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An Iraqi central bank manager in the autonomous Kurdistan region was arrested as part of a probe into an alleged illegal bond trading scheme that may have cost the cash-strapped government more than one billion dollars.The two men are being investigated in relation to the alleged illicit trade of government-issued financial instruments, according to the head of the Kurdistan region's integrity commission Ahmed Anwar.Ezzat Sabir, the head of the finance, economy and investment committee in the Kurdistan regional parliament estimated the government had incurred losses of more than one billion dollars from the embezzlement case about which Karim is being investigated.
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