The Karkh Second Investigation Court recovered, on Sunday, a sum of 21 billion and 424 million Iraqi dinars in connection with a case of financial fraud.
In a statement received by the Iraq Times Agency, the Supreme Judicial Council announced that "the funds were recovered from two companies that had acted unlawfully to exploit the dollar exchange rate differential during the transfer of funds abroad through fraudulent means."
It is noteworthy that the Karkh Second Investigation Court, through significant efforts and under the supervision of its presiding judge, succeeded in recovering this amount. Such efforts remain ongoing to initiate legal proceedings against other companies that employ unlawful methods to generate large profits, to the detriment of public funds.
Judiciary recovers 21 billion in a financial fraud case
