Shafaq news/ billions of Iraqi dinars have been subject to fraud, waste and abuse in Basra Oil Company, the federal Integrity Commission announced on Monday in a statement.
“Basra Company’s financial department employees wasted over $1 billion dinars using forged documents and about two billions dinars are also wasted in Shatt al-Arab municipality” the statement said.
The defendants have been placed under investigation, according to the statement.