The Heist of the Century
The documented record · 2017–present

The Heist of the Century

How IQD 3.7 trillion — about $2.5 billion — was stolen from Iraq's tax trust deposits, and how it was uncovered.

Between 9 September 2021 and 11 August 2022, 247 cheques drawn on the tax trust deposits account of Iraq's General Commission for Taxes at Rafidain Bank were issued to five private companies with no entitlement of any kind. The amounts were withdrawn in cash, often within a day. Not one of the 247 cheques was recorded in the Commission's own books.

This platform is the documented public record of that crime: the full story, the people, the mechanics, the uncovering, and the aftermath — with every claim linked to its evidence.

The numbers
IQD 3.70T
Stolen — ≈ USD 2.54 billion at the time
247
cheques
5
shell companies — combined declared capital under IQD 20 million
337
days of uninterrupted theft
≈185 tonnes
physical weight of the stolen banknotesTestimony
0
Rafidain Bank or Central Bank officials ever chargedAccountability tracker
What makes this site different

Everything here is sourced. Official investigation reports, bank statements, cheque scans, forged instruments, ministerial orders, and court-related records — catalogued, viewable, and downloadable. Where a statement rests on testimony or remains an unverified allegation, it is labelled as such. The narrative distinguishes at all times between what the documents prove, what witnesses attest, what the press reported, and what remains alleged.

No updates on the record yet.