Revealed the Integrity Commission, on Wednesday, a prison sentence against the Minister of Finance and the director of the Rafidain Bank earlier, attributed the reason to damage the amount of 40 billion dinars.
The Department of Investigation in the Authority in a statement received Alsumaria News, a copy of it that "the Criminal Court on the issues of integrity in Baghdad issued two sentences of imprisonment for seven years against the Minister of Finance and the director of the Rafidain Bank precedes, according to the provisions of Article 340 of the Penal Code and the meaning of the articles of participation 47 and 48 and 49 of it,
"indicating that" this came after the agreement of convicted fugitives in 2012, and the joint with other defendants separated cases, causing intentional damage amounted to (40 billion,000) billion dinars with funds and the interests of the body where they were working, through violations committed from Before them ".
"They have granted a loan to one of the fertilizers production companies, despite the lack of economic feasibility of the project for which the loan was granted and the absence of real estate guarantees, despite the large amount of the loan.
This led to the project being stopped and the loan was not paid," he said. , After reviewing the evidence obtained in the case, which is the statement of the legal representative of the Ministry of Finance who requested the complaint against the accused,
in addition to the minutes of the investigative committee composed in the Office of the Inspector General of the Ministry of Finance, which recommended referral of the accused to the competent courts T that brought the court to the conclusion that the definitive and conclusive evidence obtained is sufficient and compelling convictions. "
In the same context, the court itself issued late in October last two sentences of imprisonment for seven years against the owner of the fertilizer production company that obtained the loan and its Commissioner Commissioner,
in accordance with the provisions of Article 444 / XI of the Penal Code and the meaning of Articles 47, 48 and 49 thereof, In order to cause them to cause damage to public money.
The decisions issued against the four accused including issuing arrest warrants, investigating and carrying out the fundamental search of the convicts, supporting the seizure of their movable and immovable property, and granting the injured party the right to seek compensation before the civil courts after the judgments have been decided by the court.