By John Lee.
The Second Karkh Investigation Court in Baghdad has recovered 2 billion Iraqi dinars [$1.5 million] in connection with a financial fraud case.
According to the Supreme Judicial Council, the funds were retrieved from two companies that had illegally profited from discrepancies in the dollar exchange rate through fraudulent foreign transfer operations.
The court, under the supervision of its chief judge, confirmed that further legal measures are being pursued against other companies employing similar schemes that harm public funds.
(Source: Supreme Judicial Council)
See also:
Comments are closed.