27 October 2020
English Arabic

Iraq sentences ex-senior banking official to jail following corruption trial

Friday, 16 October 2020 12:47

An Iraqi criminal court sentenced a bank official to six years in prison on corruption charges.

Mohamed Khafaji, the former director of the Agricultural Bank, was convicted of wasting around 600 billion Iraqi dinars (around $500,000) between 2011 and 2014.

Based on the ruling, which is preliminary and may be appealed, Khafaji was ordered to be arrested and have his assets frozen.

In the past weeks, Iraqi authorities arrested a number of officials in financial institutions over accusations of corruption.

In August, Iraqi Prime Minister Mustafa Al-Kadhimi formed a special committee to investigate corruption, while protesters have been demanding an end to corruption which has left the country financially crippled.

Iraq tops the countries where corruption is most prevalent, according to Transparency International.

Source: Middle East Monitor

New EIFA Report : Iran’s Support for Islamic Fundamentalist Groups,  Relations With al-Qaeda & Sunni Extremists Under Scrutiny

New EIFA Report : Iran’s Support for Isl...

European Iraqi Freedom Association (EIFA)     Iran’s Support for Islamic F...

EIFA WARNS ABOUT GROWING PRESENCE OF SEC...

EIFA - Press releaseThere are alarming and escalating reports about the presence...

Exclusive: Biography and record of Hadi Farhan Abdullah al-Ameri

Exclusive: Biography and record of Hadi ...

-European Iraqi Freedom Association (EIFA)- Hadi Farhan Abdullah al-Ameri, know...