By John Lee.
Iraq's Federal Commission of Integrity (FCOI) has said it is investigating the theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority.
The funds were allegedly stolen from the Tax Authority's account at the state-run Rafidain Bank.
According to The National, the money was paid to five recently-created companies via 247 cheques between 9th September last year and 11th August this year.
The Commission said the case has been referred to the judiciary.
(Sources: Commission of Integrity, The National, @SajadJiyad)