Tues. AM KTFA News Articles 4-26-22



Jail and imprisonment sentences against bank managers in Diyala on charges of “embezzlement”

26th April, 2022

The Federal Integrity Commission announced today, Tuesday, the issuance of 8 prison sentences and severe imprisonment against three directors of government banks in Diyala Governorate, indicating that the sentences were issued against the convicts; For committing crimes of public money damage and embezzlement.

The Commission’s Investigation Department said, through a statement received to Shafaq News Agency, that the Diyala Criminal Court – the First Commission, issued a seven-year prison sentence in absentia against the convicted director of Al-Rafidain Bank – Jalawla branch, for having disbursed a housing loan in violation of the regulations and instructions, and without placing Seizure of the plot of land belonging to the borrower or the inspection of the presence of a building; Which caused damage to public money.

The department added that the court issued (6) severe imprisonment sentences in his presence for a period of (9) years against the former director of the Agricultural Bank in Hibhab; For deliberately causing harm to the interests of the entity in which he works, pointing out that the convict embezzled amounts of advances and loans that were paid from borrowers and borrowers for his personal interest, and did not indicate them in the bank’s accounts, as well as disbursing a loan in violation of the law.

She explained that the first panel in the Diyala Criminal Court issued a verdict in the presence of severe imprisonment against the former director of the Agricultural Bank in Muqdadiya and the bank’s credit officer, for the crime of disbursing a loan to a person without his knowledge, which led to damage to public money.

And it indicated that the court, after reviewing the evidence obtained in these cases, which was represented by the statements of witnesses and legal representatives of the Rafidain and Agricultural Banks and the confessions of the accused, found it sufficient and convincing to convict them, and issued its decisions in accordance with the provisions of Article (340) of the Penal Code and in accordance with Articles 47, (316) and 49. Referring to Article (132/3) of the law, in addition to obligating the convict (the former director of the Agricultural Bank in Hibhab) to pay the embezzled amount to the affected department.   LINK

Source: Dinar Recaps


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