Baghdad, The Federal Integrity Commission announced today, Tuesday, the implementation of the arrest warrant issued against the director of a branch of a government bank in Anbar Governorate on intentionally caused harm to the funds and interests of the entity for which he worked.
A statement by the Commission regarding the arrest warrant issued against the director of al-Rafidain Bank / Saqlawiya Branch/ indicated that the investigation, auditing and follow-up work carried out by a work team in Anbar Investigation Office of the Commission revealed that the accused ‘the bank manager’ had granted a loan to a person; ‘based on an unrealistic and exaggerated disclosure report.’
The statement added that the accused agreed to grant a loan in the amount of five billion dinars to a borrower who intended to establish a private university in the city of Fallujah, pointing out that the loan was granted based on the inaccurate report of the inspection committee on the mortgaged property, in addition to exaggerating th
e value of the property.
The statement continued that the arrest order issued by the judge of the Integrity Investigation Court in Anbar, in accordance with the provisions of Article (340) of the Penal Code, included an arrest order against another accused that was impossible to implement, because he was transferred outside the bank’s staff to another place.’
Source: National Iraqi News Agency