BAGHDAD (AP) — Iraq’s government said on Sunday it will recover part of nearly $2.5 billion in funds embezzled from the country’s tax authority in a massive…
Approximately 182 billion Iraqi dinars, or $125 million, of the stolen sum will be recovered through the seizure of properties and assets belonging to a well-connected businessman complicit in the corruption scheme, Prime Minister Mohammed Shia al-Sudani’s office said in a statement.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Jassim confessed to holding the embezzled sum, the statement added. Al-Sudani also said the investigation was ongoing and had identified other individuals involved.Article content
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