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Asharq Al-Awsat
Asharq Al-Awsat
World
Baghdad - Fadhel al-Nashmi

Iraq Confirms, Probes Theft of $2.5 Billion from Tax Agency

The Iraqi parliament during the presidential election session on October 13, 2022. (EPA)

With corruption being pervasive at all levels of government in Iraq, the vanishing of around $2.5 billion from a bank fund of Iraq’s General Tax Authority has emerged as one of the biggest scandals in the country’s recent history.

Many Iraqis believe that the theft, announced on Sunday, proves that corruption has ushered in total disregard for public funds.

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