Baghdad: The head of the Federal Board of Supreme Audit, Ammar Subhi al-Mashhadani, has announced that approximately 4 trillion dinars in indemnification remain uncollected, highlighting significant financial issues within government oversight agencies. The Board of Supreme Audit serves as a post-audit body, evaluating the activities of various governmental bodies and committees.

According to National Iraqi News Agency, al-Mashhadani provided a televised statement detailing the Board’s 2025 report, which includes more than 7,950 individual reports. These reports collectively span no less than 70,000 pages and contain hundreds of thousands of observations. The report, compiled in accordance with applicable laws, is submitted to Parliament within a 120-day timeframe. It contains numerous observations and highlights financial irregularities.

Al-Mashhadani confirmed that the report points to 100 trillion dinars in outstanding advances that have yet to be settled, accumulating since 2004. Additionally, he noted that the Treasury’s share of unpaid company dues stands at approximately 24 trillion dinars. Furthermore, he disclosed that one of the Ministry of Electricity’s contracts, aimed at operating power plants, cost the state 2 trillion dinars.

Al-Mashhadani emphasized that this parliamentary session marked the first time since 2003 that the parliament discussed the Board’s annual report, reflecting a new level of scrutiny and accountability for the Federal Board of Supreme Audit’s findings.