Turn off loans with false documentation Report Akiemha 154 billion dinars
Turn off loans with false documentation Report Akiemha 154 billion dinars 26-11-2015 06:46
Baghdad / Baghdad news
Integrity Commission revealed off bank loans, forged documents, Akiemha amounting to about 154 billion dinars.
The Commission reported that investigators seized fraud by real estate registration department staff in the cities, indicating that the investigations led to the discovery of the issuance of real estate bonds incorrect and false, where they were to change the sex of the property from agricultural to industrial, or from state-owned to the king of exchange, in order to obtain Loans and banking very large sums of state banks.
She said the Authority that the total amount of bank loans and borrowings made for disbursement, real estate bonds forged issued by the Land Registry Department in the cities, amounted to about 154 billion dinars, pointing out that the sum of the amounts actually disbursed amounted to sixty-seven billion dinars, while the body was able to prevent the exchange a total of Eighty-seven billion dinars of the total of loans and advances, as well as the amount of 16 billion dinars, body prevented disbursed after it was ready to exchange transactions actually.
The Commission noted that it has managed with the help of the concerned authorities of the arrest of the main accused in the Baghdad airport, and bring it back after it was trying to escape out of Iraq.