Iraq News

Iraq’s integrity watchdog restores state property worth $37 million

Iraq’s Commission of Integrity (CoI) announced on Thursday (January 18th) that it has restored the ownership of several properties in Karbala worth an estimated 43 billion Iraqi dinars ($37 million) to the state.

"Corruption by a group of employees has led to the transfer of state-owned properties to individuals," the CoI said in a statement.

After conducting investigations, the fraud, which covered a total of 15 buildings worth 43 billion Iraqi dinars, has been discovered, the statement said.

"The corruption [case] has inflicted losses to public funds," it said, noting that some officials involved in the case have been arrested, including the general manager of real estate registration in Karbala.

Do you like this article?

0 Comment(s)
Comment Policy * Denotes Required Field 1500 / 1500