course of investigations and tracking the movement of wanted persons and funds, especially after the amount of stolen funds has doubled.

    The so-called theft of the century was announced during the government of former Prime Minister Mustafa Al-Kadhimi in 2022, against the backdrop of the involvement of an alliance consisting of 5 fake companies in stealing and withdrawing 3 trillion and 750 billion Iraqi dinars (about 2.5 billion dollars) of funds deposited by major oil companies in their tax accounts using fake papers and checks.
     
    Not the first
    In the same context, former head of the Integrity Commission, Judge Musa Faraj, explains that the "theft of the century", despite its enormity, will not be the first or the last, but its importance comes from the fact that it is a model case of mafia corruption, and it should be adopted as a "case study" of the nature of corruption in the country, as most of the elements of corruption are present in it.

    Faraj says that the environment in which corruption is practiced and the contribution of legislative and executive parties at the highest levels indicates the presence of short-sightedness, as they deal with the country's issues from a narrow personal perspective, especially after they launched a reckless campaign to abolish the offices of the Inspectors General in the ministries, which represent the first line of defense against corruption.

    He pointed out that the parties that dominated the Secretariat of the Council of Ministers and the Prime Minister's Office - since the era of former Prime Minister Nouri al-Maliki - sought desperately to get rid of the competencies, and replaced them with party loyalists who deal with corruption issues in a superficial or selective manner.

    Faraj called for expanding the investigation to include all those who colluded or paved the way for the thieves, starting with the head of the Finance Committee in the House of Representatives, passing through the Prime Minister, the Minister of Finance, the general managers, and everyone who has a direct and indirect relationship, and not limiting the matter to the direct thieves.

    He stressed that the figures for the "theft of the century" were not only what was previously announced, but far exceeded it, considering that the executive authority represented by the Ministry of Finance is reluctant to accurately disclose the amount of stolen money, while the lack of accurate determination of the stolen amount hinders the courts from proceeding with the litigation procedures, which prompted the head of the Integrity Commission to demand that the Minister of Finance and the Tax Authority, within 15 days, accurately determine the stolen amount.

    Main suspects
    According to the head of the Integrity Commission, the accused Mohammed Falah Al-Janabi, the managing director of the "Al-Qant" company, was previously arrested and accused of stealing one trillion and 85 billion dinars (about 7 million dollars) through 79 forged checks, in addition to arresting the third accused of stealing tax deposits in the Emirates, who will be recovered soon.

    Hanoun explained that the fourth accused is Alaa Khalaf Maran, who is currently a fugitive outside the country, and was affiliated with Al-Kadhimi's office at the time. There is also the accused Hussein Kawa, who holds the position of managing director of one of the companies accused of theft, and who is still detained in Erbil. The judge added that efforts are underway with the Kurdistan Region to extradite him, along with another suspect who is also detained and accused of stealing 624 billion dinars, through 37 checks.

    He revealed that the number of accused exceeded thirty, and more than two million dollars and 155 million Iraqi dinars have been recovered, stressing that the first accused, Nour Zuhair, was released on bail and is out of prison, noting that "the case of the theft of the century will not die, no matter how much the corrupt try to hide it from the oversight agencies and the people's eyes."

    Ongoing investigations:
    The head of the Nahrain Foundation for Supporting Transparency and Integrity, Mohammed Rahim Al-Rubaie, revealed that investigations are still ongoing in the case of the theft of tax deposits, by the Supreme Judicial Council, the Federal Integrity Commission, and the investigation team, in addition to teams from the Financial Supervision Bureau, and they have all concluded that there are other persons accused in the same case, and that the crime is considered ongoing as long as the full amount has not been recovered.

    Al-Rubaie explains that the number of defendants will continue to increase until the case is completely concluded, noting that the Integrity Commission's procedures are real, deterrent and comprehensive in order to extradite all those convicted and accused in this case, as well as recover the remaining funds.

    In October 2022, the theft of the century case was revealed for the first time, in which former senior officials and businessmen were involved, and it sparked intense anger in the country, which has witnessed widespread protests in recent years demanding an end to corruption.

    In mid-July, Prime Minister Mohammed Shia al-Sudani considered the theft of tax deposits a black spot in the history of the state, explaining that it was carried out under official cover, and revealed that half of its funds were smuggled abroad.
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sun 08 Sep 2024, 10:30 am