Baghdad, Iraq- Iraq has extradited two suspects linked to the infamous “Theft of the Century” tax fraud case from Kuwait, the Integrity Commission confirmed. The individuals, a private trade company’s managing director and his agent, allegedly helped steal large amounts of tax money.
Authorities arrested the suspects in Kuwait after an international red notice was issued. Iraqi officials worked with Kuwaiti authorities to bring them back. The Karkh Second Investigative Court had already issued arrest warrants under Article 11/444 of Iraq’s Penal Code based on witness testimonies.
“The Theft of the Century” is one of Iraq’s biggest financial scandals, involving the loss of billions in tax deposits. Investigators are still working to recover the stolen funds and find others involved.
This extradition is an important step, but the case is not over. Iraq is still searching for more suspects. The government has promised to fight corruption and prevent future crimes. “The Theft of the Century” shows why Iraq needs stronger financial rules and more transparency.
