Details of the ruling against the former director of the Iraqi Trade Bank

[yota691]

Details of the ruling against the former director of the Iraqi Trade Bank

 

PM:02:30:11/11/2021

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On Thursday, the Integrity Commission announced the details of the ruling issued against the former Director General of the Trade Bank of Iraq, TBI.

The Commission's investigation department said, in a statement today, (November 11, 2021), that "the Karkh Criminal Court - the third panel, issued a seven-year prison sentence in absentia against the former director general of the Iraqi Trade Bank, based on the provisions of Article (340) of the Penal Code. ".

The statement added, "The ruling came against the background of the charges brought in the case of granting credits in large amounts to one of the bank's customers without providing sufficient guarantees, which caused damage to public money in the amount of (68,240,134,03) dollars."

The authority had previously announced the issuance of judgments in absentia against the convict, including two judgments it disclosed last April, serving seven years in prison each, in my two cases: exempting a private company from all interests resulting from its documentary approval, and granting banking facilities to a private company in contravention of the contexts and instructions of the bank, according to the statement.

[yota691]

 

[Donziman]

In Absentia  meaning they fore warned him so he could get out of the country. Only tough part of the deal,i'm sure he had to share a heavy percent off what he stole to get that heads up  LOL

[horsesoldier]

Well, if this weasel is outta the country it just leaves an additional cell open to put another Big Whale in there...and we know who the Biggest Whale is.

 

Getting a late jump on the day here folks .... A Big Salute to all Veterans on this special day  

[ronscarpa]

"the Karkh Criminal Court - the third panel, issued a seven-year prison sentence in absentia for the loss of  (68,240,134,03) dollars. I wonder who allowed him, or helped him, to leave the country and avoid justice..!