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وكالة موازين نيوز
Financial Control Bureau Cites 14 Trillion Dinars in Bad Debt
The article focused on the report from the Iraqi Board of Financial Control regarding the financial impact of bad debts, which amounts to 14 trillion Iraqi dinars, with a warning about the urgent need to recover these funds. It also revealed a financial waste issue involving two trillion dinars at the Ministry of Electricity, resulting from payments made for unused energy. Over the past three years, the Board has referred approximately 2,000 judicial reports to the relevant authorities, and in a single year issued about 7,950 reports encompassing around 70,000 pages and 200,000 oversight notes on state institutions. This reflects the extent of corruption and financial waste in both the public sector and the electricity sector in particular.
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