Another Day, Another Heist in Baghdad

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Hours before the White House released its tepid assessment of Iraq’s progress on 18 congressional benchmarks, Baghdad’s Dar Es Salaam bank was burgled of some $282 million. Apparently the heist was an inside job carried out by bank guards, who, Iraqi officials are speculating, have ties to the militias. If true, that certainly doesn’t bode well for the security situation, raising the possibility that some rather unsavory militants are about to get a large cash infusion.

Believe it or not, but this massive heist is only the second largest in the country’s history (not counting the hundreds of millions of dollars that vanished under the watchful eye of Iraq’s defense ministry) . The first, which is the world’s largest, happened shortly before the U.S. invasion commenced in March 2003, when Saddam Hussein and his family pilfered $1 billion from Iraq’s Central Bank.

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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