Central Bank of Iraq investigates theft of 500 billion dinar
Baghdad (IraqiNews.com) On Thursday, the Central Bank of Iraq announced it will form a committee in order to investigate a theft of 500 billion dinar from the large bank accounts of al-Rafidain Bank.
The Central Bank revealed in a statement obtained by IraqiNews, that one of the employees in al-Rafidain Bank committed a number of irregularities on the bank accounts in favor of some customers by transferring large funds from large bank accounts to the accounts of those customers.”
That statement said that, “The Central Bank of Iraq has decided to form an investigative committee just a day after it was acknowledged about the incident,” noting that, “The total amount of money that will be funded back to al-Rafidain Bank from the customers’ accounts is 500 billion dinar.”
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