More than half a billion dinars stolen from a government bank in Baghdad
More than half a billion dinars stolen from a government bank in Baghdad
2026-01-27 04:14
Shafaq News – Baghdad
An informed source revealed on Tuesday that one of the branches of the “government-owned” Rafidain Bank in the capital, Baghdad, was subjected to a robbery of large sums of money estimated at more than half a billion Iraqi dinars.
The source told Shafaq News Agency that the circumstances of the theft are still unclear, as the mechanism of its execution and the parties involved, whether accused or accomplices, are unknown, as well as how these sums were withdrawn without being detected at the time.
He pointed out that the incident reveals an administrative flaw and a weakness in the control and follow-up procedures within the branch concerned, which raises serious questions about the level of financial governance adopted.
The source indicated that this requires the regulatory authorities and the Integrity Commission to open an urgent investigation, conduct field inspections, and investigate the details of the incident in order to uncover the truth and hold those responsible and involved accountable in order to protect public funds.
shafaq.com
