integrity relive 1.5 billion dinars had been stolen from a government bank

[yota691]

Iraqi judiciary announces stop large financial thefts permeated the "electronic clearing" system

 

 

Tuesday, January 10, 2017 - 10:37 GMT | Posted Number: 22 354

Iraq 's judiciary announced that the specialized integrity issues in Baghdad contributed to court to stop a major financial drain long government and private banks after the theft and manipulation practiced in cahoots staff through "electronic clearing system operations." 
The court revealed that the withdrawals of large sums of money under the instruments do not carry balances led to the bankruptcy of some banks, have shown that their actions contributed to address the imbalance and stop the disbursement of some 800 billion dinars. 
The newspaper quoted "eliminate" electronic in a report about the first court of inquiry integrity in Baghdad , Qazi Muhammad Salman as saying that " the Iraqi judiciary and through electronic clearing procedures addressed to the work of banks problems , whether government or civil." 
Salman said that "dealing with the system caused the loss of a lot of money as a result benefit from the breaches that were getting in." 
He explained that " the amount of what was to stop him and prevent stolen during the last term of up to 800 billion dinars , whether rational or Rafidain Bank in coordination with the relevant authorities." 
Salman and referred to " the arrest of several accomplices staff , " noting that " the provisions judicial longer involved penalties reached in some cases to life imprisonment." 
In contrast, he stressed the importance of the electronic clearing, and promised " a very advanced systems being dealt Bmugea at the domestic level only," and spoke of "big positives achieved by the Iraqi banking system, but for the rig personnel led to a theft." 
Salman is known as electronic clearing as " a system in which banks can participate and branches of the exchange of payment orders between them automatically, without going through the complex procedures and red tape former shorthand of time and effort by relying on technological development." 
Judge Salman pointed out that the "Advanced system uses for several purposes: the most important in the exchange of electronic instruments encoded magnetic ink." 
The work is done in accordance with the system of Salman "by keeping the original copy of the instrument in the section where the depositor and send a picture of it and its data to the public administration of the bank 's headquarters." 
He stated that " the electronic clearing operation actually began in Iraq in September of 2006, to contribute to the transfer of funds between accounts about automatic without resorting to dealing directly with cash, especially if large amounts have been and can not be moved immediately." 
Salman said that "investigative procedures found cases of open current accounts mostly among government banks free of the amounts required to be converted." 
And goes on to "give people the instruments to others for the purpose of dispensing them may be an actual business deal or with the complicity of the drawer." 
Salman was to be " the beneficiary of the instrument is checking in with his account in a civil or government banks after receiving the value of the bank electronically send the instrument to the drawer bank." 
He noted that " the duty falls to the bank to verify the fact that the drawer has a balance The amount of the instrument or not the notice of the drawee bank so." 
Salman and cautioned that " the notice must receive within three days . If elapsed without the receipt of the instrument Answer is considered accrued to the bank that offers him such an instrument, which is obliged to pay the amount." 
He stressed that " it is too long without access Answer is a sign of the bank 's payout verification instrument balance of the depositor and the bank has not get intercepted and that he would turn the amount required for later." 
He pointed out that " the gap is limited at this time that he used some of the staff of the accomplices of thieves looted public money." 
And the role of staff, said "they deliberately delay the delivery of the answer to the bank that gives the amounts that there is no sufficient balance the drawer , " noting that "it would retain a copy of the instrument and not to turn it into a current account until the end of the three - day period." 
Salman noted that " the part of the banks declared bankruptcy and closed its doors after falling prey to the mistakes of the electronic clearing through a very huge amounts of money stolen from their balances instruments are incorrect." 
For his part, the prosecutor finds in the presidency to resume Baghdad / Rusafa Judge Haidar Hisham told to "eliminate", that "crime will not be realized without the complicity gets from the employee responsible for the clearing of electronic bank robber who purports to drag him." 
Hisham said that " the judiciary turned to breaches in the system and the procedures taken against those responsible , whether thieves or corrupt officials." 
He revealed "measures recently taken by the court led to the adoption of a new mechanism which is not to launch any amount from the bank without making sure about the availability of a clear balance of the free instrument." 
It continues that " the recommendations of the President of the Federal Judiciary Judge Medhat al - Mahmoud judges come to the continuous follow - up of all the corruption and waste of public money and to avoid any loophole can get carried out , during which they looted and accomplices amounts Files". 
He pointed out the prosecutor to appeal to the Rusafa "integrity courts in Iraq is keen to sustain communication and coordination with all the competent authorities with the support of the banking system of Iraq to address any mistakes and to prevent the theft of the money in any way."

[tigergorzow]

Yota Thanks, DV, Excellent news that the "Judiciary" is handling their business with the theft of Iraqi's Money and going after the corrupt & thieves.  Hold them all accountable and punish the guilty severely!!

 

GO Justice!!

Edited January 20, 2017 by tigergorzow

[SnowGlobe7]

publish the names

[ChuckFinley]

Sounds like they are taking care of business. 

[sandfly]

Just keep it going 

[Big_J]

GM YOTA AND DV.

[copper13]

Any Day Now!

[army03]

Just keep moving forward 

[ggdog60]

Thanks, Yota!

[Laid Back]

Those who brought Iraq to where it is now have triumphed,” Obeidi said, following parliament’s vote. "I tried with everything to fight corruption but it appears that its masters are stronger, their voices louder and their actions more enduring.”

Go Iraq 

Go reforms

Go battle against corruption 

Go success 

[yota691]

integrity relive 1.5 billion dinars had been stolen from a government bank

 

     

 

 19 minutes ago

 

 

Twilight News / Integrity Commission announced on Sunday, for the recovery of more than 1.5 billion dinars to the state treasury was stolen from a government bank through the liberalization of instruments without balance.

The authority said in a statement seen by Twilight News, he said that "affiliate Investigation Department conducted the investigation into the theft of $ (1,520,000,000) billion dinars from the Rafidain Bank branch brotherhood with the complicity of his staff, resulted in the recovery of the full amount to the state treasury."

She explained that the "accused of theft called (V.h.s) returned the stolen amount to the state treasury by editing counted the amount entitled to the Supreme Judicial Council presidency resume Rusafa court."

The agency said that "the accused mentioned edited the instruments without the balance of the oldest on the disbursement of facilitating collusion with a number of bank employees, and I am still in the process of investigative procedures in effect accomplices employees."

 

[vato96]

They seem to be finding lots of dinar lately. Hopefully it's put to good use

[unirod]

In Iraq when top bankers only get fines instead of prison time. This will signal that Iraq has become civilized in their corruption and on par with the west!

 

[yota691]

Logo Integrity Commission

Integrity relive billion and 520 million dinars stolen from a government bank instruments forged

 

Author: 
Editor: BK 
22.01.2017 20:00 
Number of Views: 379

 

Long-Presse / Baghdad

It revealed the Integrity Commission, on Sunday, being able to recover one billion and 520 million dinars to the state treasury, indicating that it was stolen from a branch of the Rafidain Bank, the government, through the liberalization of instruments without balance and "complicity" a group of affiliates.

She said the investigations department in the Authority, in a statement, I followed (range Press), "The investigative actions taken in case of theft billion and 520 million dinars from the Rafidain Bank, brotherhood branch, in collusion with his staff resulted in the recovery of the full amount to the state treasury," pointing out that "the defendant stole the sum named (V.h.s) returned to the state treasury by editing counted the amount entitled to the Supreme Judicial Council - presidency of the resumption of the Rusafa court."

She said the department, that "the defendant (V.h.s) edited the instruments without the balance of the amount stolen, and disbursement of facilitating collusion by a number of bank employees," indicating that they "rushed to open a criminal case resulted in the recovery of the stolen money to the state treasury, and investigative procedures remain in effect accomplices in the process of staff. "

[tigergorzow]

On ‎1‎/‎20‎/‎2017 at 1:51 PM, Laid Back said:

Those who brought Iraq to where it is now have triumphed,” Obeidi said, following parliament’s vote. "I tried with everything to fight corruption but it appears that its masters are stronger, their voices louder and their actions more enduring.”

Go Iraq 

Go reforms

Go battle against corruption 

Go success 

LB, DV,  Don't Worry The Iraqi Corruption Is About To Become Extinct for a lot of Corrupt Iraqi Politicians and others.  "Greed" will be the demise of all at some point!!

GO Justice!!

[tigergorzow]

On ‎1‎/‎20‎/‎2017 at 1:51 PM, Laid Back said:

Those who brought Iraq to where it is now have triumphed,” Obeidi said, following parliament’s vote. "I tried with everything to fight corruption but it appears that its masters are stronger, their voices louder and their actions more enduring.”

Go Iraq 

Go reforms

Go battle against corruption 

Go success 

LB, DV,  Don't Worry The Iraqi Corruption Is About To Become Extinct for a lot of Corrupt Iraqi Politicians and others.  "Greed" will be the demise of all at some point!!

GO Justice!!

[Laid Back]

1 minute ago, tigergorzow said:

LB, DV,  Don't Worry The Iraqi Corruption Is About To Become Extinct for a lot of Corrupt Iraqi Politicians and others.  "Greed" will be the demise of all at some point!!

GO Justice!!

Totally agree with you tigergorzow 👍🏼

[yota691]

Integrity issued a default judgment against a fugitive convicted of embezzlement charge

01/24/2017

 

(Independent) ... integrity issues competent criminal court sentenced in absentia the right to charge the former Post Office Rusafa spend in prison for embezzlement condemnation, saying that the referee's decision included issuing an arrest warrant against the governed.

The Integrity Commission said in a statement received by the (independent) .... Today Tuesday that "the investigations department in the body, has issued a default judgment against the former responsible Rusafa Post Office serving a prison term of fifteen years," indicating that "condemned fugitive (H.j.a) the agreement and engage with others accused of embezzling an amount dispersed papers (449,975,000) dinars, through the falsification of signatures in payrolls on welfare. "

And that "the Court for its part, found as a result of available evidence in their possession and evidence and the statements of the legal representative of the Ministry of Communications, the administrative investigation included Mqbartha and its payment of the amount of fifty million dinars, and the presumption of her escape from justice is sufficient and compelling criminalized, Vgmt by imprisonment based on the provisions of Article 315 of the Penal Code in terms of participation 47, 48 and 49 thereof materials. "

The body, that "the decision of the referee to ensure issuance of an arrest warrant against the governed, and make fundamentalist inspection right, with the support of reserve funds movable and immovable property, in addition to granting the right to hand the affected (Ministry of Communications) request for compensation after the acquisition of the decision become final judgment." (End )