Prison Director-General of the Iraqi Trade Bank

Writings Friday , October 21.2016

BAGHDAD / National Iraqi News Agency / nina / were known Integrity Commission for the issuance of a default judgment serving prison director general of the Iraqi Bank of Commerce (TBI) and director of the bank 's branch in Harthiya Alosbakan; the overriding functional their powers and they cause to cause serious harm to public money.

According to the investigations department in the body, exhibition Speaking about the case referred to the Court by the competent investigating judge of integrity issues, the issuance of a sentence to seven years ' imprisonment imposed on those convicted for (H.a.a) Director - General of the Iraqi trade Bank (TBI) and (M.b.d) director of the bank 's branch in Harithiyah Alosbakan.

The circle to the feet of the convicted (M.b.d) exploiting his career as the director of the branch of trade Bank of Iraq (TBI) in Harthiya and give himself a loan of million dollars, on the pretext that one of the founders of a competent civil company air cargo and aviation, was signed treatment loan twice: first as a creditor and the second as a debtor.

Further investigation led to the violations , which earlier convicted them (M.b.d) had the knowledge and approval of the Director General of the Iraqi trade Bank (TBI) former (H.a.a) and also showed that Okiem equity Properties, which put as collateral to meet the loan, it was much less than the loan granted to a convicted value, as well as the civil company 's failure to pay interest on the loan, the amount of damage to public money to reach more than a million and a half million.

Found competent integrity issues the court as a result of available has from enhanced the minutes of the investigative committee , composed in the bank evidence and recommended to download convicts full responsibility for the abuses and violations taking place in the treatment of the loan and the damage that mass public money, as well as the presumption of escape of convicts from the face of justice, adequate and convincing for being convicted on the basis of the requirements of Article 340 of the Penal Code .

The court decided to rule on each of the convicts sentenced to seven years, pro custody on their money movable and immovable property, giving the right hand of the affected request compensation if the acquisition of the decision become final rule.

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