Investigation office/COI revealed that it arrested a number of accused employees work for a private company in Baghdad. The said employees petitioning loans and advance’s petitions as well as they practice of money exchange without licenses or authorization.

The office said, while it talking about the details of the operation, that a team from Baghdad Investigation Directorate/COI arrested five suspects in the privet company practicing money exchange without licenses or authorization issued by competent authorities, pointing out that the amount of (30,000) dollars, letters of verification of loans and advances belonging to a number of citizens and retirees were seized.

The office added that the suspects were arrested in accordance with article240PC and arrest warrant, adding a formal minute was organized and presented before the investigation judge to take appropriate legal actions.

It’s worth mentioning, that COI ex ecuted a number of arrest warrants, in Baghdad, during the current year led to arrest suspects of bribery, fraud and follow up the petitions to the citizens for money.