Over 8 billion dinars
Maysan oil company official arrested on embezzlement charges
MAYSAN, January 25 – The federal Integrity Commission announced the arrest of a senior official in the Maysan Oil Company on Thursday over allegations of embezzlement, violations, and financial irregularities in disbursing more than eight billion dinars as operational advances.
A statement by the Integrity Commission, a copy of which was received by 964media, said “The Federal Integrity Commission reported the execution of the arrest warrant issued against a senior official in Maysan Oil Company following charges of embezzlement, violations, and financial irregularities committed in disbursing an operational advance of more than eight billion dinars.”
According to the Government Media and Communications Office, the arrest operation was carried out in cooperation and coordination with the Falcons Intelligence Cell. “A team from the commission’s investigation office in Maysan was able to execute the judicial arrest warrant issued two years ago against the fugitive suspect, the manager of the payments department in the financial department of Maysan Oil Company, in central Baghdad,” the media office said.
The media office added, “The accused repeated the disbursement of 26 documents for the years 2020 and 2021 specifically for operational advances, rewards, external missions, and Energy Police personnel salaries, pointing out that these documents were tabulated on accounts not related to them.”
The office further stated, “A procedural record was organized for the operation, which was executed pursuant to the provisions of Article 316 of the Penal Code no. 111 for the year 1969 amendment; to present it along with the accused before the judge of the Investigation Court specializing in looking into the integrity cases in Maysan; to complete the legal procedures and decide the fate of the accused.”
The commission announced the arrest of eight employees from the Maysan Oil Company on January 19. The suspects served as accountants and auditors in the company’s finance department, and were targeted for detention following financial irregularities and violations committed in disbursing an operational advance.