In Kirkuk
Former bank officials sentenced to six years for financial misconduct
KIRKUK – The Kirkuk Criminal Court sentenced two former managers of the public Al-Rasheed Bank in Kirkuk to six years in prison in absentia for financial misconduct, the Federal Integrity Commission announced Tuesday. Najat Ali Jawad, the ex-manager, and Saad Hassan Mousa, the former head of banking operations, were convicted for releasing a company’s deposit without verifying contractual obligations, causing financial harm to the bank.
The court’s decision was based on substantial evidence, including testimonies from the complainant’s legal representative, administrative investigation findings, audit reports, witness statements, and official correspondences. The court found these sufficient for a conviction under Article 340 of the Penal Code, alongside Articles 47, 48, and 49, which address complicity in the offense.
Article 340 of the Penal Code stipulates that public officials or agents who intentionally damage the property or interests of their authority, or entrusted property, face imprisonment of up to seven years or detention.
Arrest warrants have been issued for both individuals, with travel bans and asset freezes implemented to prevent their escape and secure potential restitution. The defendants are entitled to seek compensation through civil courts once the judgment is finalized.
Integrity commission captures Anbar employee in bribery sting operation
