Officials at Rafidain Bank arrested on charges of stealing 1.6 billion dinars

On Thursday evening, a joint force from the Federal Integrity Commission and the SWAT force in Diwaniyah Governorate carried out a qualitative operation that resulted in the arrest of a number of officials in Al-Rafidain Bank, on the grounds of a currency manipulation and embezzlement case.

An informed source told Shafaq News Agency that investigations revealed the changing of banknote denominations from 50,000 dinars to 1,000 dinars, in a manipulation operation that led to the theft of an estimated 1.6 billion dinars.

The source added that the operation came after intensive monitoring and investigations, during which the accused were arrested and legal measures were taken against them, while investigations are still ongoing to uncover all those involved and recover the stolen funds.

Shafaq.com