‘Heist of the century’: how $2.5bn was plundered from Iraqi state funds

[AJBot]

Mystery surrounds embezzlement of tax revenues, which appears to have been facilitated by some of the highest offices in the countryIraqis have called it “the heist of the century” – a brazen multibillion-dollar plundering of state coffers that has gripped the country.The theft of $2.5bn was apparently facilitated by some of the highest offices in the land, according to sources and a series of government letters issued in the summer of 2021. The documents, signed by various government institutions including the then prime minister’s office, cancelled the audit of withdrawals from the I ...

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