Iraq loses $ 93 billion of cash balance

Iraq loses $ 93 billion of cash balance

Posted, 13-01-2015 10:02 PM

Iraq loses 93 billion dollars of cash balanceAnnounced in a parliamentary finance committee member for an urgent investigation to uncover the circumstances of the loss of $ 93 billion of Iraq’s cash balance during the last ten years.
The MP said Masood Haider, the committee opened an investigation sooner to uncover the circumstances of the loss of the cash balance of Iraq in the last ten years.
He said ‘that the balance critical of the government since 2004 to 2013 amounted to 114 trillion dinars, and only Trliunin and 400 billion dinars, leaving them as a shock to the loss of the money ‘.
According to the financial statements, and the available information, reported by a member of the Committee, the fiscal surplus amounted to $ 150 billion from 2004 to 2012 , while cash balances retained amounted to $ 95 billion, adding only that we have rounded the assets of two billion dollars only, while the other Al93 billion has gone unheeded, noting that his committee is working to find out where the money went and punish the corrupt.

ikhnews.com