Iraq recovers convicted embezzler of over 1 billion dinars from UAE

Iraq's anti-corruption authority has announced the recovery of a man convicted in four separate cases from abroad, after he embezzled more than 1 billion dinars from the Companies Registrar at the Ministry of Commerce.

The authority added that the suspect embezzled over 1.031 billion Iraqi dinars from the Companies Registrar, according to the Iraqi News Agency.

The convicted individual, Mohammed Ismat Mohammed Said, exploited his position as a cashier at the Companies Registrar to embezzle funds by manipulating receipts and revenue records, entering false amounts, and seizing the financial differences.

The authority noted that four extradition files had previously been sent to the United Arab Emirates. Continued follow-up and coordination with relevant domestic and international agencies led to the issuance of a red notice and an international arrest warrant, resulting in his arrest and extradition to Iraq for legal proceedings.