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Billions of Dinars are waste in Basra Oil Company

Category: Iraq News

Date: 2020-11-09T07:02:24+0000
Billions of Dinars are waste in Basra Oil Company

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.


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