The Attorney General’s Office reported last Saturday (5 October) that the branch manager of Jumhouria bank – Qadisiya branch – has been detained, pending investigation, accused of LD twenty-two million fraud of the bank’s funds.
The investigator also took measures to track down the proceeds of the crime and pursue the rest of the contributors to it.
The bank manager is accused of allowing illegal banking operations to be carried out, consisting of deducting the seized amount from the bank’s account, adding it to bank accounts, including his brother’s account, and then facilitating its withdrawal in cash in violation.
The investigation also revealed that the branch manager was intent on accepting the authentication of bank cheques worth five million dinars, despite his knowledge that the values recorded in the cheques were not matched by balances in the drawers’ accounts.
